Form 4: First Mid Bancshares EVP Sells Shares for Tax
Statement of Changes in Beneficial Ownership
First Mid Bancshares EVP Jason M. Crowder disposed of 411 shares of common stock at $42.29 per share to cover tax obligations from vested restricted stock.
Summary
- Jason M. Crowder, Executive Vice President and General Counsel of FIRST MID BANCSHARES, INC. (FMBH), reported a transaction on December 15, 2025.
- The transaction involved the disposition of 411 shares of common stock at a price of $42.29 per share.
- These shares were withheld to satisfy income tax withholding obligations in connection with the vesting of restricted stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
- Following this transaction, Mr. Crowder directly beneficially owns 10,164.3324 shares of common stock.
- Additionally, Mr. Crowder indirectly beneficially owns 10,693.845 shares of common stock through a Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary disposition of shares to cover tax liabilities upon the vesting of restricted stock, which typically has a neutral impact on market sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This insider transaction is a routine event related to executive compensation and tax obligations, and it does not provide specific insights into broader industry trends or competitive landscape for the banking sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Disclosure | 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). | 12/15/2025 | This indicates a pre-arranged trading plan, enhancing transparency and mitigating concerns about opportunistic insider trading. |
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/15/2025 | Date of earliest transaction (disposition of common stock). |
| 12/17/2025 | Date the Form 4 was signed by the attorney-in-fact for Mr. Crowder. |
Keywords
FMBH, First Mid Bancshares, Insider Transaction, Form 4, Executive Compensation, Stock Sale, Tax Withholding, Restricted Stock
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