Last updated: 2 July 2024 at 11:06am EST

Michael Rechin Net Worth




The estimated Net Worth of Michael C Rechin is at least $6.41 Миллион 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 и Director at First Merchants.

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.





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 и 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 и 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 и 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?

First Merchants Corp. logo

Complete history of Mr. Rechin stock trades at First Merchants

Дата
#
Компания
инсайдер
Транзакция
Транзакция
Акции Цена за акцию Общая стоимость Акции после Источник
19 Dec 2023 Michael C Rechin
Директор
Продажа 10,000 $37.05 $370,500
19 Dec 2023
85,833
20 May 2020 Michael C Rechin
Директор
Продажа 10,000 $25.40 $254,000
20 May 2020
104,954
20 Aug 2018 Michael C Rechin
Директор
Продажа 15,000 $48.63 $729,450
20 Aug 2018
105,920
21 Nov 2017 Michael C Rechin
Директор
Продажа 5,332 $41.41 $220,798
21 Nov 2017
111,929
1 Mar 2017 Michael C Rechin
Директор
Реализация опциона 20,000 $25.02 $500,400
1 Mar 2017
119,628
1 Mar 2017 Michael C Rechin
Директор
Реализация опциона 20,000 $25.02 $500,400
1 Mar 2017
119,628
29 Nov 2016 Michael C Rechin
Директор
Реализация опциона 25,300 $18.46 $467,038
29 Nov 2016
116,917
18 Mar 2014 Michael C Rechin
Директор
Реализация опциона 20,000 $11.14 $222,800
18 Mar 2014
89,128
25 Feb 2013 Michael C Rechin
Директор
Продажа 4,725 $14.81 $69,977
25 Feb 2013
69,100
5 Aug 2011 Michael C Rechin
Директор
Купить 2,012 $8.30 $16,700
5 Aug 2011
53,430
6 Nov 2009 Michael C Rechin
Директор
Купить 2,359 $5.83 $13,753
6 Nov 2009
22,749
31 Jul 2007 Michael C Rechin
Директор
Купить 1,000 $19.95 $19,950
31 Jul 2007
11,322
27 Jul 2007 Michael C Rechin
Директор
Купить 1,000 $21.73 $21,730
27 Jul 2007
10,322


First Merchants executives and stock owners

First Merchants executives and other stock owners filed with the SEC include: