Mark K. Hardwick - 22 Sep 2025 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role: Chief Executive Officer, Director
Signature: Melanie Bowling (Confirming Statement on File)
Issuer symbol: FRME
Transactions as of: 22 Sep 2025
Transactions value $: $1,154
Form type: 4
Filing time: 22 Sep 2025, 15:28:56 UTC
Previous filing: 05 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
HARDWICK MARK K	Chief Executive Officer, Director	200 E JACKSON STREET, MUNCIE	Melanie Bowling (Confirming Statement on File)	22 Sep 2025	0001170817

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	$1.15K	+28.4	+0.88%	$40.61	3.26K	22 Sep 2025	Common Stock	28.4		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.