WOJTOWICZ JEAN L 4

What Happened
Jean L. Wojtowicz, a director of First Merchants Corp (FRME), was granted 715 shares on 2026-06-30 at an implicit value of $43.69 per share, a total value of approximately $31,238. The transaction is reported on a Form 4 as an award/grant (transaction code "A") — an acquisition of shares rather than a sale.

Key Details

• Transaction date and price: 2026-06-30; 715 shares at $43.69 each (total ≈ $31,238).
• Filing date: Form 4 filed 2026-07-02 (two days after the transaction), which appears to be within the typical reporting window.
• Shares owned after transaction: Not specified in the provided excerpt; filing footnote states "Includes Restricted Stock Awards totaling 9,976 shares."
• Footnote: F1 indicates the filing includes restricted stock awards totaling 9,976 shares.
• Transaction type: "A" = Award/Grant (restricted stock award).

Context
Restricted stock awards are typically subject to vesting schedules and possible forfeiture until they vest, and may involve tax-withholding when they vest or are settled. This grant is an acquisition (not a sale), which investors often view as more informative than routine sales, but the filing does not explain vesting terms or the insider's intent — check company proxy statements or other filings for vesting details.