First Mid Bancshares (FMBH) EVP Megan McElwee awarded 2,420 shares under LTIP

Rhea-AI Filing Summary

First Mid Bancshares executive Megan E. McElwee received a new equity award in the form of company common stock. On February 2, 2026, she acquired 2,420 shares of First Mid Bancshares, Inc. common stock at a stated price of $43.58 per share under the company’s Long Term Incentive Plan.

The award is structured to vest over time, with one-third of the shares vesting each year beginning on December 15, 2026. After this grant, McElwee beneficially owns 8,247.649 shares of common stock directly, aligning part of her compensation with the company’s long-term performance.

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
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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^*

McElwee Megan E

(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)
	EVP, Chief Credit Officer

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		2,420(1)	A	$43.58	8,247.649	D

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, attorney-in-fact for Ms. McElwee	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 did First Mid Bancshares (FMBH) disclose about Megan McElwee’s recent stock award?

First Mid Bancshares reported that EVP and Chief Credit Officer Megan E. McElwee received 2,420 shares of common stock. The shares were granted under the company’s Long Term Incentive Plan and increase her directly owned beneficial holdings to 8,247.649 shares following the transaction.

When did Megan McElwee receive the new First Mid Bancshares (FMBH) stock grant?

Megan McElwee received the new stock grant on February 2, 2026. The Form 4 shows this as the transaction date for the award of 2,420 shares of common stock under the Long Term Incentive Plan, with the grant documented at a price of $43.58 per share.

How many First Mid Bancshares (FMBH) shares did Megan McElwee acquire, and at what price?

She acquired 2,420 shares of First Mid Bancshares common stock at a stated price of $43.58 per share. The Form 4 lists this as an acquisition transaction, increasing her directly held beneficial ownership to 8,247.649 shares after the award.

What is the vesting schedule for Megan McElwee’s new First Mid Bancshares (FMBH) stock award?

The award vests in three equal installments, with one-third of the shares vesting each year. Vesting begins on December 15, 2026, according to the footnote stating that the shares were granted under the company’s Long Term Incentive Plan with annual vesting.

What is Megan McElwee’s role at First Mid Bancshares (FMBH) as reported in the filing?

The filing identifies Megan E. McElwee as an officer of First Mid Bancshares, serving as Executive Vice President and Chief Credit Officer. Her role is noted in connection with the Form 4 reporting the stock award under the company’s Long Term Incentive Plan.

How many First Mid Bancshares (FMBH) shares does Megan McElwee own after the reported transaction?

After the reported grant, Megan McElwee beneficially owns 8,247.649 shares of First Mid Bancshares common stock. The Form 4 classifies this ownership as direct, reflecting her holdings following the acquisition of 2,420 additional shares under the incentive plan.