Form 4: FMBH Director Cook Boosts Stake via Deferred Comp Plan
Insider Transaction Report
First Mid Bancshares Director Robert S. Cook acquired 364.3139 shares of common stock at $37.08 per share through a planned deferred compensation purchase.
Summary
- Director Robert S. Cook acquired 364.3139 shares of First Mid Bancshares, Inc. common stock.
- The transaction occurred on October 2, 2025, at a price of $37.08 per share.
- This acquisition was part of a planned quarterly purchase under the company's Deferred Compensation Plan.
- Following this transaction, Mr. Cook's beneficial ownership includes 6,085.9313 shares indirectly through the Deferred Compensation Plan, 17,022 shares directly, 11,980 shares indirectly as custodian for children, 6,106 shares indirectly by IRA, 13,814 shares indirectly by LLC, and 244 shares indirectly by spouse.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even through a planned deferred compensation program, generally signals confidence in the company's future prospects.
Positives
- Director Robert S. Cook increased his beneficial ownership in First Mid Bancshares, Inc. by acquiring 364.3139 shares.
- The acquisition was made at a price of $37.08 per share, reflecting a specific valuation at the time of the planned purchase.
- The transaction was executed as a planned quarterly purchase under the Company's Deferred Compensation Plan, suggesting a systematic and long-term commitment by the director.
Related Party Transactions
- Acquisition of shares by Director Robert S. Cook through the Company's Deferred Compensation Plan.
Stakeholder Impact
- Shareholders may view the director's increased stake as a positive signal of confidence in the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 10/02/2025 | Date of common stock acquisition by Director Robert S. Cook. |
| 10/03/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Recommendation
holdWhile a director's planned acquisition of shares through a deferred compensation plan is a positive signal of confidence, it is a routine transaction and typically not significant enough on its own to warrant a change in investment recommendation. It reinforces a 'hold' position for existing investors.
Keywords
FMBH, First Mid Bancshares, Robert S. Cook, Director, Stock Acquisition, Insider Transaction, Form 4, Deferred Compensation, Common Stock
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