First Mid Bancshares (FMBH) EVP receives 3,850-share equity award

Rhea-AI Filing Summary

First Mid Bancshares EVP and Chief Lending Officer Eric S. McRae received an equity award of 3,850 shares of common stock on February 2, 2026. The award was granted under the company’s Long Term Incentive Plan at a reference price of $43.58 per share.

These shares vest in three equal installments, with one‑third vesting each year beginning on December 15, 2026. After this grant, McRae directly holds 34,679.9897 common shares, with additional indirect holdings through a 401(k) plan, a deferred compensation plan, and an IRA.

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 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 Lending 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		3,850(1)	A	$43.58	34,679.9897	D
Common Stock								4,530.2476	I	By 401k Plan
Common Stock								8,172.0263	I	By Deferred Compensation Plan
Common Stock								2,601.9277	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. 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 Mr. McRae	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 insider transaction did FMBH report for Eric S. McRae on February 2, 2026?

First Mid Bancshares reported that EVP and Chief Lending Officer Eric S. McRae received an award of 3,850 shares of common stock on February 2, 2026. The award was made under the company’s Long Term Incentive Plan, not as an open‑market purchase.

At what price was Eric S. McRae’s 3,850-share FMBH stock award valued?

The 3,850-share stock award to Eric S. McRae was valued at $43.58 per share. This price is the reference value reported for the grant under First Mid Bancshares’ Long Term Incentive Plan in the insider filing.

How do Eric S. McRae’s new FMBH shares vest under the Long Term Incentive Plan?

McRae’s 3,850-share award vests in three equal installments. One‑third of the shares will vest each year, beginning on December 15, 2026, aligning the incentive with longer‑term service and performance at First Mid Bancshares.

How many FMBH shares does Eric S. McRae hold directly after this award?

Following the reported award, Eric S. McRae directly holds 34,679.9897 shares of First Mid Bancshares common stock. This figure reflects his direct ownership position after the 3,850-share Long Term Incentive Plan grant on February 2, 2026.

What indirect FMBH share holdings are reported for Eric S. McRae?

The filing shows McRae’s indirect ownership through several accounts: 4,530.2476 shares via a 401(k) plan, 8,172.0263 shares via a deferred compensation plan, and 2,601.9277 shares via an IRA, all in First Mid Bancshares common stock.

What is Eric S. McRae’s role at First Mid Bancshares related to this Form 4?

Eric S. McRae is reported as an officer of First Mid Bancshares, serving as Executive Vice President and Chief Lending Officer. His position makes him a reporting insider, requiring disclosure of stock awards and holdings on Form 4.