Form 4: First Merchants Executive Receives Stock Grant
Insider Transaction (Form 4)
Joseph C Peterson, Chief Commercial Officer of First Merchants Corp, reported multiple transactions in common stock on August 2, 2026.
Summary
- Tax/exercise-price withholding: disposed of 919 Common Stock at $43.14 ($39,646) on August 2, 2026; holds 37,482 after (Direct).
- Grant/award: acquired 8,000 Common Stock at $43.63 ($349,040) on August 3, 2026; holds 45,482 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
Joseph C Peterson — Officer (Chief Commercial Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-02 | Tax/exercise-price withholding | Common Stock | 919 | $43 | $39.6K | 37,482.38 |
| 2026-08-03 | Grant/award | Common Stock | 8,000 | $44 | $349.0K | 45,482.38 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-02 | Tax/exercise-price withholding (919 shares) |
| 2026-08-03 | Grant/award (8,000 shares) |
Keywords
insider transaction, Form 4, FRME, FIRST MERCHANTS CORP, neutral, Joseph C Peterson
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