First Mid director adds shares via comp plan
Zimmer James Edwin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Zimmer James Edwin reported acquisition or exercise transactions in this Form 4 filing.
FIRST MID BANCSHARES, INC. director James Edwin Zimmer reported a routine update to his holdings. He received 259.9499 shares of common stock credited to an account under the Company’s Deferred Compensation Plan at $48.7864 per share, described as a planned quarterly purchase. After this award, that deferred compensation account held 18,604.4422 shares. The filing also lists indirect holdings of 4,050 shares in an IRA and 217 shares held in five custodial accounts for his grandchildren under the Illinois Uniform Transfers to Minors Act, where he disclaims beneficial ownership except for any pecuniary interest, plus 6,068.3391 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 259.9499 shares
Grant/Award
4 txns
Insider
Zimmer James Edwin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 259.9499 | $48.7864 | $13K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,604.4422 shares (Indirect, By Deferred Compensation Plan);
Common Stock — 6,068.3391 shares (Direct);
Common Stock — 217 shares (Indirect, As Custodian for Grandchildren);
Common Stock — 4,050 shares (Indirect, by IRA)
Footnotes (2)
- F1. The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan.
- F2. The reported securities are held in five separate custodial accounts for the benefit of the reporting person's grandchildren under the Illinois Uniform Transfers to Minors Act, for which the reporting person serves as custodian. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
Key Figures
Deferred Plan Award: 259.9499 shares
Award Price: $48.7864 per share
Deferred Plan Balance: 18,604.4422 shares
+3 more
6 metrics
Deferred Plan Award
259.9499 shares
Common Stock grant under Deferred Compensation Plan
Award Price
$48.7864 per share
Price for Deferred Compensation Plan purchase
Deferred Plan Balance
18,604.4422 shares
Total shares in Deferred Compensation Plan after award
IRA Holdings
4,050 shares
Indirect ownership by IRA
Custodial Grandchildren Holdings
217 shares
Custodial accounts under Illinois Uniform Transfers to Minors Act
Direct Holdings
6,068.3391 shares
Directly held common stock after reported entries
Key Terms
Deferred Compensation Plan, Illinois Uniform Transfers to Minors Act, pecuniary interest, indirect ownership
4 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.
Illinois Uniform Transfers to Minors Act financial
"custodial accounts for the benefit of the reporting person's grandchildren under the Illinois Uniform Transfers to Minors Act"
pecuniary interest financial
"The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest."
indirect ownership financial
"ownership_type": "indirect""
FAQ
What did James Edwin Zimmer report in this Form 4 for FMBH?
He reported a routine update to his holdings, including a new award of 259.9499 First Mid Bancshares shares via the Company’s Deferred Compensation Plan and updated totals for his direct and indirect positions.
Was the FMBH Form 4 a market buy or sell by James Edwin Zimmer?
It was not an open-market buy or sell. The filing shows a grant of 259.9499 common shares credited under a Deferred Compensation Plan as a planned quarterly purchase, plus other holdings entries without new market transactions.
What other FMBH holdings are reported for James Edwin Zimmer?
The filing lists 4,050 shares held indirectly through an IRA, 217 shares in five custodial accounts for his grandchildren under the Illinois Uniform Transfers to Minors Act, and 6,068.3391 shares held directly in his own name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
