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First Merchants director Myers sells $207,500 in FRME stock
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First Merchants director Myers sells $207,500 in FRME stock

#First Merchants #Larry Myers #Insider Trading #FRME Stock #Bank Holding Company #Dividend Yield #Q4 Earnings

📌 Key Takeaways

  • Larry Myers sold 5,000 shares at $41.50 each on February 26, 2026
  • Myers still owns 109,491 shares directly plus additional indirect holdings
  • First Merchants exceeded Q4 2025 earnings expectations with $0.98 EPS
  • The company declared a $0.36 quarterly dividend payable in March 2026

📖 Full Retelling

First Merchants Corp Director and First Vice President Larry W. Myers sold 5,000 shares of common stock on February 26, 2026, in a transaction valued at $207,500, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $41.50 each, reducing Myers' direct ownership in the company to 109,491 shares, though he maintains significant indirect holdings through a Spousal IRA and 401k retirement accounts. This insider sale occurred as First Merchants, a $2.34 billion bank holding company, reported strong fourth-quarter 2025 financial performance that exceeded analyst expectations, with earnings per reaching $0.98 versus the forecasted $0.95, and revenue of $178.36 million surpassing the anticipated $173.17 million. The company continues to demonstrate financial strength with a 3.51% dividend yield and a remarkable 14 consecutive years of dividend increases, having recently declared a quarterly cash dividend of $0.36 per common share payable to shareholders of record as of March 6, 2026.

🏷️ Themes

Insider Trading, Corporate Performance, Banking Industry

📚 Related People & Topics

Insider trading

Insider trading

Trading using nonpublic information

# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...

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First Merchants Corporation

First Merchants Corporation

Financial holding company in Indiana, United States

First Merchants Corporation is a financial holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2...

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Bank holding company

Bank holding company

Company with significant ownership of one or more banks

A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (banc/bank + corp[oration]) or bancorporation is often used to refer to such companies as well, particularly in the United States.

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Entity Intersection Graph

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Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Netflix declines to match Paramount Skydance bid for Warner Bros Dorsey’s Block slashes workforce 40% to embrace AI-native future, shares gain This is where Deutsche Bank sees silver prices ending the year Gold prices mixed as U.S.-Iran nuclear talks end after ’significant progress’ (South Africa Philippines Nigeria) First Merchants director Myers sells $207,500 in FRME stock By Investing.com Insider Trading Published 02/26/2026, 10:10 PM First Merchants director Myers sells $207,500 in FRME stock 0 FRME -0.19% Larry W. Myers, a Director and First Vice President at First Merchants Corp (NASDAQ:FRME), sold 5,000 shares of common stock on February 26, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $41.50, totaling $207,500. Following the transaction, Myers directly owns 109,491 shares of First Merchants Corp. He also indirectly owns 71,983 shares through a Spousal IRA and 181,728 shares through a 401k.The insider sale comes as First Merchants trades at a P/E ratio of 10.6, with the stock currently undervalued according to InvestingPro’s Fair Value analysis . The $2.34 billion bank holding company offers a dividend yield of 3.51% and has raised its dividend for 14 consecutive years. InvestingPro subscribers have access to over 10 additional exclusive tips and comprehensive financial metrics for FRME. In other recent news, First Merchants Corporation reported its fourth-quarter earnings for 2025, which exceeded analyst expectations. The company achieved an earnings per share of $0.98, surpassing the forecasted $0.95, and reported revenue of $178.36 million, which was higher than the anticipated $173.17 million. Additionally, First Merchants declared a quarterly cash dividend of $0.36 per common share, with shareholders of record as of March 6, 2026, set to receive the payment on March 20, 2026. Following a merger, Larry Myers has joined the Board...
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