Trade Summary

3 days ago, FLUHLER STEPHAN, serving as Chief Information Officer at FIRST MERCHANTS CORP (FRME), sold 4,080 shares at $43.20 per share, for a total transaction value of $176,256.00. Following this transaction, FLUHLER STEPHAN now holds 21,694 shares of FRME.

This sale represents a 15.83% decrease in FLUHLER STEPHAN's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, August 19, 2026 and publicly disclosed via SEC Form 4 filing on Friday, August 21, 2026 at 10:25 AM ET, 2 days after the trade was made.

FIRST MERCHANTS CORP operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.