Stock award to First Mid (FMBH) insurance CEO vests from 2026
Rhea-AI Filing Summary
First Mid Bancshares reported that Clay M. Dean, CEO of First Mid Insurance Group, received an award of 2,420 shares of common stock on February 2, 2026 at $43.58 per share under the company’s Long Term Incentive Plan. According to the award terms, these shares will vest in three equal installments, with one-third vesting each year beginning on December 15, 2026. After this grant, Dean directly holds 12,043.547 common shares and has additional indirect holdings of 3,973.9291 shares through a 401(k) plan and 4,211.5801 shares through a deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,420 shares
Net Buy
3 txns
Insider
Dean Clay M
Role
CEO-First Mid Insurance Group
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,420 | $43.58 | $105K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,043.547 shares (Direct);
Common Stock — 3,973.9291 shares (Indirect, By 401k);
Common Stock — 4,211.5801 shares (Indirect, By Deferred Compensation Plan)
Footnotes (1)
- F1. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 4 reveal about FMBH’s Long Term Incentive Plan grant?
The filing shows that First Mid Bancshares’ Long Term Incentive Plan granted 2,420 common shares to Clay M. Dean. The award vests one-third per year starting December 15, 2026, indicating a multi-year vesting structure tied to continued service and long-term alignment.