The estimated Net Worth of Michael J Stewart is at least $5.08 Millón dollars as of 29 March 2024. Mr. Stewart owns over 36 units of First Merchants stock worth over $3,169,324 and over the last 16 years he sold FRME stock worth over $1,003,674. In addition, he makes $909,656 as Executive Vice President y Chief Banking Officer at First Merchants.
Michael has made over 25 trades of the First Merchants stock since 2009, according to the Form 4 filled with the SEC. Most recently he bought 36 units of FRME stock worth $1,068 on 29 March 2024.
The largest trade he's ever made was exercising 17,500 units of First Merchants stock on 28 July 2015 worth over $205,100. On average, Michael trades about 585 units every 52 days since 2009. As of 29 March 2024 he still owns at least 88,951 units of First Merchants stock.
You can see the complete history of Mr. Stewart stock trades at the bottom of the page.
Michael J. Stewart has been appointed as President, Executive Vice President of the Company effective 1/1/2021. Executive Vice President and Chief Banking Officer of FMC since February 2008; Executive Vice President from December 2006 to February 2008 of National City Corp; Executive Vice President and Chief Credit Officer of National City Bank of Indiana from December 2002 to December 2006.
As the Executive Vice President y Chief Banking Officer of First Merchants, the total compensation of Michael Stewart at First Merchants is $909,656. There are 3 executives at First Merchants getting paid more, with Michael Rechin having the highest compensation of $1,702,540.
Michael Stewart is 54, he's been the Executive Vice President y Chief Banking Officer of First Merchants since 2008. There are 15 older and 9 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 Street, Muncie, Delaware County, Indiana, 47305, United States.
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: