Form 4: First Merchants CFO Gifts Shares

First Merchants Corp. Chief Financial Officer Michele Kawiecki reported a gift of 910 shares of common stock on December 22, 2025.

Summary

• Michele Kawiecki, Chief Financial Officer and Executive Vice President of First Merchants Corp. (FRME), reported a disposition of common stock.
• On December 22, 2025, Kawiecki gifted 910 shares of FRME common stock.
• The transaction code 'G' indicates a gift, with a price of $0 per share.
• Following this transaction, Kawiecki directly owns 63,003.444 shares, which includes 43,387 Restricted Stock Awards.
• Additionally, Kawiecki indirectly owns 2,008.113 shares through a 401(k) Plan.

Sentiment

Score: 5

Explanation: A neutral event. While it reduces direct ownership, it's a gift, not a sale, and doesn't reflect negatively on company performance or the executive's confidence in the company.

Positives

• The gift transaction indicates a philanthropic action by the executive.

Negatives

• The direct beneficial ownership of the executive decreased by 910 shares.

Industry Context

This is an individual insider transaction and does not directly relate to broader industry trends or competitors, other than being a routine disclosure for a public company executive.

Stakeholder Impact

• Minimal impact on shareholders, employees, customers, suppliers, or creditors due to the small number of shares relative to the company's total outstanding shares.

Key Dates

Keywords

First Merchants Corp, FRME, Michele Kawiecki, Form 4, insider transaction, common stock, gift, beneficial ownership, CFO, executive vice president