FIRST MERCHANTS CORP Updates Trading Symbols on Nasdaq

TL;DR

**FIRST MERCHANTS CORP confirmed its Common Stock (FRME) and Depositary Shares (FRMEP) are listed on Nasdaq.**

AI Summary

FIRST MERCHANTS CORPORATION filed an 8-K on January 18, 2024, to update the trading symbols and exchanges for its Common Stock and Depositary Shares. The Common Stock, with a $0.125 stated value per share, now trades under the symbol FRME on The Nasdaq Stock Market LLC. Similarly, the Depositary Shares, representing a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A, trade under FRMEP, also on The Nasdaq Stock Market LLC. This filing is a routine update, confirming where investors can buy and sell these securities, and doesn't indicate any major operational or financial changes for the company.

Why It Matters

This filing is a routine administrative update, confirming the trading venues and symbols for FIRST MERCHANTS CORP's securities. It matters to investors because it clarifies where their shares are listed and traded, ensuring transparency and accessibility for buying and selling.

Risk Assessment

Risk Level: low — This 8-K is a purely administrative filing updating trading information and carries no inherent financial or operational risk.

Analyst Insight

A smart investor would note this filing as a routine administrative update, confirming the listing details of FRME and FRMEP on Nasdaq. No immediate action is required based on this information alone, but it reinforces the transparency of the company's publicly traded securities.

Key Numbers

• $0.125 — Stated value per share (for Common Stock of FIRST MERCHANTS CORP)
• 1/100th — Interest represented by Depositary Shares (each Depositary Share represents a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A)

Key Players & Entities

• FIRST MERCHANTS CORPORATION (company) — the registrant filing the 8-K
• $0.125 (dollar_amount) — stated value per share of Common Stock
• FRME (company) — trading symbol for Common Stock
• FRMEP (company) — trading symbol for Depositary Shares
• The Nasdaq Stock Market LLC (company) — exchange where both securities are registered
• January 18, 2024 (date) — date of earliest event reported and filing date

FAQ

Key Financial Figures

• $0.125 — ange on which registered Common Stock, $0.125 stated value per share FRME The Nasdaq
• $46.88 — Perpetual Preferred Stock Series A, of $46.88 per share (equivalent to $0.4688 per de
• $0.4688 — s A, of $46.88 per share (equivalent to $0.4688 per depositary share) payable on Februa

Filing Documents

• frme-20240118.htm (8-K) — 27KB
• pressrelease-1stqtr2024div.htm (EX-99.1) — 5KB
• 0000712534-24-000035.txt ( ) — 202KB
• frme-20240118.xsd (EX-101.SCH) — 3KB
• frme-20240118_def.xml (EX-101.DEF) — 16KB
• frme-20240118_lab.xml (EX-101.LAB) — 31KB
• frme-20240118_pre.xml (EX-101.PRE) — 16KB
• frme-20240118_htm.xml (XML) — 4KB

01 OTHER EVENTS

ITEM 8.01 OTHER EVENTS On January 18, 2024, First Merchants Corporation issued a press release announcing its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, of $46.88 per share (equivalent to $0.4688 per depositary share) payable on February 15, 2024, to stockholders of record on January 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Form 8-K and the attached exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit 99.1 Press Release dated January 18, 2024 issued by First Merchants Corporation . Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. First Merchants Corporation (Registrant) By: /s/ Michele M. Kawiecki Michele M. Kawiecki Executive Vice President, Chief Financial Officer (Principal Financial and Accounting Officer) Dated: January 18, 2024

View Full Filing

View this 8-K filing on SEC EDGAR