4/A: First Merchants Corp Director Lehman Amends Filing to Include Dividend Reinvested Shares

Sentiment:

SEC Filing


Gary Lehman, a director at First Merchants Corp, amended a previous SEC Form 4 filing to include dividend reinvested shares, reporting a transaction on December 31, 2023.

Summary

  • Gary Lehman, a director of First Merchants Corp, filed an amended SEC Form 4 to report changes in beneficial ownership of the company's stock.
  • The amendment, dated March 14, 2024, updates a previous filing from January 3, 2024.
  • The reported transaction occurred on December 31, 2023, involving the acquisition of 589 shares of common stock at a price of $37.08 per share through dividend reinvestment.
  • Following the transaction, Lehman directly owns 48,024.59 shares of First Merchants Corp common stock, which includes 6,322 shares from Restricted Stock Awards.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it's a routine filing to correct a previous omission. It doesn't indicate any significant positive or negative development for the company.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Key Dates

DateDescription
12/31/2023Date of the stock transaction (dividend reinvestment).
01/03/2024Date of original filing.
03/14/2024Date of amended filing.

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