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

Director Zachary Horn increased his holdings in First Mid Bancshares through a planned purchase under the company's Deferred Compensation Plan.

Summary

• On April 2, 2025, Zachary Horn, a director of First Mid Bancshares, acquired 347.5419 shares of common stock at a price of $34.7865 per share.
• These shares were acquired through the company's Deferred Compensation Plan.
• Following the transaction, Horn directly owns 5,922.3055 shares and indirectly owns 6,669.0509 shares through the Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction under a pre-existing compensation plan. It indicates confidence from the director but isn't a major market-moving event.

Positives

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

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

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

Keywords

First Mid Bancshares, FMBH, Zachary Horn, Director, Share Acquisition, Deferred Compensation Plan, Form 4, Insider Trading