FRME · NASDAQ · Banks - Regional

First Merchants

Provides Midwestern commercial, consumer, mortgage, and private wealth banking through one charter.

$41.93
After-hours close−0.01 (−0.02%)
At close$41.94(+0.65%)

Breakdown13F · Form 4

Institutions 80.28%50.42M sharesInsiders 1.71%1.08M sharesOther 18.01%11.31M shares

Shares outstanding 62.80M · Float 61.65M · 98.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.5.32M8.48%13FAug 7, 2026
Dimensional Fund Advisors LP3.69M5.88%13FAug 11, 2026
Vanguard Portfolio Management LLC3.40M5.42%13FAug 13, 2026
Vanguard Capital Management LLC2.72M4.33%13FAug 13, 2026
State Street Corp2.55M4.06%13FAug 7, 2026

Institutions13F, as of Jun 30, 2026

309 holders · 50.42M shares · 35 new positions · 163 increased · 87 reduced · 27 closed

HolderShares% outstandingChg q/qFiled
BlackRock, Inc.5.32M8.48%+425.4KAug 7, 2026
Dimensional Fund Advisors LP3.69M5.88%+93.8KAug 11, 2026
Vanguard Portfolio Management LLC3.40M5.42%+43.8KAug 13, 2026
Vanguard Capital Management LLC2.72M4.33%−9.9KAug 13, 2026
State Street Corp2.55M4.06%+311.5KAug 7, 2026
Earnest Partners LLC2.17M3.46%−81.6KAug 13, 2026
Geode Capital Management, LLC1.67M2.66%+97.2KAug 12, 2026
Nuveen, LLC1.06M1.69%+15.6KAug 11, 2026

Beneficial owners13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
BlackRock, Inc.7.60%4.41M13GOct 17, 2025
Vanguard Portfolio Management5.37%3.41M13GApr 29, 2026
Vanguard Capital Management5.04%3.20M13GApr 29, 2026

InsidersForm 4

InsiderRoleShares% outstandingFiled
Larry W. Myersdirector242.5K0.39%Jul 2, 2026
Mark K. Hardwickdirector, officer: Chief Executive Officer148.8K0.24%Aug 4, 2026
Michael J. Stewartofficer: President115.8K0.18%Aug 4, 2026
Michael C. Rechindirector90.4K0.14%Jul 2, 2026
Michele Kawieckiofficer, other: Chief Financial Officer72.4K0.12%Aug 4, 2026
John Martinofficer, other: Chief Credit Officer71.5K0.11%Aug 4, 2026
Jean L. Wojtowiczdirector66.7K0.11%Jul 2, 2026
Gary Lehmandirector53.8K0.09%Apr 2, 2026
Joseph C. Petersonofficer: Chief Commercial Officer45.5K0.07%Aug 4, 2026
Eva D. Scurlockofficer: Chief Risk Officer31.5K0.05%Aug 12, 2026

1 ten-percent owner holds 17.7K shares by Form 4, outside the officers-and-directors figure above · 29 people have not refiled in the last 18 months (1.46M shares), so they are not in the figure above

Latest trades

DateInsiderTypeSharesAvg priceOwned after
Aug 19, 2026
Stephan Fluhlerofficer, other: Chief Information Officer
Sale4,080$43.2021,694
Jun 12, 2026
Larry W. Myersdirector
Sale10,000$42.0089,751
Jun 11, 2026
Larry W. Myersdirector
Sale10,000$41.5099,751
May 5, 2026
Larry W. Myersdirector, officer: First Vice President
Sale0$40.54109,751
Feb 26, 2026
Larry W. Myersdirector, officer: First Vice President
Sale5,000$41.50109,491
Feb 11, 2026
Stephan Fluhlerofficer, other: Chief Information Officer
Sale4,161$41.9622,000
Feb 6, 2026
Eva D. Scurlockofficer: Chief Risk Officer
Sale3,227$42.2920,063
Nov 4, 2025
Stephan Fluhlerofficer, other: Chief Information Officer
Sale5,689$35.5527,753

CongressHouse and Senate disclosures

Not reported.