4/A: First Merchants Corp Executive Stephan Fluher Amends SEC Filing to Include Dividend Reinvested Shares

Stephan Fluher, Chief Information Officer and Senior Vice President at First Merchants Corp, amended a previous SEC filing to include dividend reinvested shares.

Summary

• Stephan Fluher, a Chief Information Officer and Senior Vice President at First Merchants Corp (FRME), filed an amended Form 4 with the SEC.
• The amendment, dated March 14, 2024, revises a previous filing from February 29, 2024.
• The filing reports a transaction on February 28, 2024, where Fluher acquired 3,192.999 shares of Common Stock at a price of $33.17 per share.
• This acquisition was through dividend reinvestment.
• Following the reported transaction, Fluher directly owns 24,107.911 shares of Common Stock and indirectly owns 2,999.547 shares through a 401(k) plan.
• The filing also notes that the reported holdings include 18,140.205 shares from Restricted Stock Awards.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing insider transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates