4/A: First Merchants Corp Director Michael Fisher Amends Filing to Include Dividend Reinvested Shares
SEC Filing
Michael Fisher, a director at First Merchants Corp, amended a previous SEC filing to include dividend reinvested shares acquired on December 31, 2023.
Summary
- Michael Fisher, a director of First Merchants Corp, filed an amended Form 4 with the SEC.
- The amendment, dated March 14, 2024, updates a previous filing from January 3, 2024.
- The filing reports a transaction on December 31, 2023, where Fisher acquired 589 shares of common stock through dividend reinvestment at a price of $37.08 per share.
- Following the transaction, Fisher beneficially owns 12,753.642 shares of First Merchants Corp common stock, including 6,322 shares from Restricted Stock Awards.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a routine filing related to dividend reinvestment, indicating a stable investment.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/31/2023 | Date of transaction: Acquisition of common stock through dividend reinvestment. |
| 01/03/2024 | Date of original filing. |
| 03/14/2024 | Date of amended filing. |
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