Stephan Fluhler is CIO at FIRST MERCHANTS CORP (FRME). They have made 10 open-market trades across 1 company since 2014, most recently 2026-08-19.
CIK 0001608347
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.
0 open-market purchases, against 10 sales. Too few scored purchases to measure a record yet.
| Ticker | Shares | Value |
|---|---|---|
| FRME | 21,693 | $859K |
Shares reported on the most recent Form 4, priced at the 2026-08-21 close.
Counted per filing, not per execution lot — a purchase filled in several tranches is one decision.
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| FRME | SELL | 2026-08-19 | 2026-08-21 | $43.20 | $176K | -1.6% | -3.5% | — |
| FRME | SELL | 2026-02-11 | 2026-02-12 | $41.96 | $175K | -1.1% | -11.7% | -5.1% |
| FRME | SELL | 2025-11-04 | 2025-11-04 | $35.55 | $404K | +1.5% | +5.4% | +14.6% |
| FRME | SELL | 2024-02-28 | 2024-02-29 | $33.17 | $212K | +2.2% | +3.5% | -2.4% |
| FRME | SELL | 2022-10-31 | 2022-10-31 | $44.29 | $281K | -0.7% | -1.4% | -8.8% |
| FRME | SELL | 2021-12-09 | 2021-12-10 | $40.34 | $255K | -1.7% | +9.5% | +2.6% |
| FRME | SELL | 2019-09-19 | 2019-09-23 | $38.98 | $302K | -4.4% | +1.4% | +9.3% |
| FRME | SELL | 2018-06-20 | 2018-06-21 | $48.00 | $50K | -1.8% | +0.7% | -0.0% |
| FRME | SELL | 2017-03-21 | 2017-03-23 | $38.60 | $69K | +2.7% | +8.9% | +3.8% |
| FRME | SELL | 2014-12-23 | 2014-12-24 | $23.04 | $21K | -8.8% | -1.8% | -1.8% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.