Michael C. Rechin, Chief Executive Officer at FIRST MERCHANTS CORP (FRME), sold 29,268 shares at $40.67 ($1.2M) on 2017-03-01, disclosed to the SEC on 2017-03-03.
Seasonal sale ($1.2M) by Chief Executive Officer — this insider has traded FRME in March in at least three consecutive prior years. Pattern-driven, low signal.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $40.67 | 1,346 | $55K | 4.6% |
| 2 | $40.67 | 5,000 | $203K | 17.1% |
| 3 | $40.67 | 11,461 | $466K | 39.2% |
| 4 | $40.67 | 11,461 | $466K | 39.2% |
| Total | $40.67 avg | 29,268 | $1.2M | 100% |
| Filing → |
| FRME | SELL | 2018-08-22 | $729K | — | Filing → |
| FRME | SELL | 2017-11-22 | $442K | — | Filing → |
| FRME | SELL | 2016-12-01 | $868K | — | Filing → |