First Merchants Corp Schedule 13G/A Amendment No. 8: The Vanguard Group reports beneficial ownership of 0 shares (0%) of common stock following an internal realignment. The filing states that, in accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries and business divisions will report beneficial ownership separately after the realignment on January 12, 2026. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
FLUHLER STEPHAN reported acquisition or exercise transactions in this Form 4 filing.
First Merchants Corp reported a compensation-related insider transaction by Chief Information Officer and Senior Vice President Stephan Fluhler. He received a grant of 217.383 shares of phantom stock, each economically equivalent to one share of FRME common stock.
After this award, Fluhler holds a total of 1,557.379 phantom stock units. According to the terms, these phantom shares will be settled in either cash or FRME common stock, at his election, when he separates from First Merchants. This is a derivative award, not an open-market stock purchase or sale.
HARDWICK MARK K reported acquisition or exercise transactions in this Form 4 filing.
FIRST MERCHANTS CORP Chief Executive Officer Mark K. Hardwick received a grant of 33.434 shares of phantom stock on March 23, 2026. Each phantom stock unit is economically equivalent to one share of FRME common stock and will be settled in cash or FRME shares, at his election, upon separation from First Merchants. Following this compensation award, his phantom stock balance increased to 3,323.914 units.
First Merchants Corp director and First Vice President Larry W. Myers sold 5,000 shares of common stock at $41.50 per share in an open-market transaction. After this sale, he directly holds 109,491 shares, with additional indirect holdings in a Spousal IRA and a 401k plan.
First Merchants Corporation reports proposed sale of vested restricted common stock. The filing lists 15,300 shares from a grant dated 12/31/2017 and 9,700 shares from a grant dated 06/16/2019
First Merchants Corporation reports solid balance sheet growth and a sizeable acquisition in its latest annual filing. As of December 31, 2025, the bank held $19.0 billion in assets, $15.3 billion in deposits and $2.5 billion in stockholders’ equity, supported by strong Basel III capital ratios, including a CET1 ratio of 11.70% and total risk‑based capital of 13.41%, well above regulatory minimums.
Net interest income on a fully tax‑equivalent basis was $560.7 million, producing a net interest margin of 3.25% in 2025, slightly higher than 2024. Loans totaled $13.8 billion, led by commercial and industrial credits and commercial real estate, with diversified consumer and residential exposure.
Credit quality remains manageable: nonperforming assets were $72.4 million, and net charge‑offs were $18.4 million, or 0.14% of average loans. The allowance for credit losses on loans stood at $195.6 million. On February 1, 2026, First Merchants completed the acquisition of First Savings Financial Group, adding approximately $2.4 billion in assets, $1.9 billion in loans and $1.7 billion in deposits to expand its Indiana footprint.
FIRST MERCHANTS CORP director and First Vice President Larry W. Myers filed an initial ownership report on Form 3. He reported direct ownership of 114,491 shares of common stock, plus indirect holdings of 181,728 shares through a 401k and 71,983 shares through a spousal IRA.
First Merchants Corp’s Chief Risk Officer Eva D. Scurlock reported multiple stock option exercises on February 12, 2026. She exercised employee stock options covering 4,762, 681, and 5,986 shares of common stock at exercise prices of $26.04 and $21.79.
Corresponding entries show acquisitions of the same numbers of First Merchants common shares, and a separate transaction where 3,810 shares were disposed of at $41.64 in a tax-withholding transaction. After these moves, she directly held 27,682.128 common shares, including 9,842.109 shares from restricted stock awards.
First Merchants Corp executive Stephan Fluhler reported an open-market sale of company stock. On 02/11/2026, he sold 4,161 shares of First Merchants common stock at a price of $41.96 per share. After the sale, he directly beneficially owned 21,999.805 shares, which include restricted stock awards totaling 15,879.362 shares, and indirectly held 3,642.059 shares through a 401(k) plan.
First Merchants Corp’s Chief Commercial Officer, Joseph C. Peterson, reported a transaction in the company’s common stock. On 02/08/2026, 1,789 shares were disposed of in a transaction coded “F” at a price of $42.34 per share.
After this transaction, Peterson beneficially owned 38,025.267 shares of First Merchants common stock, held directly. This total includes 19,889.125 shares of restricted stock awards, as noted in the footnote to the filing.