FRME director receives 500-share stock grant

FISHER MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

FISHER MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.

FIRST MERCHANTS CORP director Michael J. Fisher reported receiving a grant of 500 shares of Common Stock on 2026-06-30 at a value of $43.69 per share. After this grant, his direct holdings total 19,029.019 shares, including Restricted Stock Awards totaling 7,132 shares.

Insider Trade Summary

Grant/Award: 500 shares

Grant/Award 1 txn

Insider FISHER MICHAEL J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	500	$43.69	$22K

Holdings After Transaction: Common Stock — 19,029.019 shares (Direct)

Footnotes (1)

1. F1. Includes Restricted Stock Awards totaling 7,132 shares

Key Figures

Stock grant size: 500 shares Grant value per share: $43.69 per share Total holdings after transaction: 19,029.019 shares +1 more

4 metrics

Stock grant size 500 shares Common Stock grant on June 30, 2026

Grant value per share $43.69 per share Reference value for June 30, 2026 award

Total holdings after transaction 19,029.019 shares Direct ownership following the grant

Restricted Stock Awards included 7,132 shares Portion of holdings in Restricted Stock Awards

Key Terms

Restricted Stock Awards, Common Stock, Grant, award, or other acquisition

3 terms

Restricted Stock Awards financial

"Includes Restricted Stock Awards totaling 7,132 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.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

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

What insider transaction did FIRST MERCHANTS CORP (FRME) director Michael J. Fisher report?

Michael J. Fisher reported receiving a grant of 500 shares of FIRST MERCHANTS CORP Common Stock. The award was recorded on June 30, 2026 at a reference value of $43.69 per share as part of his director compensation, rather than an open-market purchase.

At what price was Michael J. Fisher’s June 30, 2026 FRME stock grant valued?

The 500-share grant to Michael J. Fisher was valued at $43.69 per share. This price typically reflects the company’s stock value used for compensation calculations on the grant date, not an open-market trade executed by the director.

How many FIRST MERCHANTS CORP shares does Michael J. Fisher hold after this Form 4 transaction?

After the June 30, 2026 grant, Michael J. Fisher directly holds 19,029.019 shares of FIRST MERCHANTS CORP Common Stock. This total includes both previously held shares and the new award reported in the filing as part of his director equity compensation.

How many Restricted Stock Awards does Michael J. Fisher have in his FRME holdings?

Michael J. Fisher’s reported holdings include Restricted Stock Awards totaling 7,132 shares. Restricted Stock Awards typically vest over time or upon meeting conditions, aligning director or executive compensation with long-term shareholder interests as those restrictions lapse and shares fully vest.

Was Michael J. Fisher’s June 30, 2026 FRME transaction a market purchase or a grant?

The June 30, 2026 transaction is classified as a grant or award acquisition, not an open-market purchase. The Form 4 uses transaction code “A,” indicating shares were awarded as compensation rather than bought directly on the stock market by the director.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/02/2026 - 04:41 PM EDT Learn about SEC filing dates

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^*

FISHER MICHAEL J

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		A		500	A	$43.69	19,029.019(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes Restricted Stock Awards totaling 7,132 shares

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)