First Merchants Corp (FRME) CIO Fluhler reports 1,795-share insider transaction

Rhea-AI Filing Summary

First Merchants Corp officer Stephan Fluhler reported a disposition of 1,795 shares of common stock on February 8, 2026, coded as transaction type F at a price of $42.34 per share. After this transaction, he directly held 26,160.805 common shares, including 15,879.362 restricted stock awards.

He also indirectly held 3,642.059 common shares through a 401(k) Plan. Fluhler serves as Chief Information Officer and Senior Vice President of First Merchants Corp.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FLUHLER STEPHAN

(Last) (First) (Middle)

200 E JACKSON STREET

(Street)

MUNCIE IN 47305

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST MERCHANTS CORP [ FRME ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
	Chief Information Officer		Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/08/2026		F		1,795	D	$42.34	26,160.805(1)	D
Common Stock								3,642.059	I	401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes Restricted Stock Awards totaling 15,879.362 shares

Remarks:

	Jacob Burkett (Confirming Statement on File)	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did Stephan Fluhler report at First Merchants Corp (FRME)?

Stephan Fluhler reported a transaction coded F involving 1,795 shares of First Merchants Corp common stock at $42.34 per share on February 8, 2026. This filing records a disposition of shares and updates his reported ownership balances.

How many First Merchants Corp (FRME) shares does Stephan Fluhler own after this Form 4?

After the reported transaction, Stephan Fluhler directly owned 26,160.805 First Merchants Corp common shares and indirectly owned 3,642.059 shares through a 401(k) plan. The direct holdings include 15,879.362 shares designated as restricted stock awards.

What does transaction code F indicate in Stephan Fluhler’s First Merchants (FRME) Form 4?

The Form 4 shows transaction code F for the 1,795-share disposition at $42.34 on February 8, 2026. Code F is a specific SEC transaction category, and its use here classifies how this share movement is reported for compliance purposes.

How many First Merchants (FRME) shares were involved in the reported insider transaction?

The reported transaction involved 1,795 shares of First Merchants Corp common stock at a price of $42.34 per share. These shares are listed as disposed of, and the filing updates Stephan Fluhler’s remaining direct and indirect ownership positions accordingly.

What portion of Stephan Fluhler’s First Merchants (FRME) holdings are restricted stock awards?

The filing notes that Stephan Fluhler’s direct holdings include restricted stock awards totaling 15,879.362 shares. These restricted awards form part of his 26,160.805 directly owned common shares reported after the February 8, 2026 transaction.

How are Stephan Fluhler’s indirect First Merchants (FRME) holdings structured?

The Form 4 reports that Stephan Fluhler indirectly owns 3,642.059 First Merchants Corp common shares through a 401(k) Plan. These shares are classified as indirect beneficial ownership, separate from his directly held and restricted stock award positions.