FIRST MERCHANTS CORP — Director's Dealing 2026

Feb 13, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST MERCHANTS CORP (FRME)
CIK: 0000712534
Period of Report: 2026-02-12

Reporting Person: Scurlock Eva D. (Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-12	Common Stock	M	4762	$26.04	Acquired	24825.128	Direct
2026-02-12	Common Stock	M	681	$21.79	Acquired	25506.128	Direct
2026-02-12	Common Stock	M	5986	$21.79	Acquired	31492.128	Direct
2026-02-12	Common Stock	F	3810	$41.64	Disposed	27682.128	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-12	Employee Stock Option - Right to Buy	$26.04	M	4762	Disposed	2028-02-15	Common Stock (4762)	Direct
2026-02-12	Employee Stock Option - Right to Buy	$21.79	M	681	Disposed	2026-02-18	Common Stock (681)	Direct
2026-02-12	Employee Stock Option - Right to Buy	$21.79	M	5986	Disposed	2026-02-18	Common Stock (5986)	Direct

Footnotes

F1: Includes Restricted Stock Awards totaling 9,842.109 shares.