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

Sentiment:

SEC Form 4/A (Amendment)


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

Summary

  • Clark C. Kellogg, a director at First Merchants Corp, filed an amended Form 4 with the SEC.
  • The amendment, dated March 14, 2024, updates a previous filing from October 3, 2023.
  • The changes include the addition of indirect holdings through a 401(k) plan and dividend reinvested shares from September 15, 2023.
  • On September 30, 2023, Kellogg acquired 814 shares of common stock at a price of $27.82 per share.
  • Following the reported transaction, Kellogg directly owns 9,192.614 shares of common stock, which includes 6,248 shares from Restricted Stock Awards.
  • Kellogg also indirectly owns 1,024.034 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, indicating neutral sentiment. It simply reports changes in beneficial ownership.

Industry Context

This filing is a routine disclosure related to insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the director's holdings in the company.

Key Dates

DateDescription
09/15/2023Dividend reinvested shares date
09/30/2023Date of transaction: Acquisition of 814 shares at $27.82
10/03/2023Date of original filing
02/28/2024Amendment to include Indirect 401k holding
03/14/2024Date of amendment to include dividend reinvested shares

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.