4/A: First Merchants Corp Director Amends Filing to Include Indirect 401(k) Holdings

Clark C. Kellogg, a director at First Merchants Corp, amended a previous SEC filing to include indirect holdings through a 401(k) plan.

Summary

• Clark C. Kellogg, a director of First Merchants Corp, filed an amended Form 4 with the SEC.
• The amendment, dated February 28, 2024, updates a previous filing from January 3, 2024.
• The filing reports a transaction on December 31, 2023, where Mr. Kellogg acquired 611 shares of common stock at $37.08 per share.
• Following the transaction, Mr. Kellogg directly owns 9,804.6 shares of common stock, including 6,463 shares from Restricted Stock Awards.
• The amended filing also includes indirect ownership of 1,033.54 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The amendment to include 401k holdings is a neutral event.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates