4/A: First Merchants Corp Director Clark C. Kellogg Amends SEC Filing to Include Indirect Holdings and Dividend Reinvestments

Director Clark C. Kellogg amended a previous SEC filing to include indirect holdings in a 401(k) plan and dividend reinvested shares of First Merchants Corp.

Summary

• Clark C. Kellogg, a director of First Merchants Corp (FRME), filed an amendment to a Form 4 detailing changes in beneficial ownership.
• The amendment, filed on March 14, 2024, updates a previous filing from January 3, 2024.
• The changes include the addition of indirect holdings through a 401(k) plan and dividend reinvested shares.
• On December 31, 2023, Kellogg acquired 611 shares of common stock at a price of $37.08 per share through dividend reinvestment.
• Following the reported transaction, Kellogg directly owns 9,826.562 shares of common stock, which includes 6,463 shares of restricted stock awards.
• Kellogg also indirectly owns 1,033.54 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, indicating neutral sentiment. It simply reports transactions and holdings.

Industry Context

This filing is a routine disclosure related to insider trading and beneficial ownership, which is common for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Key Dates