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FRME · First Merchants Corp
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FRME First Merchants (FRME) Insider Trading, Ownership & Congress Trades

Banks · National commercial banks · CIK 0000712534
Quote by TradingView
Form 144 · 1
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
163
13F, latest reported quarter

What the filings say about FRME

Insiders, 180 days
-$1.0M net sold
2 sellers · 0% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$176.3K
1 notice

First Merchants insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, FIRST MERCHANTS CORP insiders sold a net $1.0M of stock across 40 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.

Insider
Filed
Shares
Value
Since filing
FLUHLER STEPHAN
Chief Information Officer
SELL
2026-08-21 SECtraded 2026-08-19
4,080
$176.3K
-1.1%
Context
  • 5 earlier Form 4 trades (code P or S) here by this insider (5 sales), the last on Feb 11, 2026.
  • The trade is 18.8% of the 21,693 shares held after it.
  • No other insider sold within 30 days.
  • 163 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Information Officer FLUHLER STEPHAN sold about $176.3K of FRME on Aug 19, 2026; 163 funds added in the latest 13F quarter.
Myers Larry W
Director
SELL
2026-06-15 SECtraded 2026-06-12
10,000
$420.0K
-0.4%
Context
  • 3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on Jun 11, 2026.
  • The trade is 11.1% of the 89,751 shares held after it.
  • No other insider sold within 30 days.
  • 163 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Myers Larry W sold about $420.0K of FRME on Jun 12, 2026, the largest insider sale at the company since 2024; 163 funds added in the latest 13F quarter.
Myers Larry W
Director
SELL
2026-06-15 SECtraded 2026-06-11
10,000
$415.0K
-0.4%
Context
  • 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on May 5, 2026.
  • The trade is 10.0% of the 99,751 shares held after it.
  • No other insider sold within 30 days.
  • 163 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Myers Larry W sold about $415.0K of FRME on Jun 11, 2026, the largest insider sale at the company since 2024; 163 funds added in the latest 13F quarter.
Myers Larry W
First Vice President
SELL
2026-05-22 SECtraded 2026-05-05
0.41
$17
+1.2%
Context
  • 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Feb 26, 2026.
  • The trade is 0.0% of the 109,751 shares held after it.
  • No other insider sold within 30 days.
  • 163 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: First Vice President Myers Larry W sold about $17 of FRME on May 5, 2026; 163 funds added in the latest 13F quarter.
Myers Larry W
First Vice President
SELL
2026-05-18 SECtraded 2026-02-26
5,000
$207.5K
+4.7%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 4.6% of the 109,491 shares held after it.
  • 2 other insiders sold within 30 days.
  • 163 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: First Vice President Myers Larry W sold about $207.5K of FRME on Feb 26, 2026, the largest insider sale at the company since 2024; 2 other insiders sold within 30 days and 163 funds added in the latest 13F quarter.
40 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
See all insider buying · insider selling
Showing the latest few. to see 35 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$1.0M over 180 days
-$176.3K over 90 days
below 73% of Banks
Congress
no House purchase disclosed in the last 12 months
Funds
163 funds bought in last quarter
more than 71% of Banks
Revenue
no revenue reported in any filing
Margin
no margin: no revenue reported
Buybacks
$24.9M repurchased, FY to 2026-03-31
more than 67% of Banks
Short interest
4.0% of the float short (float per yahoo 2026-10-26) · 4.2 days to cover · settled 2026-09-30
more than 65% of Banks
What changed in the last 30 days
Nothing new filed in the last 30 days

Watch FRME

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+16.1%12M
-4%+7%+17%+28%2025-102025-122026-022026-042026-062026-082026-10 2026-06-12 · Myers Larry W sold $420.0K2026-06-11 · Myers Larry W sold $415.0K2026-02-26 · Myers Larry W sold $207.5K2025-11-04 · FLUHLER STEPHAN sold $202.2K2026-08-19 · FLUHLER STEPHAN sold $176.3K2026-02-11 · FLUHLER STEPHAN sold $174.6K2026-02-06 · Scurlock Eva D. sold $136.5K2026-05-05 · Myers Larry W sold $172026-08-19 · Stephan H. Fluhler filed to sell $176.3K
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns FRME: institutional holders (13F)

13F holdings, latest reported quarter
BlackRock, Inc.
5,324,728 sh
$232.6M
DIMENSIONAL FUND ADVISORS LP
3,689,776 sh
$161.2M
VANGUARD PORTFOLIO MANAGEMENT LLC
3,402,832 sh
$148.7M
VANGUARD CAPITAL MANAGEMENT LLC
2,720,680 sh
$118.9M
STATE STREET CORP
2,551,308 sh
$111.5M

Congress trades in FRME

No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

FRME planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
Stephan H. Fluhler
Filed 2026-08-19
$176.3K

FRME mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
Paradigm Value Fund
$1.2M position · as of 2026-06-30
2.2%
Nuveen Small Cap Value Fund
$5.4M position · as of 2026-07-31
1.9%
Harbor Small Cap Value Fund
$43.7M position · as of 2026-07-31
1.7%
RMB Mendon Financial Services Fund
$3.3M position · as of 2026-06-30
1.3%
Nuveen Small Cap Select Fund
$5.1M position · as of 2026-07-31
1.3%
VictoryShares US Small Cap High Div Volatility Wtd ETF
$3.1M position · as of 2026-06-30
1.2%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Executive pay vs shareholder return · Mark K. Hardwick
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$2.4M
$2.3M
$1.3M
+19%
+53%
2024
$2.1M
$2.2M
$1.2M
+14%
+30%
2023
$1.8M
$1.7M
$970.1K
+2%
+16%
2022
$1.9M
$1.8M
$1.0M
+8%
+16%
2021
$1.5M
$1.6M
$1.1M
+7%
+25%
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $1.0M sold by insiders over 180 days, 163 funds added last quarter, $176.3K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Backtest this pattern Open the screener
Same sector, ranked by filing activity
Sector by SEC SIC code
UMBFBWFGPBPEBOFMBMGABCNEWTPCBDCOMISBAWSBFJMSB

FRME financials

Complaints, 90 days
4
- YoY · CFPB
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
n/a
fewer than four consecutive quarters of revenue filed
Net margin, TTM
n/a
needs four consecutive quarters of both revenue and net income
Free cash flow, TTM
n/a
capex not filed for the four quarters
Debt to equity
n/a
no debt line filed
Cash flow to debt
n/a
no debt line filed
Return on equity
+7.9%
TTM net income over average of 2025-03-31 and 2026-03-31
Return on assets
+1.0%
TTM net income over average of 2025-03-31 and 2026-03-31
Return on invested capital
n/a
fewer than four consecutive quarters of operating income
Return on capital employed
n/a
fewer than four consecutive quarters of operating income
P/E, trailing
12.12x
close 2026-10-26 over four quarters of diluted EPS, 2025-04-01 to 2026-03-31
Enterprise value
n/a
no debt line filed
FCF yield
n/a
capex not filed for the four quarters
PEG, trailing
n/a
trailing EPS growth -5%, PEG needs growth
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Net income$226.0M$201.4M$223.8M$222.1M
EPS (diluted)3.883.413.733.81
Operating cash flow$283.6M$266.2M$258.8M$284.3M
Buybacks$46.9M$56.2M$0$0
Dividends paid$82.9M$81.6M$80.1M$72.7M
SEC XBRL, fiscal years, as known on 2026-10-28

FRME Stock Sonar score 4/7 axes

Find similar shapesCompare

FRME ranks highest on institutional and government (71st percentile) and risk and compliance (41st), and lowest on insider conviction (14th), among Banks peers.

Profitability
35
Inputs
  • Return on equity+7.9% · 29 pct, sector of 327
  • Return on assets+1.0% · 41 pct, sector of 334
  • Return on invested capitalfewer than four consecutive quarters of operating income
  • Return on capital employedfewer than four consecutive quarters of operating income
Insider conviction
14
Inputs
  • Net Form 4 buying (codes P and S), 180d-$1.0M · 27 pct, sector of 274
  • Insider buyers, 180d0 · 0 pct, sector of 274
Institutional and government
71
Inputs
  • Funds adding, latest quarter163 · 71 pct, sector of 257
  • Congress net buyers, 365dno Congress trades in 365 days
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
41
Inputs
  • Short interest, % of float+4.0% · 41 pct, sector of 378
  • Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
  • EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
  • New text in Risk Factors, latest 10-Kneeds two 10-Ks with a Risk Factors section (not 20-F filers or stubs)
3 not measured: Financial health, Growth, US patents
  • Financial health needs 1 of 2 inputs, 0 present: no debt line filed
  • Growth needs 1 of 2 inputs, 0 present: no backlog line filed, or no year-earlier backlog; no revenue for this year and the year before
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

FRME filings, in plain words

Are First Merchants insiders buying or selling FRME?

In the 180 days to 2026-10-28, First Merchants insiders were net sellers, a net $1.0M across purchases and sales reported on Form 4, by 2 sellers.

Are there planned insider sales of FRME?

Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-28, covering $176.3K of stock; the latest, by Stephan H. Fluhler, was filed 2026-08-19.

Read the full summary

In the 180 days to 2026-10-28, First Merchants insiders were net sellers of FRME, a net $1.0M across purchases and sales reported on Form 4 by 2 sellers. None of the 4 insider sales was flagged as made under a Rule 10b5-1 plan. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-28, covering $176.3K of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.

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