First Merchants CFO granted 13,000 shares
FIRST MERCHANTS CORP Executive Vice President and Chief Financial Officer Michele Kawiecki reported a grant or award of 13,000 shares of common stock on August 3, 2026 at $43.63 per share.
Rhea-AI Filing Summary
FIRST MERCHANTS CORP Executive Vice President and Chief Financial Officer Michele Kawiecki reported a grant or award of 13,000 shares of common stock on August 3, 2026 at $43.63 per share. On August 2, 2026, 2,910 shares of common stock were withheld at $43.14 per share to satisfy an exercise price or tax liability. The report also shows 2,008.016 shares of common stock held indirectly through a 401(k) plan, and a footnote states that her holdings include Restricted Stock Awards totaling 40,475.890 shares.
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Insights
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kawiecki Michele
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 13,000 | $43.63 | $567K |
| Exercise Price or Tax Liability | Common Stock | 2,910 | $43.14 | $126K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 72,404.461 shares (Direct);
Common Stock — 2,008.016 shares (Indirect, 401(k) Plan)
Footnotes (1)
- F1. Includes Restricted Stock Awards totaling 40,475.890 shares
Key Figures
Common stock grant: 13,000 shares
Grant price: 43.6300
Shares withheld for exercise price or tax: 2,910 shares
+3 more
6 metrics
Common stock grant
13,000 shares
Grant or award of common stock on August 3, 2026 at $43.63 per share
Grant price
43.6300
Price per share for the 13,000-share common stock grant on August 3, 2026
Shares withheld for exercise price or tax
2,910 shares
Shares withheld on August 2, 2026 at $43.14 per share to satisfy an exercise price or tax liability
Withholding price
43.1400
Price per share for the 2,910 withheld shares on August 2, 2026
Indirect 401(k) holdings
2,008.016 shares
Common stock held indirectly through a 401(k) Plan as of the August 2, 2026 holding entry
Restricted Stock Awards
40,475.890 shares
Footnote states reported holdings include Restricted Stock Awards totaling this amount
Key Terms
Restricted Stock Awards, 401(k) Plan, exercise price or tax liability
3 terms
Restricted Stock Awards financial
"Includes Restricted Stock Awards totaling 40,475.890 shares"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
401(k) Plan financial
"Indirect ownership of 2,008.016 shares through a 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock award did FIRST MERCHANTS CORP (FRME) CFO Michele Kawiecki report?
Michele Kawiecki reported a grant or award of 13,000 shares of FIRST MERCHANTS CORP common stock on August 3, 2026 at $43.63 per share. This represents a compensation-related acquisition of non-derivative common stock rather than an open-market purchase.
What indirect FIRST MERCHANTS CORP (FRME) holdings does Michele Kawiecki report?
Michele Kawiecki reports indirect ownership of 2,008.016 shares of FIRST MERCHANTS CORP common stock through a 401(k) Plan as of the August 2, 2026 holding entry. This reflects retirement-plan holdings separate from her directly held and awarded shares.
What does the restricted stock footnote disclose for FRME’s CFO?
A footnote explains that Michele Kawiecki’s reported holdings include Restricted Stock Awards totaling 40,475.890 shares. This figure relates to equity awards and is referenced in connection with the post-transaction amounts associated with the August 3, 2026 stock grant or award.
Were Michele Kawiecki’s FRME transactions reported under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox in the report is not marked as affirmed. There is no footnote indicating that these transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan, based on the information provided.
What types of transactions are reflected in this FRME Form 4 for Michele Kawiecki?
The Form 4 shows a grant or award acquisition of 13,000 common shares (code A) and a withholding transaction of 2,910 shares for exercise price or tax liability (code F), plus an indirect holding entry for shares held in a 401(k) plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
