First Mid Bancshares (FMBH) director gains stock via deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Mid Bancshares director Robert S. Cook acquired additional Common Stock through compensation rather than an open-market purchase. On April 2, 2026, an award of 320.263 shares was credited at $41.1500 per share via a planned quarterly purchase under the Company’s Deferred Compensation Plan, bringing this deferred comp holding to 6,825.6297 shares held indirectly. The filing also lists his other positions, including 17,797.0000 shares held directly and various indirect holdings as custodian for children, through a 401(k), IRA, an LLC, and by spouse. Several entries are identified as holdings or transactions not required to be reported under Section 16, emphasizing that the main new activity is this routine compensation-related share acquisition.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Cook Robert S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 320.263 | $41.15 | $13K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,825.63 shares (Indirect, by Deferred Comp);
Common Stock — 17,797 shares (Direct)
Footnotes (1)
- The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
Key Figures
Shares acquired via deferred plan: 320.263 shares
Award price per share: $41.1500 per share
Deferred comp holding after award: 6,825.6297 shares
+5 more
8 metrics
Shares acquired via deferred plan
320.263 shares
Common Stock awarded at $41.1500 per share on April 2, 2026
Award price per share
$41.1500 per share
Price used for planned quarterly purchase under Deferred Compensation Plan
Deferred comp holding after award
6,825.6297 shares
Indirect ownership by Deferred Comp after April 2, 2026 acquisition
Direct common stock holding
17,797.0000 shares
Shares held directly following reported transactions
Custodian for children holding
11,980.0000 shares
Indirect ownership as custodian for children
IRA holding
6,106.0000 shares
Indirect ownership by IRA
LLC holding
13,814.0000 shares
Indirect ownership by LLC
Spouse holding
244.0000 shares
Indirect ownership by spouse
Key Terms
Deferred Compensation Plan, Section 16 of the Securities Exchange Act of 1934, indirect ownership, 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.
Section 16 of the Securities Exchange Act of 1934 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
indirect ownership financial
"nature_of_ownership: "by Deferred Comp" and ownership_type: "indirect" for the award entry."
Common Stock financial
"security_title: "Common Stock" for all reported holdings and the compensation-related acquisition."
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 are Robert Cook’s indirect deferred compensation holdings in FMBH after this transaction?
After this transaction, Robert Cook’s indirect holdings in First Mid Bancshares common stock via deferred compensation total 6,825.6297 shares. This reflects the addition of the 320.263-share quarterly planned purchase under the Company’s Deferred Compensation Plan, as reported in the Form 4 filing.
Which other indirect FMBH holdings are associated with Robert Cook in this Form 4?
In addition to deferred compensation shares, Robert Cook is associated with 11,980.0000 shares as custodian for children, 6,106.0000 shares via an IRA, 13,814.0000 shares held by an LLC, 244.0000 shares held by his spouse, and a 401(k) position that now shows 0.0000 shares of First Mid Bancshares common stock.