FIRST MERCHANTS CORP

Ticker: FRME CUSIP: 320817109 Class: COM

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM's Holding History (CIK: 0001081019)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 53,966 Value ($000) $2,023 Avg Close $36.79 Range $34.33 - $39.38

Q3 2025

Shares 54,061 Value ($000) $2,038 Avg Close $39.26 Range $36.09 - $41.68

Q2 2025

Shares 54,058 Value ($000) $2,070 Avg Close $36.08 Range $32.21 - $39.15

Q1 2025

Shares 53,641 Value ($000) $2,169 Avg Close $40.25 Range $35.90 - $43.98

Q4 2024

Shares 54,674 Value ($000) $2,181 Avg Close $38.77 Range $33.60 - $44.12

Q3 2024

Shares 55,408 Value ($000) $2,061 Avg Close $35.16 Range $30.58 - $40.22

Q2 2024

Shares 57,776 Value ($000) $1,923 Avg Close $31.40 Range $28.94 - $33.99

Q1 2024

Shares 59,784 Value ($000) $2,086 Avg Close $31.96 Range $30.07 - $35.11

Q4 2023

Shares 62,926 Value ($000) $2,333 Avg Close $28.54 Range $23.58 - $35.39

Q3 2023

Shares 65,808 Value ($000) $1,831 Avg Close $27.26 Range $24.70 - $29.80

Q2 2023

Shares 70,663 Value ($000) $1,995 Avg Close $25.52 Range $21.95 - $29.76

Q1 2023

Shares 73,626 Value ($000) $2,426 Avg Close $35.28 Range $28.79 - $39.06

Q4 2022

Shares 74,619 Value ($000) $3,068 Avg Close $37.35 Range $34.12 - $39.72

Q3 2022

Shares 73,772 Value ($000) $2,854 Avg Close $34.80 Range $29.80 - $38.54

Q2 2022

Shares 74,653 Value ($000) $2,659 Avg Close $34.25 Range $30.68 - $38.66

Q1 2022

Shares 75,139 Value ($000) $3,126 Avg Close $37.52 Range $35.45 - $39.76

Q4 2021

Shares 76,875 Value ($000) $3,220 Avg Close $35.95 Range $33.30 - $37.79

Q3 2021

Shares 73,512 Value ($000) $3,076 Avg Close $34.62 Range $32.24 - $36.96

Q2 2021

Shares 74,720 Value ($000) $3,114 Avg Close $38.60 Range $35.07 - $41.15

Q1 2021

Shares 81,381 Value ($000) $3,784 Avg Close $36.25 Range $28.53 - $42.77

Q4 2020

Shares 81,816 Value ($000) $3,061 Avg Close $25.94 Range $19.07 - $31.78

Q3 2020

Shares 81,371 Value ($000) $1,885 Avg Close $20.66 Range $17.92 - $23.56

Q2 2020

Shares 81,371 Value ($000) $2,243 Avg Close $21.90 Range $17.31 - $26.55

Q1 2020

Shares 82,456 Value ($000) $2,184 Avg Close $29.65 Range $18.68 - $34.23

Q4 2019

Shares 83,386 Value ($000) $3,468 Avg Close $32.25 Range $29.02 - $34.47

Q3 2019

Shares 85,071 Value ($000) $3,202 Avg Close $29.96 Range $27.57 - $32.15

Q2 2019

Shares 75,456 Value ($000) $2,860 Avg Close $29.19 Range $26.41 - $31.49

Q1 2019

Shares 75,456 Value ($000) $2,781 Avg Close $30.32 Range $26.50 - $32.91

Q4 2018

Shares 77,317 Value ($000) $2,650 Avg Close $31.95 Range $25.67 - $36.14

Q3 2018

Shares 75,574 Value ($000) $3,400 Avg Close $37.27 Range $35.16 - $39.45

Q2 2018

Shares 75,600 Value ($000) $3,508 Avg Close $34.96 Range $31.66 - $38.47

Q1 2018

Shares 62,426 Value ($000) $2,603 Avg Close $33.20 Range $31.09 - $34.82

Q4 2017

Shares 64,615 Value ($000) $2,718 Avg Close $33.01 Range $29.02 - $35.20

Q3 2017

Shares 65,631 Value ($000) $2,818 Avg Close $30.64 Range $28.63 - $33.44

Q2 2017

Shares 72,657 Value ($000) $2,916 Avg Close $30.90 Range $28.32 - $33.41

Q1 2017

Shares 80,258 Value ($000) $3,156 Avg Close $29.75 Range $26.87 - $32.13

Q4 2016

Shares 84,058 Value ($000) $3,165 Avg Close $24.15 Range $19.60 - $28.97

Q3 2016

Shares 86,258 Value ($000) $2,307 Avg Close $19.98 Range $18.03 - $20.70

Q2 2016

Shares 85,458 Value ($000) $2,130 Avg Close $18.70 Range $16.99 - $20.04

Q1 2016

Shares 85,866 Value ($000) $2,024 Avg Close $17.09 Range $15.76 - $18.88

Q4 2015

Shares 70,054 Value ($000) $1,781 Avg Close $19.62 Range $18.41 - $20.54

Q3 2015

Shares 68,806 Value ($000) $1,804 Avg Close $19.18 Range $18.23 - $19.83

Q2 2015

Shares 69,006 Value ($000) $1,704 Avg Close $17.41 Range $16.29 - $18.80

Q1 2015

Shares 66,035 Value ($000) $1,554 Avg Close $16.75 Range $15.70 - $17.66

Q4 2014

Shares 66,835 Value ($000) $1,520 Avg Close $15.93 Range $14.60 - $17.19

Q3 2014

Shares 66,551 Value ($000) $1,345 Avg Close $14.88 Range $14.19 - $16.12

Q2 2014

Shares 65,773 Value ($000) $1,390 Avg Close $15.12 Range $14.08 - $16.56

Q1 2014

Shares 63,473 Value ($000) $1,374 Avg Close $15.38 Range $14.30 - $16.42

Q4 2013

Shares 63,273 Value ($000) $1,440 Avg Close $14.49 Range $12.54 - $16.92

Q3 2013

Shares 51,773 Value ($000) $897 Avg Close $12.95 Range $12.05 - $13.80

Q2 2013

Shares 50,155 Value ($000) $860 Avg Close $11.60 Range $10.12 - $12.60

Q1 2013

Shares 49,697 Value ($000) $769 Avg Close $10.87 Range $10.41 - $11.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	53,966	$2,023	$36.79	$34.33 - $39.38
Q3 2025	54,061	$2,038	$39.26	$36.09 - $41.68
Q2 2025	54,058	$2,070	$36.08	$32.21 - $39.15
Q1 2025	53,641	$2,169	$40.25	$35.90 - $43.98
Q4 2024	54,674	$2,181	$38.77	$33.60 - $44.12
Q3 2024	55,408	$2,061	$35.16	$30.58 - $40.22
Q2 2024	57,776	$1,923	$31.40	$28.94 - $33.99
Q1 2024	59,784	$2,086	$31.96	$30.07 - $35.11
Q4 2023	62,926	$2,333	$28.54	$23.58 - $35.39
Q3 2023	65,808	$1,831	$27.26	$24.70 - $29.80
Q2 2023	70,663	$1,995	$25.52	$21.95 - $29.76
Q1 2023	73,626	$2,426	$35.28	$28.79 - $39.06
Q4 2022	74,619	$3,068	$37.35	$34.12 - $39.72
Q3 2022	73,772	$2,854	$34.80	$29.80 - $38.54
Q2 2022	74,653	$2,659	$34.25	$30.68 - $38.66
Q1 2022	75,139	$3,126	$37.52	$35.45 - $39.76
Q4 2021	76,875	$3,220	$35.95	$33.30 - $37.79
Q3 2021	73,512	$3,076	$34.62	$32.24 - $36.96
Q2 2021	74,720	$3,114	$38.60	$35.07 - $41.15
Q1 2021	81,381	$3,784	$36.25	$28.53 - $42.77
Q4 2020	81,816	$3,061	$25.94	$19.07 - $31.78
Q3 2020	81,371	$1,885	$20.66	$17.92 - $23.56
Q2 2020	81,371	$2,243	$21.90	$17.31 - $26.55
Q1 2020	82,456	$2,184	$29.65	$18.68 - $34.23
Q4 2019	83,386	$3,468	$32.25	$29.02 - $34.47
Q3 2019	85,071	$3,202	$29.96	$27.57 - $32.15
Q2 2019	75,456	$2,860	$29.19	$26.41 - $31.49
Q1 2019	75,456	$2,781	$30.32	$26.50 - $32.91
Q4 2018	77,317	$2,650	$31.95	$25.67 - $36.14
Q3 2018	75,574	$3,400	$37.27	$35.16 - $39.45
Q2 2018	75,600	$3,508	$34.96	$31.66 - $38.47
Q1 2018	62,426	$2,603	$33.20	$31.09 - $34.82
Q4 2017	64,615	$2,718	$33.01	$29.02 - $35.20
Q3 2017	65,631	$2,818	$30.64	$28.63 - $33.44
Q2 2017	72,657	$2,916	$30.90	$28.32 - $33.41
Q1 2017	80,258	$3,156	$29.75	$26.87 - $32.13
Q4 2016	84,058	$3,165	$24.15	$19.60 - $28.97
Q3 2016	86,258	$2,307	$19.98	$18.03 - $20.70
Q2 2016	85,458	$2,130	$18.70	$16.99 - $20.04
Q1 2016	85,866	$2,024	$17.09	$15.76 - $18.88
Q4 2015	70,054	$1,781	$19.62	$18.41 - $20.54
Q3 2015	68,806	$1,804	$19.18	$18.23 - $19.83
Q2 2015	69,006	$1,704	$17.41	$16.29 - $18.80
Q1 2015	66,035	$1,554	$16.75	$15.70 - $17.66
Q4 2014	66,835	$1,520	$15.93	$14.60 - $17.19
Q3 2014	66,551	$1,345	$14.88	$14.19 - $16.12
Q2 2014	65,773	$1,390	$15.12	$14.08 - $16.56
Q1 2014	63,473	$1,374	$15.38	$14.30 - $16.42
Q4 2013	63,273	$1,440	$14.49	$12.54 - $16.92
Q3 2013	51,773	$897	$12.95	$12.05 - $13.80
Q2 2013	50,155	$860	$11.60	$10.12 - $12.60
Q1 2013	49,697	$769	$10.87	$10.41 - $11.48