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

Director Mary Westerhold reports acquiring shares of First Mid Bancshares through a deferred compensation plan, along with indirect ownership through IRA, LLCs, and trusts.

Summary

• On April 2, 2025, Mary Westerhold, a director of First Mid Bancshares, acquired 383.7443 shares of common stock through the company's Deferred Compensation Plan at a price of $34.7865 per share.
• Following this transaction, Westerhold's directly held shares amount to 2,900.
• Westerhold also has indirect ownership through various entities, including an IRA (1,960 shares), LLCs (50,236, 56,224, and 129,869 shares), spouse's IRA (0 shares), and trusts (45,892 and 16,454 shares).

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition through a deferred compensation plan. No significant positive or negative implications.

Positives

• The acquisition of shares through the Deferred Compensation Plan indicates Westerhold's continued investment in the company's future.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to insider buying.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, First Mid Bancshares, FMBH, Westerhold, Deferred Compensation Plan, Shares, Acquisition