Company: FRME
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0000712534-25-000132
Chunk: 15

Company: FIRST MERCHANTS CORP
Filing Date: 2025-06-20
Form: 11-K
Chunk 15
---
| *Lincoln Stable Value Account                               |     |                                                               | 8,258,383 |     | shares |     | $                 |  10,197,192 |
| Self-Directed Brokerage Accounts                            |     |                                                               |           |     |        |     |                   |             |
| *Charles Schwab & Co PCRA                                   |     |                                                               |           |     |        |     | $                 |   1,878,460 |
| *Participant Loans                                          |     | 4.25% - 9.5%, 1/2025 - 8/2043                                 |           |     |        |     | $                 |   2,791,900 |
| Total                                                       |     |                                                               |           |     |        |     | $                 | 260,527,571 |
| *Party-in-interest                                          |     |                                                               |           |     |        |     |                   |             |

<div align='center'>17</div>

#### Exhibit Listing
| Exhibit 23 |     | Consent of Independent Registered Public Accounting Firm |

<div align='center'>18</div>

### Signatures
The Plan . Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

DATE: June 20, 2025

| First Merchants Corporation Retirement Income and Savings Plan |
| By:/s/ Michele M. Kawiecki                                     |
| Michele M. Kawiecki                                            |
| Executive Vice President,                                      |
| Chief Financial Officer                                        |
| (Principal Financial and Accounting Officer)                   |

<div align='center'>19</div>