First Merchants director granted 518 shares

Brooks Susan W reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Brooks Susan W reported acquisition or exercise transactions in this Form 4 filing.

First Merchants Corp director Susan W. Brooks received a grant of 518 shares of common stock at $43.69 per share. This was a stock award, not an open-market purchase. Following the grant, she directly holds a total of 12,572.238 common shares, including restricted stock awards totaling 7,387 shares.

Insider Trade Summary

Grant/Award: 518 shares

Grant/Award 1 txn

Insider Brooks Susan W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common	518	$43.69	$23K

Holdings After Transaction: Common — 12,572.238 shares (Direct)

Footnotes (1)

F1. Includes Restricted Stock Awards totaling 7,387

Key Figures

Shares granted: 518 shares Grant price: $43.69 per share Total direct holdings: 12,572.238 shares +1 more

4 metrics

Shares granted 518 shares Common stock award to director Susan W. Brooks

Grant price $43.69 per share Reported value for 518-share stock grant

Total direct holdings 12,572.238 shares Common shares held after the transaction

Restricted stock awards 7,387 shares Restricted stock included in total holdings per footnote

Key Terms

Restricted Stock Awards, transaction code A, Form 4

3 terms

Restricted Stock Awards financial

"Includes Restricted Stock Awards totaling 7,387"

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.

transaction code A financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did First Merchants (FRME) director Susan W. Brooks report?

Director Susan W. Brooks reported receiving a grant of 518 First Merchants common shares. The shares were awarded at $43.69 per share as a stock grant, increasing her direct holdings to 12,572.238 shares, including previously granted restricted stock awards.

Was the Susan W. Brooks Form 4 for FRME a stock purchase or a grant?

The Form 4 for Susan W. Brooks shows a stock grant, not an open-market purchase. The 518 common shares were acquired under transaction code A, meaning a grant, award, or other acquisition, typically as part of director or executive compensation.

How many First Merchants (FRME) shares does Susan W. Brooks hold after this Form 4?

After the reported grant, Susan W. Brooks directly holds 12,572.238 First Merchants common shares. This total includes restricted stock awards of 7,387 shares noted in the filing’s footnote, reflecting both vested and unvested equity-based compensation positions.

At what price were the 518 FRME shares granted to Susan W. Brooks?

The 518 First Merchants common shares granted to Susan W. Brooks were valued at $43.69 per share. This price is typically used for reporting the grant’s fair value and does not represent an open-market purchase transaction by the director.

What does transaction code A mean in the FRME Form 4 for Susan W. Brooks?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition of shares. For Susan W. Brooks, it reflects a compensation-related stock award of 518 First Merchants common shares, rather than an elective buy or sell in the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 04:37 PM EDT

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Brooks Susan W

(Last)

(First)

(Middle)

200 EAST JACKSON ST

(Street)

MUNCIE

INDIANA

47305

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	06/30/2026		A		518	A	$43.69	12,572.238⁽¹⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes Restricted Stock Awards totaling 7,387

Remarks:

	Paul Cento (Confirming Statement on File)	07/02/2026
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR