Transaction #23839 · Form 4 · 0001170817-25-000011
FIRST MERCHANTS CORP · Stock award · Phantom Stock
FIRST MERCHANTS CORP · Transacted December 19, 2025 · Filed December 22, 2025
What does this filing report?
An SEC Form 4 filing for FIRST MERCHANTS CORP records a stock award involving Phantom Stock on December 19, 2025. The reported quantity was 5.919. The filing date is December 22, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- FIRST MERCHANTS CORP
- Company CIK
- 0000712534
- Security type
- Derivative
- Acquisition type
- Stock award · Code A
- Quantity acquired
- 5.919
- Reported price
- 38.08
- Reference value
- 225.39552
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 3,266.25
- Ownership description
- Not reported
- SEC acceptance time
- Dec 22, 2025, 4:42 PM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- HARDWICK MARK K ↗
Chief Executive Officer · Director
CIK 0001170817
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Derivative terms
- Underlying security
- Common Stock
- Underlying quantity
- 5.919
- Conversion / exercise price
- Not reported
- Exercise date
- Not reported
- Expiration date
- Not reported
Filing footnotes & remarks
- F1
- Includes Restricted Stock Awards totaling 64,490.117 shares.
- F2
- Each share of phantom stock is the economic equivalent of one share of FRME common stock. The shares of phantom stock will be settled in cash or shares of FRME common stock, at the reporting person's election, upon separation from First Merchants.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.