Form 4: First Merchants Director Receives Stock Grant
Insider Transaction (Form 4)
Michael C Rechin, a Director of First Merchants Corp, received 608 shares of common stock on September 30, 2026.
Summary
- Grant/award: acquired 608 Common Stock at $39.78 ($24,186) on September 30, 2026; holds 91,032 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Michael C Rechin — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-30 | Grant/award | Common Stock | 608 | $40 | $24.2K | 91,031.867 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-30 | Grant/award (608 shares) |
Keywords
insider transaction, Form 4, FRME, FIRST MERCHANTS CORP, neutral, Michael C Rechin
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