First Merchants Stock Up 15%: Why This $835,000 Insider Sale Doesn't Seem Like a Red Flag
Midwest banking specialist with over $1B in annual revenue, First Merchants reported a notable insider sale amid strong recent stock gains.
First Merchants Stock Up 15%: Why This $835,000 Insider Sale Doesn't Seem Like a Red Flag
Overview
Larry W Myers, Director of First Merchants Corporation (NASDAQ:FRME), reported the sale of 20,000 shares of Common Stock in multiple open-market transactions valued at approximately $835,000, according to a SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($41.75); post-transaction value based on June 12, 2026 market close ($41.75).
Details
* 1-year performance is calculated using June 12th, 2026 as the reference date.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
