Form 4: First Mid Bancshares CEO Dively Reports Stock Transaction

First Mid Bancshares' Chairman and CEO, Joseph R. Dively, reported a routine disposition of 2,897 common shares to cover tax obligations related to vested restricted stock.

Summary

• Joseph R. Dively, Chairman & CEO of First Mid Bancshares, Inc. (FMBH), reported a transaction on December 15, 2025.
• 2,897 shares of common stock were disposed of at a price of $42.29 per share.
• This disposition was to satisfy income tax withholding obligations associated with vested restricted stock.
• Following the transaction, Mr. Dively directly owns 95,611.9989 shares and indirectly owns 67,199.8026 shares through a Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary event related to tax withholding on vested restricted stock, indicating a neutral sentiment as it's a standard part of executive compensation and tax planning.

Positives

• The transaction is a routine event related to the vesting of restricted stock, indicating previously granted equity compensation.

Negatives

• A reduction in direct share ownership, though for a standard tax purpose.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

First Mid Bancshares, FMBH, Joseph R Dively, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock, CEO, Director