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

Director Robert S. Cook acquired shares of First Mid Bancshares through the company's Deferred Compensation Plan.

Summary

• On April 2, 2025, Robert S. Cook, a director of First Mid Bancshares, Inc. (FMBH), acquired 387.3644 shares of common stock at a price of $34.7865 per share.
• The acquisition was made through the company's Deferred Compensation Plan.
• Following the transaction, Cook directly owns 17,022 shares and indirectly owns 5,304.1399 shares through the Deferred Compensation Plan, 11,980 shares as custodian for children, 6,106 shares through an IRA, 13,814 shares through an LLC, and 244 shares through a spouse.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares through a compensation plan is generally a good sign, indicating confidence in the company's performance.

Positives

• The director's participation in the Deferred Compensation Plan signals confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements, but the director's continued investment suggests a positive outlook.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's prospects. Acquisitions by directors are generally viewed positively.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

First Mid Bancshares, FMBH, Robert S. Cook, Director, Share Acquisition, Deferred Compensation Plan, Form 4, Insider Trading