STOCK TITAN

Stock award to First Mid (FMBH) insurance CEO vests from 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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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 — 3,973.929 shares (Indirect, By 401k)
Footnotes (1)
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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*
Dean Clay M

(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)
CEO-First Mid Insurance Group
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 12,043.547 D
Common Stock 3,973.9291 I By 401k
Common Stock 4,211.5801 I By Deferred Compensation Plan
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. Dean 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 stock award did First Mid Bancshares (FMBH) grant to Clay M. Dean?

First Mid Bancshares granted Clay M. Dean an award of 2,420 shares of common stock at $43.58 per share under its Long Term Incentive Plan. These shares are part of his equity-based compensation as CEO of First Mid Insurance Group.

How do the new restricted shares for FMBH’s Clay M. Dean vest?

The 2,420-share award to Clay M. Dean vests in three equal installments. One-third of the shares will vest each year, beginning on December 15, 2026, aligning his compensation with longer-term company performance and retention objectives.

How many FMBH shares does Clay M. Dean own directly after this Form 4?

Following the reported transaction, Clay M. Dean directly owns 12,043.547 shares of First Mid Bancshares common stock. This figure reflects his updated direct holdings after receiving the 2,420-share award under the company’s Long Term Incentive Plan.

What indirect FMBH share holdings does Clay M. Dean report?

In addition to direct holdings, Clay M. Dean reports 3,973.9291 First Mid Bancshares shares held indirectly through a 401(k) plan and 4,211.5801 shares held through a Deferred Compensation Plan, reflecting retirement and deferred compensation-related ownership.

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.