Form 4: First Merchants Corp Director Kevin D. Johnson Reports Acquisition of 540 Shares
SEC Form 4 Filing
Director Kevin D. Johnson reported acquiring 540 shares of First Merchants Corp (FRME) at $40.44 on March 31, 2025, bringing his total holdings to 6,672 shares.
Summary
- On March 31, 2025, Kevin D. Johnson, a director of First Merchants Corp (FRME), acquired 540 shares of common stock at a price of $40.44 per share.
- The transaction increased Johnson's direct ownership to 6,672 shares, which includes restricted stock awards.
- The report was filed on April 2, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard insider transaction report. The purchase itself could be mildly 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
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Kevin D. Johnson acquired 540 shares of First Merchants Corp. |
| 04/02/2025 | Date of Form 4 filing. |
Keywords
Form 4, insider trading, beneficial ownership, FRME, First Merchants Corp, Kevin D. Johnson, director
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