Form 4: First Mid Bancshares Executive Sells Shares

A First Mid Bancshares executive, Clay M. Dean, sold 400 shares of common stock at $42.2063 per share on November 21, 2024.

Summary

• Clay M. Dean, an officer at First Mid Bancshares, sold 400 shares of common stock on November 21, 2024.
• The sale price was $42.2063 per share.
• Following the transaction, Mr. Dean directly owns 10,850.1429 shares.
• He also indirectly owns 3,851.5906 shares through a 401k and 4,081.9259 shares through a deferred compensation plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing for an insider stock sale, which is neither positive nor negative in itself. It's a neutral event.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States.
• The sale of shares by an executive is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by executives at comparable financial institutions such as Old National Bancorp (ONB) and Heartland Financial USA (HTLF).

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is generally not a significant event.

Key Dates

Keywords

First Mid Bancshares, FMBH, insider trading, stock sale, executive, common stock, Form 4