Form 4: First Merchants Corp Director Acquires Shares
SEC Form 4 Filing
Director Clark C Kellogg acquired 560 shares of First Merchants Corp common stock at $40.44 per share on March 31, 2025.
Summary
- On March 31, 2025, Clark C Kellogg, a director of First Merchants Corp, acquired 560 shares of common stock at a price of $40.44 per share.
- Following this transaction, Kellogg directly owns 12,662.442 shares of First Merchants Corp.
- Kellogg also has indirect ownership through the Rosella Kellogg Revocable Trust (409 shares) and a 401(k) Plan (1,083.79 shares).
- The reported holdings include 7,423 shares from Restricted Stock Awards.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's share purchase, which could be interpreted as a positive signal, but without further context, it's difficult to gauge the overall impact.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. It is difficult to assess the broader industry context without additional information.
Stakeholder Impact
- The director's purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Clark C Kellogg acquired shares of First Merchants Corp. |
| 04/02/2025 | Date of signature on the report. |
Keywords
Form 4, Director, Share Acquisition, Common Stock, First Merchants Corp, FRME, Kellogg
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