Michael C. Rechin, Chief Executive Officer at FIRST MERCHANTS CORP (FRME), sold 31,237 shares at $34.14 ($1.1M) on 2016-11-29, disclosed to the SEC on 2016-12-01.
Open-market sale of $1.1M FRME by Chief Executive Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $34.14 | 5,811 | $198K | 18.6% |
| 2 | $34.14 | 12,713 | $434K | 40.7% |
| 3 | $34.14 | 12,713 | $434K | 40.7% |
| Total | $34.14 avg | 31,237 | $1.1M | 100% |
| Filing → |
| FRME | SELL | 2018-08-22 | $729K | — | Filing → |
| FRME | SELL | 2017-11-22 | $442K | — | Filing → |
| FRME | SELL | 2017-03-03 | $1.1M | — | Filing → |