FIRST MERCHANTS CORP — Director's Dealing 2025

Aug 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST MERCHANTS CORP (FRME)
CIK: 0000712534
Period of Report: 2025-07-07

Reporting Person: HARDWICK MARK K (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-03	Common Stock	F	8473	$37.11	Disposed	97916.782	Direct
2025-08-04	Common Stock	A	21000	$37.49	Acquired	118916.782	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-07-07	Phantom Stock	$	A	0.205	Acquired		Common Stock (0.205)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16770.457	Indirect

Footnotes

F1: Includes Restricted Stock Awards totaling 63,328.111 shares.

F2: Each share of phantom stock is the economic equivalent of one share of FRME common stock. The shares of phantom stock will be settled in cash or shares of FRME common stock, at the reporting person's election, upon separation from First Merchants.