First Mid Bancshares: Eric McRae acquires 73 shares

McRae's other reported positions included 34,783 directly held shares, 4,607 shares through a 401k Plan and 2,602 shares through an IRA.

Rhea-AI Filing Summary

First Mid Bancshares, Inc. (FMBH) EVP, Chief Lending Officer Eric S. McRae acquired 73 shares of common stock on October 2, 2026, through the planned quarterly purchase under the Company's Deferred Compensation Plan, at $49.9585 per share. The shares were held indirectly through that plan, which reported 8,559 shares following the acquisition. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 73.187 shares

Grant/Award 4 txns

Insider McRae Eric S

Role EVP, Chief Lending Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	73.187	$49.9585	$4K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,558.8672 shares (Indirect, By Deferred Compensation Plan); Common Stock — 34,783.445 shares (Direct); Common Stock — 4,607.4966 shares (Indirect, By 401k Plan); Common Stock — 2,602.2058 shares (Indirect, By Ira)

Footnotes (1)

1. F1. The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan.

Key Figures

Common shares acquired: 73 shares Price per share: $49.9585 per share Deferred Compensation Plan holding: 8,559 shares +3 more

6 metrics

Common shares acquired 73 shares October 2, 2026

Price per share $49.9585 per share Acquisition on October 2, 2026

Deferred Compensation Plan holding 8,559 shares Reported following the acquisition on October 2, 2026

Direct common-stock holding 34,783 shares Reported on October 2, 2026

401k Plan common-stock holding 4,607 shares Reported on October 2, 2026

IRA common-stock holding 2,602 shares Reported on October 2, 2026

Key Terms

Deferred Compensation Plan, Rule 10b5-1, 401k Plan

3 terms

Deferred Compensation Plan financial

"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.

Rule 10b5-1 regulatory

"Rule 10b5-1 trading plan"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

401k Plan financial

"By 401k Plan"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FMBH shares did Eric S. McRae acquire, and at what price?

Eric S. McRae acquired 73 shares of FMBH common stock on October 2, 2026, at $49.9585 per share through the planned quarterly purchase under the Company's Deferred Compensation Plan. The reported post-transaction position through that plan was 8,559 shares; no Rule 10b5-1 trading plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/06/2026 - 10:49 AM Accepted by SEC EDGAR 10/06/2026 - 10:48 AM Learn about SEC filing dates

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^*

McRae Eric S

(Last) (First) (Middle)

1421 CHARLESTON AVE

(Street)

MATTOON ILLINOIS 61938

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP, Chief Lending Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2026

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

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

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

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	10/02/2026		A		73.187(1)	A	$49.9585	8,558.8672	I	By Deferred Compensation Plan
Common Stock								34,783.445	D
Common Stock								4,607.4966	I	By 401k Plan
Common Stock								2,602.2058	I	By Ira

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. The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan.

	/s/ Matthew K. Smith, attorney-in-fact for Mr. McRae	10/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)