Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS. On July 1, 2026, Dr. Mung Chiang notified First Merchants Corporation (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”), effective immediately. Dr. Chiang’s resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Rather, Dr.…
First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).
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Item 5.02Item 5.02 - Departure/Election of Directors
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS.
On July 1, 2026, Dr. Mung Chiang notified First Merchants Corporation (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”), effective immediately.
Dr. Chiang’s resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Rather, Dr. Chiang is stepping down from the Board in connection with a change in his professional responsibilities that will result in his relocation outside the Company’s primary market area, which will limit his ability to continue to serve on the Board.
The Company thanks Dr. Chiang for his service and contributions to the Board and the Company.
Upon the effectiveness of this resignation, the size of the Company’s Board shall be decreased from thirteen (13) members to twelve (12) members.
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)