Form 4: First Mid Bancshares Director Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director James Edwin Zimmer acquired shares of First Mid Bancshares through the company's Deferred Compensation Plan.
Summary
- On January 3, 2025, James Edwin Zimmer, a director of First Mid Bancshares, acquired 358.7419 shares of common stock through the company's Deferred Compensation Plan.
- The acquisition price was $35.59 per share.
- Following the transaction, Zimmer directly owns 4,390.5984 shares and indirectly owns 16,035.6181 shares through a Deferred Compensation Plan and 3,050 shares through an IRA.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction. The director's participation in the deferred compensation plan could be seen as a positive signal, but it's not a major event.
Positives
- The director's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency into their investment decisions.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of transaction: Acquisition of shares through Deferred Compensation Plan |
| 01/06/2025 | Date of signature for the Form 4 filing |
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