The estimated Net Worth of Michael C Rechin is at least $6.41 Million dollars as of 19 December 2023. Mr. Rechin owns over 10,000 units of First Merchants stock worth over $3,058,230 and over the last 19 years he sold FRME stock worth over $1,644,725. In addition, he makes $1,702,540 as President, Chief Executive Officer, and Director at First Merchants.
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Mr. Rechin FRME stock SEC Form 4 insiders trading
Michael has made over 13 trades of the First Merchants stock since 2007, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of FRME stock worth $370,500 on 19 December 2023.
The largest trade he's ever made was exercising 25,300 units of First Merchants stock on 29 November 2016 worth over $467,038. On average, Michael trades about 2,170 units every 95 days since 2005. As of 19 December 2023 he still owns at least 85,833 units of First Merchants stock.
You can see the complete history of Mr. Rechin stock trades at the bottom of the page.
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Michael Rechin biography
Michael C. Rechin has been appointed as Director of the Company effective 12/31/2020. Mr. Rechin is the President and CEO of the Company and its wholly owned subsidiary, First Merchants Bank. He joined FMC in 2005, as its Executive Vice President and Chief Operating Officer, and he has led the Company since 2007. Before joining FMC, Mr. Rechin held senior management positions with National City Bank (“National City”) for 23 years. Mr. Rechin was the manager of National City’s Indiana Commercial Banking operations from 1995 until 2005. Mr. Rechin currently serves on the Boards of OneZone, the Conner Prairie Museum, The Center for the Performing Arts and Sheehan Family Foundation.
What is the salary of Michael Rechin?
As the President, Chief Executive Officer, and Director of First Merchants, the total compensation of Michael Rechin at First Merchants is $1,702,540. There are no executives at First Merchants getting paid more.
How old is Michael Rechin?
Michael Rechin is 61, he's been the President, Chief Executive Officer, and Director of First Merchants since 2007. There are 9 older and 15 younger executives at First Merchants. The oldest executive at First Merchants Corp. is Patrick Sherman, 72, who is the Independent Director.
What's Michael Rechin's mailing address?
Michael's mailing address filed with the SEC is 200, East Jackson Street, Muncie, Delaware County, Indiana, 47305, United States.
Insiders trading at First Merchants
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, and 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.
What does First Merchants do?
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
What does First Merchants's logo look like?
Complete history of Mr. Rechin stock trades at First Merchants
First Merchants executives and stock owners
First Merchants executives and other stock owners filed with the SEC include:
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Michael Rechin,
President, Chief Executive Officer, Director -
Michael C. Rechin,
Advisor & Director -
Mark Hardwick,
Chief Financial Officer, Chief Operating Officer, Executive Vice President -
Michael Stewart,
Executive Vice President, Chief Banking Officer -
John Martin,
Executive Vice President, Chief Credit Officer -
Mark K. Hardwick,
CEO & Director -
Stephan Fluhler,
Senior Vice President, Chief Information Officer -
Michael J. Stewart,
Pres -
John J. Martin,
Exec. VP & Chief Credit Officer -
Stephan H. Fluhler,
Sr. VP & Chief Information Officer -
Charles Schalliol,
Independent Chairman of the Board -
Jean Wojtowicz,
Independent Director -
Michael Becher,
Independent Director -
Gary Lehman,
Independent Director -
F. Howard Halderman,
Independent Director -
William Hoy,
Independent Director -
Patrick Sherman,
Independent Director -
Michael Fisher,
Independent Director -
Michael Marhenke,
Independent Director -
Clark Kellogg,
Independent Director -
Nicole Weaver,
Investor Relations Contact -
Harold Chaffin,
Director -
Steven Harris,
Senior Vice President, Director of Human Resources -
Jeffrey Lorentson,
Chief Risk Officer, Senior Vice President -
Michele Kawiecki,
Senior Vice President and Director of Finance -
Marcos Nogues C.F.A.,
Chief Investment Officer -
Michele M. Kawiecki,
Exec. VP, CFO & Principal Accounting Officer -
Karen Evens,
VP & Director of Marketing -
Brian T. Hunt,
Sec. & Legal Counsel -
Terry L Walker,
Director -
Howard Halderman,
Director -
H Douglas Chaffin,
Director -
Mung Chiang,
Director -
Patrick J. Fehring,
Director -
Chad Kimball,
Chief Risk Officer -
Jo Ann M Gora,
Director -
Robert R Connors,
Senior Vice President -
Jerry R Engle,
Director -
Thomas B Clark,
Director -
Barry J Hudson,
Director -
Jami L Bradshaw,
Chief Accounting Officer -
David W Spade,
Senior Vice President -
Richard A Boehning,
Director -
Robert M Smitson,
Director -
Shawn R Blackburn,
Senior Vice President -
Larry R Helms,
Senior Vice President -
Thomas Mcauliffe,
Director -
Robert T Jeffares,
Director -
Stefan S Anderson,
Director -
Roger M Arwood,
Executive Vice President -
Michael L Cox,
President and Chief Executive -
Blaine A Brownell,
Director -
Norman M Johnson,
Director -
George A Sissel,
Director -
James F Ault,
Director -
Dennis A Bieberich,
Director -
Frank A Bracken,
Director -
Jerry M Ault,
Director -
John E Worthen,
Director -
Kimberly J Ellington,
Senior Vice President -
Roderick English,
Director -
Susan W Brooks,
Director -
Kevin D Johnson,
Director -
Jason R Sondhi,
Director