FMBH Director Acquisition: 364.3139 Shares Purchased via Deferred Comp
Rhea-AI Filing Summary
Robert S. Cook, a director of First Mid Bancshares, Inc. (FMBH), reported a non-derivative acquisition on 10/02/2025 of 364.3139 shares of common stock at a price of $37.08 per share. The filing states these shares were bought under the company’s Deferred Compensation Plan. The Form 4 also lists Mr. Cook’s other beneficial holdings across accounts: 6,085.9313 shares held indirectly via deferred comp after the purchase, 17,022 shares directly disposed of earlier, and additional indirect holdings including 11,980 (custodian for children), 6,106 (IRA), 13,814 (LLC), and 244 (spouse). The form was signed by an attorney-in-fact on 10/03/2025.
Positive
- Director purchase of 364.3139 shares at $37.08 shows continued insider ownership
- Acquisition executed via the company’s Deferred Compensation Plan, indicating planned compensation alignment
- Timely reporting: Form signed and filed with a recorded signature date of 10/03/2025
Negative
- None.
Insights
TL;DR: Director acquired 364.3139 shares at $37.08 via the company Deferred Compensation Plan.
The reported purchase on 10/02/2025 was executed under the issuer’s Deferred Compensation Plan, which indicates the acquisition was part of a planned compensation mechanism rather than an open-market opportunistic buy. The filing quantifies Mr. Cook’s layered beneficial ownership across multiple account types, reflecting common practice for senior insiders to hold shares in named fiduciary or retirement vehicles.
This Form 4 appears procedural and informational; there are no disclosed derivative transactions, no change in control indicators, and no pledging or sale that would signal a liquidity event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 364.314 | $37.08 | $14K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
