4/A: First Merchants Corp CEO Mark Hardwick Amends SEC Filing to Include 401(k) Sale

First Merchants Corp CEO Mark Hardwick amended a previous SEC filing to include a 401(k) sale of shares on November 14, 2024.

Summary

• This document is an amended SEC Form 4 filing by Mark K. Hardwick, CEO of First Merchants Corp.
• The amendment includes a transaction that was not in the original filing on November 15, 2024.
• The filing details the sale of 1,618.461 shares of common stock at a price of $49.11 on November 14, 2024, held indirectly through a 401(k) plan.
• It also includes a grant of 4,684 shares of common stock on November 13, 2024, at a price of $0.
• Following these transactions, Mr. Hardwick beneficially owns 105,986.54 shares directly and 16,130.638 shares indirectly through a 401(k) plan and a spouse's IRA.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing insider transactions. It does not indicate any positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for all publicly traded companies in the United States.
• The level of detail provided in this filing is consistent with other similar filings by executives at comparable financial institutions.
• The transactions reported are typical for executives managing their personal investments and retirement accounts.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CEO's transactions.
• The transactions are not expected to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

SEC Filing, Form 4, Beneficial Ownership, First Merchants Corp, FRME, Mark Hardwick, Stock Sale, 401(k), Insider Trading