FIRST MID BANCSHARES (FMBH) director receives stock award in deferred compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST MID BANCSHARES, INC. director James Edwin Zimmer reported an acquisition of common stock through a compensation arrangement, not an open-market purchase. He received 308.0624 shares of common stock at $41.15 per share via a planned quarterly purchase under the Company’s Deferred Compensation Plan.
After this award, his indirect holdings in the Deferred Compensation Plan total 18,240.6607 shares. Separate from this, he holds 6,033.7013 shares directly, 4,050 shares indirectly through an IRA, and 217 shares in custodial accounts for his grandchildren, where he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Zimmer James Edwin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 308.062 | $41.15 | $13K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,240.661 shares (Indirect, By Deferred Compensation Plan);
Common Stock — 6,033.701 shares (Direct)
Footnotes (1)
- The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan. 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
Awarded shares: 308.0624 shares
Award price: $41.15 per share
Deferred plan holdings: 18,240.6607 shares
+3 more
6 metrics
Awarded shares
308.0624 shares
Common Stock grant under Deferred Compensation Plan on April 2, 2026
Award price
$41.15 per share
Price used for Deferred Compensation Plan quarterly purchase
Deferred plan holdings
18,240.6607 shares
Indirect holdings via Deferred Compensation Plan after award
Direct holdings
6,033.7013 shares
Directly held common stock after reported transactions
IRA holdings
4,050 shares
Indirectly held common stock by IRA
Custodial holdings
217 shares
Custodial accounts for grandchildren under Illinois Uniform Transfers to Minors Act
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 regulatory
"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
"total_shares_following_transaction": "18240.6607", "direct_or_indirect": "I""
FAQ
What insider transaction did FMBH director James Edwin Zimmer report?
James Edwin Zimmer reported acquiring 308.0624 shares of FIRST MID BANCSHARES common stock. The shares were granted through a planned quarterly purchase under the Company’s Deferred Compensation Plan at $41.15 per share, reflecting a compensation-related award rather than an open-market trade.
Was the FMBH Form 4 transaction an open-market buy or a compensation award?
The Form 4 shows a compensation award, not an open-market buy. Zimmer received 308.0624 shares coded as an “A” transaction, described as a grant or award, under the Company’s Deferred Compensation Plan through a planned quarterly purchase mechanism at $41.15 per share.
What does the Deferred Compensation Plan mean in the FMBH Form 4 filing?
The Deferred Compensation Plan is a company program that credits Zimmer with shares on a planned quarterly basis. In this filing, it provided 308.0624 common shares at $41.15 each, increasing his indirect holdings in the plan to 18,240.6607 shares as part of his overall compensation structure.