8-K ·Filed May 19, 2026
8-K context-dependent: Items 5.02
Actionable Insight • Neutral
No immediate trading implications. This is a routine governance change with no material financial impact. Monitor for strategic shifts but none expected from this board refresh.
Final — all horizons settled through T+60d ⚠ clustered
FRMEP ▲ +0.93% at T+60d
NEUTRAL call +0.93% · α vs SPY -4.07% · entry $25.23 → $25.46
T+1d
-0.69%
call -0.69% · α -0.89%
$25.05
settled 5mo ago
T+5d
-0.50%
call -0.50% · α -2.30%
$25.10
settled 5mo ago
T+20d
-0.69%
call -0.69% · α -1.43%
$25.05
settled 4mo ago
T+60d
+0.93%
call +0.93% · α -4.07%
$25.46
settled 2mo ago
Price Chart
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Executive Summary
First Merchants Corporation announced the retirement of director Gary Lehman and the appointment of Paul Fultz to fill the vacancy. Mr. Fultz, a retired KPMG audit partner, brings over 30 years of experience. This routine board change has no financial impact and is not the result of any disagreement.
Key Facts
- Gary Lehman retired from the Board effective May 19, 2026, after serving since 2011.
- Paul Fultz appointed to fill the vacancy; his term runs until the 2027 Annual Meeting.
- Fultz is a retired KPMG audit partner with over 30 years of experience.
- Board now has 13 members, including 10 independent outside directors.
- The retirement was not due to any disagreement with the Corporation.
Financial Impact
None. No financial figures disclosed.
Market Snapshot
Exchange
Nasdaq
Sector
National Commercial Banks
Analyst Consensus
75% bullish (12 analysts)
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000712534-26-000039 |
| Document: pressrelease-lehmanretirem.htm | 0000712534-26-000039 |
| Document: 0000712534-26-000039-index-headers.html | 0000712534-26-000039 |
| Document: 0000712534-26-000039-index.html | 0000712534-26-000039 |
| Document: 0000712534-26-000039.txt | 0000712534-26-000039 |
3 reports for FRMEP
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
May 19, 2026 22w ago | 8-K | $25.23 $25.05 | ▼ −0.69% | ▼ −1.43% | $25.31 (+0.32%) |
May 19, 2026 22w ago | 8-K | $25.15 $25.25 | ▲ +0.41% | ▼ −0.58% | $25.31 (+0.62%) |
Apr 22, 2026 26w ago | 8-K | $25.49 $25.23 | ▼ −1.03% | ▼ −5.66% | $25.31 (−0.72%) |
Showing 3 of 3
US Market Status
Market Closed — Opens in 3h 51m
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