Form 4: First Mid Bancshares SVP, Chief Human Resources Officer Rhonda G Gatons Reports Acquisition of 2,420 Shares

Rhonda G Gatons, SVP, Chief Human Resources Officer of First Mid Bancshares, reports acquiring 2,420 shares of common stock at $38.96 per share on January 27, 2025, and beneficially owns 1,239.2528 shares indirectly through a 401k plan.

Summary

• On January 27, 2025, Rhonda G Gatons, SVP, Chief Human Resources Officer of First Mid Bancshares, acquired 2,420 shares of common stock at a price of $38.96 per share.
• Following this transaction, Ms. Gatons directly owns 9,918 shares of First Mid Bancshares.
• Ms. Gatons also indirectly owns 1,239.2528 shares through a 401k plan.
• The acquired shares represent an award under the Company's Long Term Incentive Plan and will vest in three equal installments beginning on December 15, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an officer, suggesting confidence but not necessarily a major positive catalyst.

Positives

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

Future Outlook

The shares acquired are subject to a vesting schedule, with 1/3 vesting each year beginning on December 15, 2025, indicating a long-term incentive for the reporting person.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the financial industry. Investors often monitor these filings for insights into management's confidence in the company's prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company officer.

Key Dates