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

Director Mary Westerhold acquired 411.9581 shares of First Mid Bancshares through the company's Deferred Compensation Plan at a price of $32.57 per share.

Summary

• On July 3, 2024, Mary Westerhold, a director of First Mid Bancshares, acquired 411.9581 shares of common stock through the company's Deferred Compensation Plan.
• The acquisition price was $32.57 per share.
• Following the transaction, Westerhold directly owns 2,200 shares and indirectly owns a total of 300,545.5569 shares through various entities including a Deferred Compensation Plan, IRA, LLCs, and Trusts.
• The reporting person disclaims beneficial ownership of the common stock held by the trusts except to the extent of her pecuniary interest therein.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the director's purchase could be seen as a positive signal, but it's not a major event.

Positives

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

Industry Context

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

Stakeholder Impact

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

Key Dates