First Mid Bancshares (FMBH) director adds shares via deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST MID BANCSHARES, INC. director Mary Westerhold indirectly acquired additional common stock through compensation, not an open-market trade. She received 323.3129 shares at $41.15 per share via a planned quarterly purchase under the company’s Deferred Compensation Plan, bringing that plan’s holdings to 15,278.8677 shares. The filing also lists her indirect holdings in an IRA, several LLCs and family trusts, plus 3,675 shares held directly, with trust interests subject to customary pecuniary-interest disclaimers.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Westerhold Mary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 323.313 | $41.15 | $13K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,278.868 shares (Indirect, By Deferred Compensation Plan);
Common Stock — 3,675 shares (Direct)
Footnotes (1)
- The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended The reporting person is a co-manager of the LLC. The reporting person is a co-trustee of these trusts, and the members of her immediate family are beneficiaries of the trusts. The reporting person disclaims beneficial ownership of the common stock held by the trusts except to the extent of her pecuniary interest therein.
Key Figures
Shares acquired via plan: 323.3129 shares
Acquisition price: $41.15 per share
Deferred plan holdings after: 15,278.8677 shares
+5 more
8 metrics
Shares acquired via plan
323.3129 shares
Deferred Compensation Plan acquisition on 2026-04-02
Acquisition price
$41.15 per share
Price for Deferred Compensation Plan purchase
Deferred plan holdings after
15,278.8677 shares
Total common stock in Deferred Compensation Plan after acquisition
IRA indirect holdings
1,960.0000 shares
Common stock held indirectly by IRA as of 2026-04-02
LLC 1 indirect holdings
50,236.0000 shares
Common stock held indirectly by LLC 1 as of 2026-04-02
LLC 2 indirect holdings
56,224.0000 shares
Common stock held indirectly by LLC 2 as of 2026-04-02
Trusts 1 indirect holdings
45,892.0000 shares
Common stock held by Trusts 1; beneficial ownership partly disclaimed
Direct holdings
3,675.0000 shares
Common stock held directly by Mary Westerhold as of 2026-04-02
Key Terms
Deferred Compensation Plan, planned quarterly purchase, Section 16 of the Securities Exchange Act of 1934, co-manager of the LLC, +2 more
6 terms
Deferred Compensation Plan financial
"The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
planned quarterly purchase financial
"The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan."
Section 16 of the Securities Exchange Act of 1934 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
co-manager of the LLC financial
"The reporting person is a co-manager of the LLC."
co-trustee of these trusts financial
"The reporting person is a co-trustee of these trusts, and the members of her immediate family are beneficiaries of the trusts."
pecuniary interest financial
"The reporting person disclaims beneficial ownership of the common stock held by the trusts except to the extent of her pecuniary interest therein."
FAQ
What insider transaction did Mary Westerhold report for FMBH?
Mary Westerhold reported an indirect acquisition of First Mid Bancshares common stock. She received 323.3129 shares at $41.15 per share through a planned quarterly purchase under the company’s Deferred Compensation Plan, a routine compensation-related transaction rather than an open-market trade.
What are Mary Westerhold’s FMBH holdings in the Deferred Compensation Plan?
After the reported transaction, Mary Westerhold’s Deferred Compensation Plan account reflects 15,278.8677 shares of First Mid Bancshares common stock. These shares are held indirectly through the plan, which executes planned quarterly purchases rather than discretionary market trades by the director.
Was Westerhold’s FMBH stock acquisition pre-planned or discretionary?
The acquisition was pre-planned. A footnote states the shares were acquired via a planned quarterly purchase under First Mid Bancshares’ Deferred Compensation Plan, indicating a scheduled compensation mechanism rather than a discretionary market-timing decision by Mary Westerhold.