STEPHAN FLUHLER - 23 Jun 2025 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role: Chief Information Officer, Senior Vice President
Signature: Jacob Burkett (Confirming Statement on File)
Issuer symbol: FRME
Transactions as of: 23 Jun 2025
Transactions value $: $3,368
Form type: 4
Filing time: 23 Jun 2025, 16:15:14 UTC
Previous filing: 24 Mar 2025
Next filing: 05 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
FLUHLER STEPHAN	Chief Information Officer, Senior Vice President	200 E JACKSON STREET, MUNCIE	Jacob Burkett (Confirming Statement on File)	23 Jun 2025	0001608347

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FRME	Phantom Stock	Award	$3.37K	+93.5	+8.64%	$36.03	1.18K	23 Jun 2025	Common Stock	93.5		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of FRME common stock. The shares of phantom stock will be settled in cash or shares of FRME common stock, at the reporting person's election, upon separation from First Merchants.