Form 4: First Mid Bancshares Director Westerhold Reports Acquisition of Shares Through Deferred Compensation Plan

Director Mary Westerhold reports acquiring 423.5036 shares of First Mid Bancshares, Inc. through a deferred compensation plan at a price of $31.57 per share.

Summary

• On April 2, 2024, Mary Westerhold, a director of First Mid Bancshares, Inc. (FMBH), acquired 423.5036 shares of common stock through the company's Deferred Compensation Plan.
• The shares were purchased at a price of $31.57 per share.
• Following the transaction, Westerhold directly owns 2,200 shares and indirectly owns a total of 292,826.9372 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: 5

Explanation: The document is a neutral regulatory filing, reflecting a standard transaction. It doesn't inherently convey positive or negative sentiment.

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 related to insider trading activity, which is common among publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates