Michael J. Stewart, Chief Banking Officer at FIRST MERCHANTS CORP (FRME), sold 8,731 shares at $42.60 ($373K) on 2018-02-26, disclosed to the SEC on 2018-02-28.
Seasonal sale ($373k) by Chief Banking Officer — this insider has traded FRME in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $42.60 | 2,219 | $95K | 25.4% |
| 2 | $42.60 | 2,219 | $95K | 25.4% |
| 3 | $42.81 | 4,293 | $184K | 49.3% |
| Total | $42.70 avg | 8,731 | $373K | 100% |
| Filing → |
| FRME | SELL | 2020-05-21 | $179K | — | Filing → |
| FRME | SELL | 2019-11-20 | $91K | — | Filing → |
| FRME | SELL | 2016-12-20 | $366K | — | Filing → |