First Mid CEO receives stock award under incentive plan
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,420 | $43.58 | $105K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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.
FAQ
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What does the Form 4 reveal about FMBH’s Long Term Incentive Plan grant?
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