Form 4: First Mid Bancshares Executive Acquires Shares Through Deferred Compensation Plan

Jason M. Crowder, SVP and General Counsel of First Mid Bancshares, acquired shares through the company's Deferred Compensation Plan.

Summary

• Jason M. Crowder, a Senior Vice President and General Counsel at First Mid Bancshares, acquired 54.2689 shares of common stock on January 3, 2025.
• The shares were purchased at a price of $35.59 per share.
• These shares were acquired through the company's Deferred Compensation Plan.
• Following the transaction, Mr. Crowder directly owns 7,995.4408 shares and indirectly owns 8,674.2079 shares through the Deferred Compensation Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally neutral to positive. The executive's participation in the deferred compensation plan suggests confidence in the company.

Positives

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

Industry Context

This is a routine filing related to executive compensation and is common in the financial services industry.

Comparison to Industry Standards

• Many financial institutions offer deferred compensation plans to their executives, and this transaction is consistent with standard practices.
• Similar filings are regularly made by executives at comparable companies such as Old National Bancorp (ONB) and Heartland Financial USA (HTLF) when they acquire shares through similar compensation plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates executive confidence in the company.

Key Dates

Keywords

First Mid Bancshares, FMBH, insider trading, stock acquisition, deferred compensation, executive, Jason M. Crowder, common stock