Myers Larry W 4

What Happened
Larry W. Myers, First Vice President and a director of First Merchants Corp (FRME), sold 5,000 shares on February 26, 2026. The shares were sold at $41.50 each, producing proceeds of $207,500. This was an outright sale (transaction code S), which is commonly a routine disposition rather than a direct bullish signal.

Key Details

• Transaction date: 2026-02-26
• Transaction type: Sale (S) — open-market or private sale reported
• Quantity and price: 5,000 shares at $41.50 per share — $207,500 total proceeds
• Shares owned after transaction: Not disclosed in the provided filing details
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes indicated in the provided summary
• Filing timeliness: Form 4 filed on 2026-02-26 (period of report 2026-02-26); no late filing flag reported

Context
Sales by officers or directors can reflect many reasons (diversification, personal liquidity, planned disposals) and are not, by themselves, a clear indicator of company prospects. Purchases generally carry more weight for signaling insider confidence; this single sale for $207.5K should be viewed in the broader context of other insider activity and company fundamentals.