First Mid (NASDAQ: FMBH) EVP adds stock through deferred compensation plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FIRST MID BANCSHARES, INC. executive Eric S. McRae, EVP and Chief Lending Officer, acquired 86.2613 shares of common stock on April 2, 2026 through a planned quarterly purchase under the Company’s Deferred Compensation Plan at $41.15 per share.

Following this grant, he holds 8,307.4766 shares indirectly via the Deferred Compensation Plan, 34,716.8817 shares directly, 4,557.7536 shares indirectly through a 401k Plan, and 2,602.0267 shares indirectly through an IRA.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider McRae Eric S

Role EVP, Chief Lending Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	86.261	$41.15	$4K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,307.477 shares (Indirect, By Deferred Compensation Plan); Common Stock — 34,716.882 shares (Direct)

Footnotes (1)

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Key Figures

Deferred plan shares acquired: 86.2613 shares Acquisition price: $41.15 per share Deferred Compensation Plan holdings: 8,307.4766 shares +3 more

6 metrics

Deferred plan shares acquired 86.2613 shares Planned quarterly purchase on April 2, 2026

Acquisition price $41.15 per share Deferred Compensation Plan purchase

Deferred Compensation Plan holdings 8,307.4766 shares Indirect ownership after transaction

Direct common stock holdings 34,716.8817 shares Direct ownership as of April 2, 2026

401k Plan holdings 4,557.7536 shares Indirect ownership via 401k Plan

IRA holdings 2,602.0267 shares Indirect ownership via IRA

Key Terms

Deferred Compensation Plan, indirect ownership, 401k Plan, IRA

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.

indirect ownership financial

"total_shares_following_transaction 8307.4766, direct_or_indirect I, nature_of_ownership By Deferred Compensation Plan"

401k Plan financial

"nature_of_ownership By 401k Plan"

IRA financial

"nature_of_ownership By Ira"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 12:38 PM

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)
04/02/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/02/2026		A		86.2613⁽¹⁾	A	$41.15	8,307.4766	I	By Deferred Compensation Plan
Common Stock								34,716.8817	D
Common Stock								4,557.7536	I	By 401k Plan
Common Stock								2,602.0267	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	04/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did FMBH executive Eric McRae report?

Eric S. McRae reported acquiring 86.2613 shares of FIRST MID BANCSHARES common stock. The shares were obtained as a planned quarterly purchase under the Company’s Deferred Compensation Plan at $41.15 per share, reflecting routine compensation-related accumulation rather than an open-market trade.

At what price were the new FMBH shares acquired in this Form 4?

The newly acquired FIRST MID BANCSHARES shares were credited at $41.15 per share. This price applies to the 86.2613 shares obtained on April 2, 2026 via the planned quarterly purchase under the Company’s Deferred Compensation Plan, as disclosed in the Form 4 footnote.

How many FMBH shares does Eric McRae now hold in the Deferred Compensation Plan?

After the April 2, 2026 transaction, Eric McRae holds 8,307.4766 shares of FIRST MID BANCSHARES common stock indirectly through the Company’s Deferred Compensation Plan. This figure represents his total deferred plan holdings following the grant, not just the incremental shares acquired.

What are Eric McRae’s direct FMBH common stock holdings after this filing?

Eric McRae’s direct holdings total 34,716.8817 shares of FIRST MID BANCSHARES common stock. This amount is reported as a holding entry on April 2, 2026 and reflects his directly owned shares separate from deferred compensation, 401k, and IRA accounts.

What indirect FMBH holdings does Eric McRae have via retirement accounts?

Eric McRae indirectly holds 4,557.7536 FIRST MID BANCSHARES shares through a 401k Plan and 2,602.0267 shares through an IRA. These positions are reported as indirect ownership entries, complementing his direct holdings and shares in the Company’s Deferred Compensation Plan.

Was this FMBH insider acquisition part of a pre-planned program?

Yes. The Form 4 footnote states the shares were acquired via a planned quarterly purchase under the Company’s Deferred Compensation Plan. This indicates a scheduled, compensation-related acquisition rather than a discretionary open-market buy by Eric McRae.