First Merchants Corp: director Michael C Rechin received 608 shares

What happened Michael C Rechin, a director, received 608 shares as a grant/award (transaction code A) at $39.78 per share, for a total reported value of $24,186.

Key details

• Transaction date and price: Sep 30, 2026; 608 shares acquired at $39.78 per share.
• Shares owned after the transaction: not stated in the material provided.
• Footnote: filing includes Restricted Stock Awards totaling 7,550 shares (footnote F1).
• Filing timeliness: no late filing flag indicated in the provided record.

Why it may matter

• This transaction was an award/grant (restricted stock award), not a market purchase or sale.
• The filing does not show why the insider traded or why the company acted.