Independent Director · FIRST MERCHANTS CORP (FRME)

Chair, Compensation Committee

Gary J. Lehman — FIRST MERCHANTS Director Compensation (2025)

Fiscal year 2025 director compensation for Gary J. Lehman at FIRST MERCHANTS CORP. Every figure below is printed as the company filed it and cited to the filing it came from.

Director compensation as of the proxy filed April 3, 2026 (DEF 14A). Open the filing on EDGAR.

What they were paid

FIRST MERCHANTS Director Compensation Table · all 2 fiscal years held
In US dollars, as FIRST MERCHANTS reports it. Most recent year first. Totals are the company’s disclosed totals.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025$67,576$87,424$0$10,313$165,313
FY2024$67,547$87,452—$9,254$164,253

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FIRST MERCHANTS CORP DEF 14A filed April 3, 2026, accession 0000712534-26-000025, and prior-year filings. Open the filing on EDGAR.

How this board is paid

company policy · FY2025

FIRST MERCHANTS pays directors a $140,000 cash retainer.

Committees

FY2025 · as the proxy prints them

Compensation (Chair)

The rest of the FIRST MERCHANTS board

FY2025 · as the company reported each
DirectorRoleFY2025 total
Clark C. KelloggIndependent Director$155,674
F. Howard HaldermanIndependent Director$168,614
Jason R. SondhiIndependent Director$160,402
Jean L. WojtowiczChair of the Board$213,796
Kevin D. JohnsonIndependent Director$156,804
Larry W. MyersIndependent Director$0
Michael C. RechinIndependent Director$165,966
Michael J. FisherIndependent Director$150,313
Michael R. BecherIndependent Director$166,459
Mung ChiangIndependent Director$153,995
Patrick J. FehringIndependent Director$155,523
Susan W. BrooksIndependent Director$155,625

The full FIRST MERCHANTS compensation record

free company brief

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