First Mid Bancshares (FMBH) president granted 4,950-share stock award

Rhea-AI Filing Summary

First Mid Bancshares, Inc. reported that President Matthew K. Smith received an award of 4,950 shares of common stock on February 2, 2026 under the company’s Long Term Incentive Plan at a reference price of $43.58 per share. The award will vest in three equal installments each year starting on December 15, 2026. After this grant, Smith directly beneficially owned 22,508 common shares and indirectly held 2,057.2142 common shares through a deferred compensation plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH MATTHEW K

(Last) (First) (Middle)

1421 CHARLESTON AVE

(Street)

MATTOON IL 61938

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST MID BANCSHARES, INC. [ FMBH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/02/2026		A		4,950(1)	A	$43.58	22,508	D
Common Stock								2,057.2142	I	By Deferred Compensation Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares represent an award under the Company's Long Term Incentive Plan. The shares shall vest 1/3 each year beginning on December 15, 2026.

	/s/ Matthew K. Smith	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did FMBH report for President Matthew K. Smith?

First Mid Bancshares reported that President Matthew K. Smith received an award of 4,950 shares of common stock. This award was recorded at a reference price of $43.58 per share as part of the company’s Long Term Incentive Plan on February 2, 2026.

Is the Matthew K. Smith FMBH share transaction a purchase or an award?

The transaction is an award, not an open-market purchase. The 4,950 shares were granted under First Mid Bancshares’ Long Term Incentive Plan, meaning they were issued as equity compensation rather than bought by Smith on the market.

How do the 4,950 awarded FMBH shares to Matthew K. Smith vest over time?

The 4,950 awarded shares vest in three equal installments. They will vest at a rate of one-third of the total award each year, beginning on December 15, 2026, providing a multi‑year incentive tied to continued service and long‑term performance.

How many FMBH shares does Matthew K. Smith own after this Form 4 transaction?

After the award, Matthew K. Smith directly beneficially owned 22,508 shares of First Mid Bancshares common stock. In addition, he indirectly held 2,057.2142 common shares through a deferred compensation plan, reflecting both direct and indirect interests.

What role does Matthew K. Smith hold at First Mid Bancshares (FMBH)?

Matthew K. Smith is reported as an officer of First Mid Bancshares, serving in the role of President. His equity award of 4,950 shares under the Long Term Incentive Plan aligns his compensation with the company’s long‑term shareholder value.

What indirect FMBH share holdings does Matthew K. Smith report?

Beyond his direct holdings, Matthew K. Smith reports indirect ownership of 2,057.2142 First Mid Bancshares common shares. These shares are held through a deferred compensation plan, which typically accumulates share-based credits tied to his compensation arrangements.