According to recent filings covering the 90 days ending January 21, 2026, the three most significant insider holders at First Merchants are Chief Executive Officer Mark K Hardwick (132.35K shares), President Michael J Stewart (111.38K shares), Director Patrick J. Fehring (99.88K shares).
| Holder | Position | Shares | Report Date |
|---|---|---|---|
| Mark K Hardwick | Chief Executive Officer | 132,352 | 22 Dec, 2025 |
| Michael J Stewart | President | 111,385 | 05 Aug, 2025 |
| Patrick J. Fehring | 99,880 | 02 Oct, 2025 | |
| Michael C Rechin | 89,245 | 05 Jan, 2026 | |
| John Martin | Chief Credit Officer | 69,729 | 05 Aug, 2025 |
| Michele Kawiecki | Chief Financial Officer | 65,012 | 22 Dec, 2025 |
| Jean L Wojtowicz | 64,183 | 05 Jan, 2026 | |
| Gary Lehman | 53,159 | 05 Jan, 2026 | |
| Patrick A Sherman | 51,125 | 03 May, 2022 | |
| Charles E Schalliol | 41,030 | 11 Apr, 2024 | |
| Joseph C Peterson | Chief Commercial Officer | 39,334 | 05 Aug, 2025 |
| H Douglas Chaffin | 37,203 | 02 Jul, 2021 | |
| William L Hoy | 33,603 | 04 Apr, 2023 | |
| Michael R Becher | 28,520 | 05 Jan, 2026 | |
| Howard Halderman | 28,245 | 05 Jan, 2026 | |
| Michael C Marhenke | 27,875 | 02 Jul, 2021 | |
| Stephan Fluhler | Chief Information Officer | 27,753 | 04 Nov, 2025 |
| Steven C Harris | Director Of Human Resources | 20,480 | 05 Aug, 2025 |
| Chad Kimball | Chief Risk Officer | 18,090 | 05 Aug, 2025 |
| Michael J Fisher | 17,821 | 05 Jan, 2026 | |
| Jeffrey B Lorentson | Chief Audit Executive | 15,228 | 18 Aug, 2021 |
| Clark C Kellogg | 14,620 | 05 Jan, 2026 | |
| Susan W Brooks | 11,395 | 05 Jan, 2026 | |
| Jason R Sondhi | 9,393 | 05 Jan, 2026 | |
| Kevin D Johnson | 8,410 | 05 Jan, 2026 | |
| Mung Chiang | 7,774 | 05 Jan, 2026 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 31 Dec, 2025 | Jean L Wojtowicz | Common Stock | A | 833 | $37.48 | 64,183 | D | A |
| 31 Dec, 2025 | Michael C Rechin | Common Stock | A | 646 | $37.48 | 89,245 | D | A |
| 31 Dec, 2025 | Gary Lehman | Common Stock | A | 583 | $37.48 | 53,159 | D | A |
| 31 Dec, 2025 | Michael R Becher | Common Stock | A | 646 | $37.48 | 28,520 | D | A |
| 31 Dec, 2025 | Howard Halderman | Common Stock | A | 625 | $37.48 | 28,242 | D | A |
| 31 Dec, 2025 | Michael J Fisher | Common Stock | A | 583 | $37.48 | 17,821 | D | A |
| 31 Dec, 2025 | Clark C Kellogg | Common Stock | A | 604 | $37.48 | 14,620 | D | A |
| 31 Dec, 2025 | Susan W Brooks | Common | A | 604 | $37.48 | 11,395 | D | A |
| 31 Dec, 2025 | Jason R Sondhi | Common | A | 625 | $37.48 | 8,935 | D | A |
| 31 Dec, 2025 | Kevin D Johnson | Common | A | 583 | $37.48 | 8,410 | D | A |
| 31 Dec, 2025 | Mung Chiang | Common | A | 604 | $37.48 | 7,774 | D | A |
| 22 Dec, 2025 | Michele Kawiecki | Common Stock | D | 910 | $0.00 | 63,003 | D | G |
| 18 Dec, 2025 | Mark K Hardwick | Common Stock | D | 3,857 | $0.00 | 116,222 | D | G |
| 04 Nov, 2025 | Stephan Fluhler | Common Stock | D | 5,689 | $35.55 | 27,753 | D | S |
| 30 Sep, 2025 | Jean L Wojtowicz | Common Stock | A | 828 | $37.70 | 62,861 | D | A |
| 30 Sep, 2025 | Michael C Rechin | Common Stock | A | 642 | $37.70 | 88,599 | D | A |
| 30 Sep, 2025 | Gary Lehman | Common Stock | A | 580 | $37.70 | 52,532 | D | A |
| 30 Sep, 2025 | Michael R Becher | Common Stock | A | 642 | $37.70 | 27,874 | D | A |
| 30 Sep, 2025 | Howard Halderman | Common Stock | A | 621 | $37.70 | 27,437 | D | A |
| 30 Sep, 2025 | Michael J Fisher | Common Stock | A | 580 | $37.70 | 17,176 | D | A |