Form 4: First Merchants President Receives Stock Grant
Insider Transaction (Form 4)
Michael J Stewart, President of First Merchants Corp, reported multiple transactions in common stock on August 2, 2026.
Summary
- Tax/exercise-price withholding: disposed of 6,059 Common Stock at $43.14 ($261,385) on August 2, 2026; holds 99,834 after (Direct).
- Grant/award: acquired 16,000 Common Stock at $43.63 ($698,080) on August 3, 2026; holds 115,834 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 J Stewart — Officer (President)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-02 | Tax/exercise-price withholding | Common Stock | 6,059 | $43 | $261.4K | 99,833.864 |
| 2026-08-03 | Grant/award | Common Stock | 16,000 | $44 | $698.1K | 115,833.864 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-02 | Tax/exercise-price withholding (6,059 shares) |
| 2026-08-03 | Grant/award (16,000 shares) |
Keywords
insider transaction, Form 4, FRME, FIRST MERCHANTS CORP, neutral, Michael J Stewart
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