First Mid exec adds stock via deferral plan
FIRST MID BANCSHARES, INC. executive Eric S. McRae reported a compensation-related stock acquisition rather than an open-market trade.
Rhea-AI Filing Summary
FIRST MID BANCSHARES, INC. executive Eric S. McRae reported a compensation-related stock acquisition rather than an open-market trade. He received 87.0598 shares of common stock at $48.7865 per share through a planned quarterly purchase under the Company’s Deferred Compensation Plan, increasing his indirect holdings in that plan to 8,441.8304 shares.
The Form 4 also updates his other positions in First Mid common stock. Direct holdings are listed at 34,752.1229 shares, with additional indirect holdings of 2,602.1218 shares via an IRA and 4,583.6936 shares through a 401k Plan. These entries together show his current ownership across direct and retirement-related accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 87.0598 shares
Grant/Award
4 txns
Insider
McRae Eric S
Role
EVP, Chief Lending Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 87.0598 | $48.7865 | $4K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,441.8304 shares (Indirect, By Deferred Compensation Plan);
Common Stock — 34,752.1229 shares (Direct);
Common Stock — 4,583.6936 shares (Indirect, By 401k Plan);
Common Stock — 2,602.1218 shares (Indirect, By Ira)
Footnotes (1)
- F1. The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan.
Key Figures
Deferred plan shares acquired: 87.0598 shares
Plan purchase price: $48.7865 per share
Deferred plan holdings: 8,441.8304 shares
+3 more
6 metrics
Deferred plan shares acquired
87.0598 shares
Planned quarterly purchase under Deferred Compensation Plan
Plan purchase price
$48.7865 per share
Price for Deferred Compensation Plan acquisition
Deferred plan holdings
8,441.8304 shares
Indirect ownership via Deferred Compensation Plan after transaction
Direct holdings
34,752.1229 shares
Directly held First Mid common stock
IRA indirect holdings
2,602.1218 shares
Indirect ownership listed as By Ira
401k indirect holdings
4,583.6936 shares
Indirect ownership listed as By 401k Plan
Key Terms
Deferred Compensation Plan, 401k Plan, IRA, Common Stock
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.
401k Plan financial
"nature_of_ownership is reported as By 401k Plan for one indirect holding."
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
IRA financial
"nature_of_ownership is shown as By Ira, indicating an IRA-related indirect holding."
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Common Stock financial
"The security_title for all entries is listed as Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Eric S. McRae report in his latest Form 4 for FMBH?
Eric S. McRae reported a compensation-related acquisition of First Mid Bancshares stock. He received 87.0598 shares of common stock through a planned quarterly purchase under the Company’s Deferred Compensation Plan, updating his direct and indirect ownership positions across several accounts.
What is the Deferred Compensation Plan transaction reported for FMBH’s Eric S. McRae?
The transaction is a quarterly purchase under the Company’s Deferred Compensation Plan. McRae received 87.0598 shares of common stock, bringing his indirect holdings in that plan to 8,441.8304 shares, as part of a structured compensation program rather than discretionary market buying.
What are Eric S. McRae’s reported direct holdings of FMBH common stock?
McRae’s direct holdings are listed at 34,752.1229 shares of First Mid Bancshares common stock. This figure appears separately from his indirect holdings in an IRA, a 401k Plan, and the Deferred Compensation Plan, providing a clear view of his personally held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
