Form 4: Director Mary Westerhold Increases FMBH Stake
Statement of Changes in Beneficial Ownership
Director Mary Westerhold acquired 323.31 shares of First Mid Bancshares, Inc. through a deferred compensation plan.
Summary
- Director Mary Westerhold acquired 323.3129 shares of First Mid Bancshares, Inc. (FMBH) common stock.
- The transaction occurred on April 2, 2026, at a price of $41.15 per share.
- The acquisition was made via the company's Deferred Compensation Plan.
- Following this transaction, the director's total indirect holdings through the plan increased to 15,278.8677 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director equity holdings.
Positives
- Director demonstrates continued commitment to the company through ongoing participation in the deferred compensation plan.
- The acquisition reflects an alignment of interests between the director and shareholders.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is an insider transaction report.
Industry Context
StockSavvy.ai notes that routine insider acquisitions via deferred compensation plans are standard corporate governance practices, signaling long-term confidence from board members in regional banking institutions.
Comparison to Industry Standards
- The transaction is consistent with standard director compensation and equity accumulation practices observed in the regional banking sector.
Stakeholder Impact
- Positive signal for shareholders regarding director confidence in the company's long-term value.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/02/2026 | Date of the reported stock acquisition transaction. |
| 04/06/2026 | Date the Form 4 was signed and filed. |
Keywords
FMBH, First Mid Bancshares, Insider Trading, Form 4, Director Ownership
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