Form 4: First Merchants Corp: Officer Stephan Fluher Reports Stock Disposal
SEC Form 4 Filing
Stephan Fluher, Chief Information Officer and Senior Vice President of First Merchants Corp, reported disposing of 915 shares of common stock on August 10, 2024, for tax purposes.
Summary
- On August 10, 2024, Stephan Fluher, the Chief Information Officer and Senior Vice President of First Merchants Corp, disposed of 915 shares of common stock.
- The transaction was related to tax obligations, with the shares being disposed of at a price of $35.7 per share.
- Following the transaction, Fluher directly owns 28,583.323 shares of common stock and indirectly owns 3,186.118 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock transaction. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small disposal of shares by an individual officer.
Key Dates
| Date | Description |
|---|---|
| 08/10/2024 | Date of stock disposal transaction |
| 08/13/2024 | Date of signature on the report |
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