FIRST MERCHANTS CORP

Ticker: FRME CUSIP: 320817109 Class: COM

SYSTEMATIC FINANCIAL MANAGEMENT LP's Holding History (CIK: 0001085936)

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

Q4 2025

Shares 778,328 Value ($000) $29,172 Avg Close $36.79 Range $34.33 - $39.38

Q3 2025

Shares 762,042 Value ($000) $28,729 Avg Close $39.26 Range $36.09 - $41.68

Q2 2025

Shares 760,551 Value ($000) $29,129 Avg Close $36.08 Range $32.21 - $39.15

Q1 2025

Shares 745,408 Value ($000) $30,144 Avg Close $40.25 Range $35.90 - $43.98

Q4 2024

Shares 749,055 Value ($000) $29,880 Avg Close $38.77 Range $33.60 - $44.12

Q3 2024

Shares 682,675 Value ($000) $25,396 Avg Close $35.16 Range $30.58 - $40.22

Q2 2024

Shares 589,356 Value ($000) $19,620 Avg Close $31.40 Range $28.94 - $33.99

Q1 2024

Shares 593,937 Value ($000) $20,728 Avg Close $31.96 Range $30.07 - $35.11

Q4 2023

Shares 601,676 Value ($000) $22,310 Avg Close $28.54 Range $23.58 - $35.39

Q3 2023

Shares 592,756 Value ($000) $16,490 Avg Close $27.26 Range $24.70 - $29.80

Q2 2023

Shares 594,628 Value ($000) $16,786 Avg Close $25.52 Range $21.95 - $29.76

Q1 2023

Shares 612,828 Value ($000) $20,193 Avg Close $35.28 Range $28.79 - $39.06

Q4 2022

Shares 630,186 Value ($000) $25,907 Avg Close $37.35 Range $34.12 - $39.72

Q3 2022

Shares 647,548 Value ($000) $25,047 Avg Close $34.80 Range $29.80 - $38.54

Q2 2022

Shares 633,921 Value ($000) $22,580 Avg Close $34.25 Range $30.68 - $38.66

Q1 2022

Shares 621,491 Value ($000) $25,854 Avg Close $37.52 Range $35.45 - $39.76

Q4 2021

Shares 626,749 Value ($000) $26,255 Avg Close $35.95 Range $33.30 - $37.79

Q3 2021

Shares 642,368 Value ($000) $26,877 Avg Close $34.62 Range $32.24 - $36.96

Q2 2021

Shares 621,512 Value ($000) $25,898 Avg Close $38.60 Range $35.07 - $41.15

Q1 2021

Shares 528,518 Value ($000) $24,576 Avg Close $36.25 Range $28.53 - $42.77

Q4 2020

Shares 536,440 Value ($000) $20,068 Avg Close $25.94 Range $19.07 - $31.78

Q3 2020

Shares 554,498 Value ($000) $12,842 Avg Close $20.66 Range $17.92 - $23.56

Q2 2020

Shares 414,944 Value ($000) $11,440 Avg Close $21.90 Range $17.31 - $26.55

Q1 2020

Shares 12,395 Value ($000) $328 Avg Close $29.65 Range $18.68 - $34.23

Q4 2019

Shares 15,995 Value ($000) $665 Avg Close $32.25 Range $29.02 - $34.47

Q3 2019

Shares 15,995 Value ($000) $602 Avg Close $29.96 Range $27.57 - $32.15

Q2 2019

Shares 43,405 Value ($000) $1,645 Avg Close $29.19 Range $26.41 - $31.49

Q1 2019

Shares 65,610 Value ($000) $2,418 Avg Close $30.32 Range $26.50 - $32.91

Q4 2018

Shares 64,770 Value ($000) $2,220 Avg Close $31.95 Range $25.67 - $36.14

Q3 2018

Shares 50,500 Value ($000) $2,272 Avg Close $37.27 Range $35.16 - $39.45

Q2 2018

Shares 45,645 Value ($000) $2,118 Avg Close $34.96 Range $31.66 - $38.47

Q1 2018

Shares 45,645 Value ($000) $1,903 Avg Close $33.20 Range $31.09 - $34.82

Q4 2017

Shares 45,625 Value ($000) $1,919 Avg Close $33.01 Range $29.02 - $35.20

Q3 2017

Shares 102,770 Value ($000) $4,412 Avg Close $30.64 Range $28.63 - $33.44

Q2 2017

Shares 498,910 Value ($000) $20,026 Avg Close $30.90 Range $28.32 - $33.41

Q1 2017

Shares 502,280 Value ($000) $19,750 Avg Close $29.75 Range $26.87 - $32.13

Q4 2016

Shares 516,650 Value ($000) $19,452 Avg Close $24.15 Range $19.60 - $28.97

Q3 2016

Shares 522,750 Value ($000) $13,984 Avg Close $19.98 Range $18.03 - $20.70

Q2 2016

Shares 459,065 Value ($000) $11,444 Avg Close $18.70 Range $16.99 - $20.04

Q1 2016

Shares 459,555 Value ($000) $10,831 Avg Close $17.09 Range $15.76 - $18.88

Q4 2015

Shares 521,456 Value ($000) $13,255 Avg Close $19.62 Range $18.41 - $20.54

Q3 2015

Shares 543,131 Value ($000) $14,240 Avg Close $19.18 Range $18.23 - $19.83

Q2 2015

Shares 564,221 Value ($000) $13,936 Avg Close $17.41 Range $16.29 - $18.80

Q1 2015

Shares 568,145 Value ($000) $13,374 Avg Close $16.75 Range $15.70 - $17.66

Q4 2014

Shares 614,650 Value ($000) $13,983 Avg Close $15.93 Range $14.60 - $17.19

Q3 2014

Shares 617,450 Value ($000) $12,478 Avg Close $14.88 Range $14.19 - $16.12

Q2 2014

Shares 701,342 Value ($000) $14,826 Avg Close $15.12 Range $14.08 - $16.56

Q1 2014

Shares 573,312 Value ($000) $12,406 Avg Close $15.38 Range $14.30 - $16.42

Q4 2013

Shares 498,562 Value ($000) $11,328 Avg Close $14.49 Range $12.54 - $16.92

Q3 2013

Shares 437,797 Value ($000) $7,587 Avg Close $12.95 Range $12.05 - $13.80

Q2 2013

Shares 448,602 Value ($000) $7,693 Avg Close $11.60 Range $10.12 - $12.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	778,328	$29,172	$36.79	$34.33 - $39.38
Q3 2025	762,042	$28,729	$39.26	$36.09 - $41.68
Q2 2025	760,551	$29,129	$36.08	$32.21 - $39.15
Q1 2025	745,408	$30,144	$40.25	$35.90 - $43.98
Q4 2024	749,055	$29,880	$38.77	$33.60 - $44.12
Q3 2024	682,675	$25,396	$35.16	$30.58 - $40.22
Q2 2024	589,356	$19,620	$31.40	$28.94 - $33.99
Q1 2024	593,937	$20,728	$31.96	$30.07 - $35.11
Q4 2023	601,676	$22,310	$28.54	$23.58 - $35.39
Q3 2023	592,756	$16,490	$27.26	$24.70 - $29.80
Q2 2023	594,628	$16,786	$25.52	$21.95 - $29.76
Q1 2023	612,828	$20,193	$35.28	$28.79 - $39.06
Q4 2022	630,186	$25,907	$37.35	$34.12 - $39.72
Q3 2022	647,548	$25,047	$34.80	$29.80 - $38.54
Q2 2022	633,921	$22,580	$34.25	$30.68 - $38.66
Q1 2022	621,491	$25,854	$37.52	$35.45 - $39.76
Q4 2021	626,749	$26,255	$35.95	$33.30 - $37.79
Q3 2021	642,368	$26,877	$34.62	$32.24 - $36.96
Q2 2021	621,512	$25,898	$38.60	$35.07 - $41.15
Q1 2021	528,518	$24,576	$36.25	$28.53 - $42.77
Q4 2020	536,440	$20,068	$25.94	$19.07 - $31.78
Q3 2020	554,498	$12,842	$20.66	$17.92 - $23.56
Q2 2020	414,944	$11,440	$21.90	$17.31 - $26.55
Q1 2020	12,395	$328	$29.65	$18.68 - $34.23
Q4 2019	15,995	$665	$32.25	$29.02 - $34.47
Q3 2019	15,995	$602	$29.96	$27.57 - $32.15
Q2 2019	43,405	$1,645	$29.19	$26.41 - $31.49
Q1 2019	65,610	$2,418	$30.32	$26.50 - $32.91
Q4 2018	64,770	$2,220	$31.95	$25.67 - $36.14
Q3 2018	50,500	$2,272	$37.27	$35.16 - $39.45
Q2 2018	45,645	$2,118	$34.96	$31.66 - $38.47
Q1 2018	45,645	$1,903	$33.20	$31.09 - $34.82
Q4 2017	45,625	$1,919	$33.01	$29.02 - $35.20
Q3 2017	102,770	$4,412	$30.64	$28.63 - $33.44
Q2 2017	498,910	$20,026	$30.90	$28.32 - $33.41
Q1 2017	502,280	$19,750	$29.75	$26.87 - $32.13
Q4 2016	516,650	$19,452	$24.15	$19.60 - $28.97
Q3 2016	522,750	$13,984	$19.98	$18.03 - $20.70
Q2 2016	459,065	$11,444	$18.70	$16.99 - $20.04
Q1 2016	459,555	$10,831	$17.09	$15.76 - $18.88
Q4 2015	521,456	$13,255	$19.62	$18.41 - $20.54
Q3 2015	543,131	$14,240	$19.18	$18.23 - $19.83
Q2 2015	564,221	$13,936	$17.41	$16.29 - $18.80
Q1 2015	568,145	$13,374	$16.75	$15.70 - $17.66
Q4 2014	614,650	$13,983	$15.93	$14.60 - $17.19
Q3 2014	617,450	$12,478	$14.88	$14.19 - $16.12
Q2 2014	701,342	$14,826	$15.12	$14.08 - $16.56
Q1 2014	573,312	$12,406	$15.38	$14.30 - $16.42
Q4 2013	498,562	$11,328	$14.49	$12.54 - $16.92
Q3 2013	437,797	$7,587	$12.95	$12.05 - $13.80
Q2 2013	448,602	$7,693	$11.60	$10.12 - $12.60