Form 4: First Mid Bancshares Director Acquires Shares Through Deferred Compensation Plan

Robert S. Cook, a director at First Mid Bancshares, acquired 380.0534 shares of common stock through the company's Deferred Compensation Plan.

Summary

• Robert S. Cook, a director of First Mid Bancshares, acquired 380.0534 shares of common stock on January 3, 2025.
• The shares were purchased at a price of $35.59 per share.
• The acquisition was made through the company's Deferred Compensation Plan.
• Following the transaction, Mr. Cook's total holdings include 4,886.0485 shares held indirectly through the Deferred Compensation Plan, 16,322 shares held directly, 11,980 shares held indirectly as custodian for children, 0 shares held indirectly by 401k, 6,106 shares held indirectly by IRA, 13,814 shares held indirectly by LLC, and 244 shares held indirectly by spouse.

Sentiment

Score: 6

Explanation: The document is a routine filing of a stock purchase by a director, which is neither particularly positive nor negative. It indicates a director's continued investment in the company.

Positives

• The acquisition of shares by a director may indicate confidence in the company's future performance.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, and this filing is consistent with those requirements.
• The transaction is a routine purchase under a deferred compensation plan, which is a common method of compensation for executives and directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates a director's confidence in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, First Mid Bancshares, Director, Robert S. Cook, Deferred Compensation Plan, Stock Acquisition, FMBH