Form 4: First Mid Bancshares Director Acquires Shares Through Deferred Compensation Plan
SEC Form 4
Director Gisele A. Marcus acquired additional shares of First Mid Bancshares through the company's Deferred Compensation Plan.
Summary
- On October 2, 2024, Gisele A. Marcus, a director of First Mid Bancshares, acquired 331.8048 shares of common stock through the company's Deferred Compensation Plan.
- The price per share was $37.374.
- Following the transaction, Ms. Marcus directly owns 1,925 shares and indirectly owns 2,887.661 shares through the Deferred Compensation Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction within a deferred compensation plan, indicating alignment between the director and the company's long-term performance.
Positives
- The director's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.
Industry Context
Directors commonly participate in deferred compensation plans as part of their overall compensation strategy, aligning their interests with the long-term performance of the company. This is a routine transaction.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of transaction: Acquisition of shares through Deferred Compensation Plan |
| 10/03/2024 | Date of signature on the Form 4 filing |
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