Form 4: First Merchants Corp Director Kevin D. Johnson Acquires 657 Shares
SEC Form 4 Filing
Director Kevin D. Johnson of First Merchants Corp acquired 657 shares of common stock at $33.29 per share on June 30, 2024.
Summary
- On June 30, 2024, Kevin D. Johnson, a director of First Merchants Corp, acquired 657 shares of common stock.
- The acquisition price was $33.29 per share.
- Following the transaction, Johnson directly owns 4,996 shares, including restricted stock awards.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of a director's stock purchase. The purchase itself could be interpreted as slightly positive, but the document is primarily informational.
Positives
- The director's purchase could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. This Form 4 filing is a routine disclosure required by the SEC.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Kevin D. Johnson acquired 657 shares of First Merchants Corp common stock. |
| 06/30/2024 | Date of signature: Jacob Burkett signed the document on behalf of Kevin D. Johnson. |
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