Form 4: First Mid Bancshares EVP, Chief Lending Officer McRae Eric S Reports Acquisition of Common Stock

Eric S McRae, EVP and Chief Lending Officer of First Mid Bancshares, reports acquiring common stock through a planned quarterly purchase under the company's Deferred Compensation Plan.

Summary

• On April 2, 2025, Eric S McRae, the EVP and Chief Lending Officer of First Mid Bancshares, acquired 99.5855 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, McRae directly owns 31,596.4315 shares of common stock.
• McRae also indirectly owns shares through a Deferred Compensation Plan (7,713.3226 shares), a 401k Plan (4,443.6779 shares), and an IRA (2,601.6137 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as insider buying often signals confidence in the company's prospects.

Key Dates

Keywords

Form 4, Beneficial Ownership, Executive Compensation, Stock Acquisition, FMBH, First Mid Bancshares, McRae Eric S, Deferred Compensation Plan