Form 4: First Mid Bancshares Director Acquires Shares Through Annual Equity Grant

Director Holly B. Adams acquired 700 shares of First Mid Bancshares common stock through an annual equity grant.

Summary

• Holly B. Adams, a director at First Mid Bancshares, acquired 700 shares of common stock on January 27, 2025.
• The shares were acquired at a price of $38.96 per share, totaling $27,272.
• This acquisition was part of an annual equity grant to directors.
• Following the transaction, Ms. Adams directly owns 152,224.5754 shares of common stock.
• She also indirectly owns 271,146.352 shares through a trust and 4,850.5155 shares through a deferred compensation plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests. There are no indications of negative sentiment.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The annual equity grant aligns director interests with shareholder interests.

Industry Context

This is a routine filing related to director compensation and is common in the financial services industry.

Comparison to Industry Standards

• Equity grants to directors are a standard practice in the banking industry, aligning their interests with shareholders.
• Many financial institutions use similar methods to compensate and incentivize their board members.
• The size of the grant is typical for a director at a company of First Mid Bancshares' size.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

First Mid Bancshares, FMBH, Director, Holly B. Adams, Equity Grant, Share Acquisition, Beneficial Ownership, Form 4