Gary Lehman is Director at FIRST MERCHANTS CORP (FRME). They have made 104 open-market trades across 2 companies since 2011, most recently 2026-03-31.
CIK 0001518499
Unrated. We grade insiders only on stock they chose to buy on the open market. Grants, option exercises and vesting say nothing about timing, so they don't count — which is why someone can file often and still have no grade. It isn't a bad sign: unrated buys beat every graded tier below A.
102 open-market purchases totalling $392K since 2011, against 2 sales. Across 84 scored buys the stock is up 1.7% at ninety days, and 0.5 points behind the S&P over the same stretch.
84 scored purchases · one row per filing · discretionary only
| 7d | 30d | 90d | |
|---|---|---|---|
| Accuracy | 31% | 35% | 37% |
| Avg Move | -3.2% | +0.2% | +1.7% |
| Alpha | -1.3% | -0.6% | -0.5% |
| Scored | 84 | 84 | 84 |
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| FRME | SELL | 2023-03-03 | 2023-03-07 | $40.09 | $117K | -12.7% | -20.4% | -31.0% |
| FRME | SELL | 2021-03-18 | 2021-03-22 | $48.38 | $145K | +1.6% | -0.4% | -6.5% |
| FRME | BUY | 2019-12-02 | 2019-12-04 | $40.65 | $2K | +3.8% | +2.5% | -10.6% |
| FRME | BUY | 2019-11-01 | 2019-11-05 | $40.65 | $2K | +0.1% | -2.8% | -1.9% |
| FRME | BUY | 2019-10-01 | 2019-10-02 | $37.88 | $2K | +1.7% | +10.8% | +13.9% |
| FRME | BUY | 2019-09-03 | 2019-09-05 | $35.46 | $2K | +9.5% | +3.2% | +12.4% |
| FRME | BUY | 2019-08-01 | 2019-08-05 | $38.76 | $2K | -3.8% | -5.3% | +10.7% |
| FRME | BUY | 2019-07-01 | 2019-07-02 | $37.88 | $2K | -2.3% | +2.6% | -1.0% |
| FRME | BUY | 2019-06-03 | 2019-06-05 | $34.01 | $2K | +1.8% | +9.0% | -2.3% |
| FRME | BUY | 2019-05-01 | 2019-05-02 | $37.04 | $2K | -1.4% | -8.0% | +7.0% |
| FRME | BUY | 2019-04-01 | 2019-04-02 | $37.04 | $2K | +4.5% | -2.7% | +0.7% |
| FRME | BUY | 2019-03-01 | 2019-03-04 | $40.65 | $2K | -4.9% | -8.3% | -17.9% |
| FRME | BUY | 2019-02-01 | 2019-02-05 | $37.88 | $2K | +8.9% | +4.6% | +1.7% |
| FRME | BUY | 2019-01-02 | 2019-01-03 | $34.73 | $2K | +5.2% | +6.4% | +8.0% |
| FRME | BUY | 2018-12-03 | 2018-12-04 | $42.73 | $2K | -6.2% | -10.3% | +6.9% |
| FRME | BUY | 2018-11-01 | 2018-11-05 | $42.74 | $2K | +0.6% | -4.6% | -9.1% |
| FRME | BUY | 2018-10-01 | 2018-10-26 | $46.30 | $2K | -1.1% | -2.1% | -11.1% |
| FRME | BUY | 2018-09-04 | 2018-09-05 | $49.02 | $2K | -2.0% | -6.0% | -18.0% |
| FRME | BUY | 2018-08-01 | 2018-08-03 | $49.01 | $2K | +1.7% | +2.1% | -12.1% |
| FRME | BUY | 2018-07-02 | 2018-07-03 | $47.61 | $2K | -0.5% | +1.7% | -6.1% |
| FRME | BUY | 2018-06-01 | 2018-06-04 | $46.30 | $2K | +0.7% | +1.7% | +2.9% |
| FRME | BUY | 2018-05-01 | 2018-05-02 | $43.86 | $2K | +1.9% | +7.3% | +9.0% |
| FRME | BUY | 2018-04-02 | 2018-04-03 | $41.67 | $2K | +1.4% | +4.4% | +13.3% |
| FRME | BUY | 2018-03-01 | 2018-03-05 | $42.73 | $2K | +2.8% | -0.9% | +10.4% |
| FRME | BUY | 2018-02-01 | 2018-02-05 | $43.85 | $2K | +4.9% | +7.4% | +8.2% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.