← United States · Coverage record
US · SEC FORM 4
FIRST MERCHANTS CORP
FRME · Nasdaq · CIK 0000712534 · Financial Services · Banks—Regional
INSIDER SIGNAL
0 qualifying P purchase groups
in the current 180-day scoring window
45 Form 4 transaction lines observed in the same window
4 sales · 41 option, withholding, award, gift or other lines
WHY NO ACTIVE SIGNAL?
Score anatomy
No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.
Why is there no score?
- No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
- Sales and other Form 4 activity remain visible as context and do not create a negative score.
Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
Showing the six most active owners; 14 additional owner(s) remain in Form 4 evidence.
Purchase breadth, concentration & cluster buying
These modules activate when qualifying purchases enter the 180-day research window.
SIGNAL HISTORY
Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2024-12-30 · Halderman Howard.
Recent Form 4 activity
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.
Price performance
- 1M
- -3.3%
- 3M
- -9.0%
- 6M
- +0.5%
- 12M
- —
Volatility & liquidity
- Volatility
- 23.1%
- Beta
- —
- Avg daily value
- —
Valuation
- Market cap
- —
- P/E
- —
Fundamentals
- Profit margin
- —
- ROE
- 9.2%
- Industry
- Banks—Regional
Market data
Price data up to: 2026-10-01 · Price source: OpenBB/yfinance · From SEC filings: ROE · Fiscal year ended: 2025-12-31 · Status: PASS
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 2,419,335
- Previous report
- 2,369,830
- Avg daily volume
- 583,580
- Days to cover
- 4.2
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2024-12-30 | Halderman Howard | Purchase (P) | Common Stock | 4 | USD 41.24 | USD 165 | SEC filing ↗ |
| 2024-03-29 | Stewart Michael J | Purchase (P) | Common Stock | 36 | USD 29.67 | USD 1,068 | SEC filing ↗ |
| 2023-12-18 | FISHER MICHAEL J | Purchase (P) | Common Stock | 1,380 | USD 36.38 | USD 50,204 | SEC filing ↗ |
| 2023-12-18 | FISHER MICHAEL J | Purchase (P) | Common Stock | 1,380 | USD 36.38 | USD 50,204 | SEC filing ↗ |
| 2023-07-28 | Sondhi Jason R | Purchase (P) | Common Stock | 458 | USD 32.16 | USD 14,728 | SEC filing ↗ |
| 2023-05-12 | KELLOGG CLARK C | Purchase (P) | Common Stock | 1,000 | USD 24.72 | USD 24,720 | SEC filing ↗ |
| 2022-05-02 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 40.19 | USD 500 | SEC filing ↗ |
| 2022-04-01 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 41.97 | USD 500 | SEC filing ↗ |
| 2022-03-01 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 43.10 | USD 500 | SEC filing ↗ |
| 2022-02-01 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 42.73 | USD 500 | SEC filing ↗ |
| 2022-01-03 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 41.94 | USD 500 | SEC filing ↗ |
| 2021-12-01 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 40.65 | USD 500 | SEC filing ↗ |
| 2021-11-01 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 42.07 | USD 500 | SEC filing ↗ |
| 2021-10-01 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 42.13 | USD 500 | SEC filing ↗ |
| 2021-09-01 | Sherman Patrick A | Purchase (P) | Common Stock | 12 | USD 41.17 | USD 500 | SEC filing ↗ |
Form 4 evidence
71 transaction lines in the latest 365-day window; 623 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-30 | WOJTOWICZ JEAN L | Award / grant (A) | Common Stock | 785 | USD 39.78 | USD 31,227 | SEC filing ↗ |
| 2026-09-30 | Sondhi Jason R | Award / grant (A) | Common | 589 | USD 39.78 | USD 23,430 | SEC filing ↗ |
| 2026-09-30 | RECHIN MICHAEL C | Award / grant (A) | Common Stock | 608 | USD 39.78 | USD 24,186 | SEC filing ↗ |
Show recent Form 4 evidence (30 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-30 | WOJTOWICZ JEAN L | Award / grant (A) | Common Stock | 785 | USD 39.78 | USD 31,227 | SEC filing ↗ |
| 2026-09-30 | Sondhi Jason R | Award / grant (A) | Common | 589 | USD 39.78 | USD 23,430 | SEC filing ↗ |
| 2026-09-30 | RECHIN MICHAEL C | Award / grant (A) | Common Stock | 608 | USD 39.78 | USD 24,186 | SEC filing ↗ |
| 2026-09-30 | Myers Larry W | Award / grant (A) | Common Stock | 569 | USD 39.78 | USD 22,635 | SEC filing ↗ |
| 2026-09-30 | KELLOGG CLARK C | Award / grant (A) | Common Stock | 569 | USD 39.78 | USD 22,635 | SEC filing ↗ |
| 2026-09-30 | Johnson Kevin D | Award / grant (A) | Common | 549 | USD 39.78 | USD 21,839 | SEC filing ↗ |
| 2026-09-30 | Halderman Howard | Award / grant (A) | Common Stock | 589 | USD 39.78 | USD 23,430 | SEC filing ↗ |
| 2026-09-30 | Fultz Paul G | Award / grant (A) | Common Stock | 569 | USD 39.78 | USD 22,635 | SEC filing ↗ |
| 2026-09-30 | FISHER MICHAEL J | Award / grant (A) | Common Stock | 549 | USD 39.78 | USD 21,839 | SEC filing ↗ |
| 2026-09-30 | Brooks Susan W | Award / grant (A) | Common | 569 | USD 39.78 | USD 22,635 | SEC filing ↗ |
| 2026-09-30 | Becher Michael R | Award / grant (A) | Common Stock | 608 | USD 39.78 | USD 24,186 | SEC filing ↗ |
| 2026-08-19 | FLUHLER STEPHAN | Sale (S) | Common Stock | 4,080 | USD 43.20 | USD 176,256 | SEC filing ↗ |
| 2026-08-03 | Scurlock Eva D. | Award / grant (A) | Common Stock | 4,000 | USD 43.63 | USD 174,520 | SEC filing ↗ |
| 2026-08-03 | Stewart Michael J | Award / grant (A) | Common Stock | 16,000 | USD 43.63 | USD 698,080 | SEC filing ↗ |
| 2026-08-03 | Scurlock Eva D. | Award / grant (A) | Common Stock | 700 | USD 43.63 | USD 30,541 | SEC filing ↗ |
| 2026-08-03 | Peterson Joseph C | Award / grant (A) | Common Stock | 8,000 | USD 43.63 | USD 349,040 | SEC filing ↗ |
| 2026-08-03 | MARTIN JOHN | Award / grant (A) | Common Stock | 8,000 | USD 43.63 | USD 349,040 | SEC filing ↗ |
| 2026-08-03 | Kawiecki Michele | Award / grant (A) | Common Stock | 13,000 | USD 43.63 | USD 567,190 | SEC filing ↗ |
| 2026-08-03 | Harris Steven C | Award / grant (A) | Common | 3,000 | USD 43.63 | USD 130,890 | SEC filing ↗ |
| 2026-08-03 | HARDWICK MARK K | Award / grant (A) | Common Stock | 21,000 | USD 43.63 | USD 916,230 | SEC filing ↗ |
| 2026-08-03 | FLUHLER STEPHAN | Award / grant (A) | Common Stock | 5,000 | USD 43.63 | USD 218,150 | SEC filing ↗ |
| 2026-08-02 | Scurlock Eva D. | Tax withholding (F) | Common Stock | 224 | USD 43.14 | USD 9,663 | SEC filing ↗ |
| 2026-08-02 | Stewart Michael J | Tax withholding (F) | Common Stock | 6,059 | USD 43.14 | USD 261,385 | SEC filing ↗ |
| 2026-08-02 | Scurlock Eva D. | Tax withholding (F) | Common Stock | 224 | USD 43.14 | USD 9,663 | SEC filing ↗ |
| 2026-08-02 | Peterson Joseph C | Tax withholding (F) | Common Stock | 919 | USD 43.14 | USD 39,646 | SEC filing ↗ |
| 2026-08-02 | MARTIN JOHN | Tax withholding (F) | Common Stock | 1,761 | USD 43.14 | USD 75,970 | SEC filing ↗ |
| 2026-08-02 | Kawiecki Michele | Tax withholding (F) | Common Stock | 2,910 | USD 43.14 | USD 125,537 | SEC filing ↗ |
| 2026-08-02 | Harris Steven C | Tax withholding (F) | Common | 612 | USD 43.14 | USD 26,402 | SEC filing ↗ |
| 2026-08-02 | HARDWICK MARK K | Tax withholding (F) | Common Stock | 5,821 | USD 43.14 | USD 251,118 | SEC filing ↗ |
| 2026-08-02 | FLUHLER STEPHAN | Tax withholding (F) | Common Stock | 1,532 | USD 43.14 | USD 66,090 | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | FRME |
| CIK | 0000712534 |
| Sector | Financial Services |
| Industry | Banks—Regional Yahoo Finance |
| SEC SIC | 6021 National Commercial Banks |
| Exchange | Nasdaq |
Data coverage
| Local Form 4 history | 623 transaction lines from 2020-01-02 to 2026-09-30 45 P purchase lines · 31 S sale lines · 547 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.