Form 4: First Mid Bancshares EVP Sells Shares

First Mid Bancshares EVP Chief Retail Banking Officer Stas R. Wolak reported the sale of 430 shares of common stock at $43.67 per share.

Summary

• Stas R. Wolak, EVP Chief Retail Banking Officer of First Mid Bancshares, Inc. (FMBH), reported the sale of common stock.
• The transaction involved the disposition of 430 shares of common stock.
• The shares were sold at a price of $43.67 per share.
• The transaction date was February 20, 2026.
• Following this transaction, Mr. Wolak directly beneficially owns 3,630 shares of common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a pre-planned transaction under a 10b5-1 plan, which typically mitigates any negative sentiment associated with insider selling.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even those pre-scheduled under Rule 10b5-1 plans, are routinely monitored by investors for potential signals regarding management's view of future company prospects or personal liquidity needs. This transaction is typical for executives managing their equity holdings.

Stakeholder Impact

• Shareholders may note the executive's reduction in direct holdings, though the pre-planned nature of the sale under Rule 10b5-1 typically lessens concerns about management's confidence in the company's future.

Key Dates

Recommendation

The insider sale is a pre-planned transaction under a 10b5-1 plan, which is a routine event for executives managing their personal finances and equity holdings. It does not provide new fundamental information about the company's performance or outlook to warrant a change in investment recommendation based solely on this filing.

Keywords

First Mid Bancshares, FMBH, Insider Trading, Stock Sale, Executive Compensation, Form 4, Stas R. Wolak, 10b5-1 Plan