FMBH Form 4: Director acquires 343.8852 shares via deferred comp
Rhea-AI Filing Summary
James Edwin Zimmer, a director of First Mid Bancshares, Inc. (FMBH), reported transactions on 10/02/2025. He acquired 343.8852 shares of Common Stock at $37.0769 per share through the company’s Deferred Compensation Plan. Following that acquisition the filing shows 17,391.1968 shares held indirectly under the plan. The Form 4 also reports a disposition of 5,189.1773 shares and 4,050 shares held directly via an IRA. The report was signed by an attorney-in-fact on 10/03/2025. The filing discloses routine insider activity tied to compensation arrangements rather than a one-off market purchase or sale.
Positive
- 343.8852 shares acquired via the company’s Deferred Compensation Plan, indicating continued alignment between the director and the company
- 17,391.1968 shares held indirectly after the transaction, showing meaningful ongoing indirect ownership
Negative
- 5,189.1773 shares were disposed, representing a material reduction in that portion of holdings
- 4,050 shares held directly in an IRA may reduce immediately tradable insider-held shares
Insights
Routine deferred-compensation purchases signal ongoing insider alignment with the company.
The reported acquisition of 343.8852 shares at $37.0769 was made through the company’s Deferred Compensation Plan, which is a common mechanism for directors to convert deferred pay into equity. This method typically reflects planned, scheduled purchases rather than discretionary trading.
The filing also shows a disposition of 5,189.1773 shares and 4,050 shares held in an IRA, indicating personal portfolio activity alongside plan holdings. Because all figures and the acquisition mechanism are disclosed, investors can verify these movements against the company’s compensation policies.