Form 4: First Merchants Corp CEO Mark Hardwick Reports Stock Transactions

First Merchants Corp CEO Mark Hardwick reported the acquisition of 1,171 shares of common stock and adjustments to his holdings through a gift and indirect holdings.

Summary

• Mark Hardwick, the CEO of First Merchants Corp, reported a transaction involving the company's common stock on November 19, 2024.
• He acquired 1,171 shares of common stock through a gift, with a value of $0 per share.
• Following this transaction, Mr. Hardwick directly owns 104,815.54 shares of common stock, which includes 57,582.869 restricted stock awards.
• He also has indirect ownership of 446 shares through a spouse's IRA and 17,749.099 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC.
• The reported transactions are typical for executives who receive stock-based compensation and manage personal investment accounts.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the CEO's stock transactions.

Key Dates

Keywords

Form 4, insider trading, stock transaction, beneficial ownership, First Merchants Corp, FRME, Mark Hardwick, CEO