Form 4: Insider Buys Shares in First Mid Bancshares
Insider Transaction Report
Robert S. Cook, a director at First Mid Bancshares, Inc., acquired 270.2445 shares through the company's Deferred Compensation Plan.
Summary
- Robert S. Cook, a director of First Mid Bancshares, Inc. (FMBH), reported the acquisition of 270.2445 shares of common stock on July 2, 2026.
- The acquisition was made through the company's Deferred Compensation Plan at a price of $48.7865 per share.
- Following this transaction, Mr. Cook's beneficial ownership of common stock is reported as 7,134.7323 shares held indirectly via the Deferred Compensation Plan.
- Additional holdings include 17,797 shares held directly, 11,980 shares held as custodian for children, 6,106 shares in a 401k, 13,814 shares in an IRA, and 244 shares held by an LLC, and shares held by his spouse.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a director increasing their stake through a planned program, indicating confidence without providing new financial performance data.
Positives
- Director Robert S. Cook increased his beneficial ownership of First Mid Bancshares, Inc. stock, indicating confidence in the company.
- The acquisition was made through a planned quarterly purchase under the company's Deferred Compensation Plan, suggesting a structured and consistent approach to insider investment.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider transactions, particularly purchases by directors, are often viewed by the market as a signal of management's confidence in the company's future prospects. This filing indicates a director's continued investment in First Mid Bancshares.
Stakeholder Impact
- Shareholders may view this as a positive signal of insider confidence in the company's value and future performance.
- Employees participating in the Deferred Compensation Plan may see this as an endorsement of the plan and the company's stock.
Key Dates
| Date | Description |
|---|---|
| 07/02/2026 | Transaction Date for acquisition of common stock by Robert S. Cook. |
| 07/06/2026 | Date of signature for the Form 4 filing. |
Keywords
First Mid Bancshares, FMBH, Insider Trading, Form 4, Director, Deferred Compensation Plan, Stock Acquisition
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