First Merchants Corp. Changes Fiscal Year End
Ticker: FRMEP · Form: 8-K · Filed: May 22, 2024 · CIK: 712534
| Field | Detail |
|---|---|
| Company | First Merchants Corp (FRMEP) |
| Form Type | 8-K |
| Filed Date | May 22, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.125 |
| Sentiment | neutral |
Sentiment: neutral
Topics: reporting-change, fiscal-year
TL;DR
FIRST MERCHANTS CORP CHANGED ITS FISCAL YEAR END TO DEC 31ST.
AI Summary
First Merchants Corp. filed an 8-K on May 22, 2024, reporting a change in its fiscal year end to December 31st, effective May 20, 2024. This filing also includes financial statements and exhibits related to this change. The company is incorporated in Indiana and its principal executive offices are located in Muncie, IN.
Why It Matters
A change in fiscal year end can impact reporting schedules and financial analysis, potentially affecting investor perception and investment decisions.
Risk Assessment
Risk Level: low — This filing primarily concerns administrative changes to the company's reporting structure and does not indicate significant operational or financial distress.
Key Numbers
- 1231 — Fiscal Year End (The company has changed its fiscal year end to December 31st.)
Key Players & Entities
- FIRST MERCHANTS CORP (company) — Registrant
- May 20, 2024 (date) — Date of earliest event reported
- May 22, 2024 (date) — Date of report
- Indiana (location) — State of incorporation
- Muncie, IN (location) — Principal executive offices
- December 31 (date) — New fiscal year end
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report a change in the registrant's fiscal year end and to include related financial statements and exhibits.
When was the change in fiscal year end effective?
The change in fiscal year end was effective as of May 20, 2024.
What is the new fiscal year end for First Merchants Corp?
The new fiscal year end for First Merchants Corp. is December 31.
Where are the principal executive offices of First Merchants Corp. located?
The principal executive offices of First Merchants Corp. are located at 200 East Jackson Street, P.O. Box 792, Muncie, IN 47305-2814.
What is the Commission File Number for First Merchants Corp?
The Commission File Number for First Merchants Corp. is 001-41342.
Filing Stats: 839 words · 3 min read · ~3 pages · Grade level 13.5 · Accepted 2024-05-22 16:00:31
Key Financial Figures
- $0.125 — ange on which registered Common Stock, $0.125 stated value per share FRME The Nasdaq
Filing Documents
- frme-20240520.htm (8-K) — 31KB
- exhibit31.htm (EX-3.1) — 122KB
- exhibit32.htm (EX-3.2) — 125KB
- 0000712534-24-000181.txt ( ) — 500KB
- frme-20240520.xsd (EX-101.SCH) — 3KB
- frme-20240520_def.xml (EX-101.DEF) — 16KB
- frme-20240520_lab.xml (EX-101.LAB) — 29KB
- frme-20240520_pre.xml (EX-101.PRE) — 17KB
- frme-20240520_htm.xml (XML) — 4KB
03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR. Effective May 20, 2024, First Merchants Corporation ("First Merchants") amended and restated its Articles of Incorporation (as amended, the "Amended and Restated Articles of Incorporation") and its Bylaws (as amended, the "Amended and Restated Bylaws"). The Amended and Restated Articles of Incorporation and the Amended and Restated Bylaws reflect three amendments to: 1. Grant shareholders of First Merchants the right to amend its Bylaws; 2. Provide that, beginning with the 2025 Annual Meeting of Shareholders, all newly elected directors will be elected for one-year terms and the Board of Directors will then progress to being fully declassified by the 2027 Annual Meeting of Shareholders; and 3. Provide that director nominees in uncontested elections will be elected by a majority of the votes cast (coupled with a resignation policy in the Corporate Governance Guidelines), but will remain subject to a plurality standard in contested elections. All three amendments had been proposed by the Board of Directors of First Merchants for approval by the shareholders at their 2024 Annual Meeting held May 7, 2024, and the shareholders at the 2024 Annual Meeting approved all three amendments. The three amendments are further described in "Voting Item 6: Proposal to Approve an Amendment to the Company's Articles of Incorporation Giving Shareholders the Ability to Amend the Company's Bylaws", "Voting Item 7: Proposal to Approve Amendments to the Company's Articles of Incorporation to Provide for a Phased-In Declassification of the Company's Board of Directors", and "Voting Item 8: Proposal to Approve an Amendment to the Company's Articles of Incorporation to Require Majority Voting in Uncontested Director Elections" in First Merchants' definitive proxy statement on Schedule 14A filed with the United States Securities and Exchange Commission on March 27, 2024 (the "Proxy Statement") , whi
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit 3.1 Articles of Incorporation of First Merchants Corporation, as amended (effective May 20, 2024). Exhibit 3.2 Bylaws of First Merchants Corporation, as amended (effective May 20, 2024). 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: May 22, 2024