The estimated Net Worth of Michael C Marhenke is at least $2.79 Millón dollars as of 18 March 2021. Mr. Marhenke owns over 9,000 units of First Merchants stock worth over $962,829 and over the last 7 years he sold FRME stock worth over $1,727,640. In addition, he makes $96,013 as Independent Director at First Merchants.
Michael has made over 6 trades of the First Merchants stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 9,000 units of FRME stock worth $450,000 on 18 March 2021.
The largest trade he's ever made was selling 26,000 units of First Merchants stock on 20 August 2018 worth over $1,277,640. On average, Michael trades about 2,952 units every 57 days since 2017. As of 18 March 2021 he still owns at least 27,023 units of First Merchants stock.
You can see the complete history of Mr. Marhenke stock trades at the bottom of the page.
Michael C. Marhenke serves as Independent Director of the Company. Mr. Marhenke was President and Chief Executive Officer of Independent Alliance Banks, Inc. (“iAB”) for twelve years until iAB was acquired by the Company. With approximately 40 years of banking experience, Marhenke served as President and CEO of Grabill Bank starting in 2004, serving as Executive Vice President and Chief Operating Officer of Grabill Bank from 2000 to 2004 and Vice President of Business Development from 1998 to 2004. Previously, Marhenke served as Market President of Norwest Bank in Bluffton, Indiana. Marhenke has also served on the Membership Council of the American Bankers Association (ABA) and is a past member of the Community Bankers Council. He currently serves on the Board of Directors of the City of New Haven Board of Zoning Appeals
As the Independent Director of First Merchants, the total compensation of Michael Marhenke at First Merchants is $96,013. There are 18 executives at First Merchants getting paid more, with Michael Rechin having the highest compensation of $1,702,540.
Michael Marhenke is 66, he's been the Independent Director of First Merchants since 2017. There are 4 older and 20 younger executives at First Merchants. The oldest executive at First Merchants Corp. is Patrick Sherman, 72, who is the Independent Director.
Michael's mailing address filed with the SEC is 200 EAST JACKSON ST, , MUNCIE, IN, 47305.
Over the last 22 years, insiders at First Merchants have traded over $14,540,098 worth of First Merchants stock and bought 132,618 units worth $2,701,211 . The most active insiders traders include H Douglas Chaffin, Michael C Rechin y Mark K Hardwick. On average, First Merchants executives and independent directors trade stock every 14 days with the average trade being worth of $61,497. The most recent stock trade was executed by Mark K Hardwick on 8 August 2024, trading 11,832 units of FRME stock currently worth $475,883.
with more than 100 banking locations throughout 27 indiana counties as well as two in both illinois and ohio, we provide our customers with broad financial services delivered locally by bankers who are known and trusted in their communities. first merchants corporation is the largest financial services holding company headquartered in central indiana. bank divisions within the corporation include: first merchants bank lafayette bank & trust first merchants private wealth advisors, one of the largest wealth management companies in indiana. together we offer consumer banking, mortgage banking, business banking, cash management services, and wealth management, and are focused on building deep, lifelong client relationships and providing maximum shareholder value. we are a team of associates who support and expect superior results from our company and ourselves. accountability and execution is the foundation of our success. we provide an experience where customers can bank with their neigh
First Merchants executives and other stock owners filed with the SEC include: