FMBH: Subsidiary CEO Sells 1,553 Shares at $37.64 – Form 4
First Mid Bancshares (FMBH) Form 4: Clay M. Dean, CEO of subsidiary First Mid Insurance Group, sold 1,552.6512 common shares on 08/06/2025 at $37.6391 each (≈ $58.4 k).
Rhea-AI Filing Summary
First Mid Bancshares (FMBH) Form 4: Clay M. Dean, CEO of subsidiary First Mid Insurance Group, sold 1,552.6512 common shares on 08/06/2025 at $37.6391 each (≈ $58.4 k). After the transaction, his direct stake is 11,229.4164 shares; he also holds 3,924.3618 shares via a 401k and 4,159.0485 shares via a deferred-comp plan, for total beneficial ownership of roughly 19.3 k shares. The sale represents about 8 % of his aggregate holdings. No derivative activity or additional transactions were reported.
Positive
- None.
Negative
- Insider sale: Officer Clay M. Dean disposed of 1,552.6512 shares (~8 % of his total holdings) at $37.64, which may be viewed as a mild bearish signal.
Insights
TL;DR: Minor insider sale—≈8 % of holdings; likely portfolio rebalancing, not a strong directional signal for FMBH.
Dean’s $58 k sale marginally reduces direct exposure while leaving a sizable remaining stake, suggesting routine liquidity or diversification needs. Volume is negligible versus FMBH’s average daily trading and market cap, so market impact should be minimal. Absence of accompanying negative news or 10b5-1 plan disclosure keeps the event neutral. Investors may monitor future filings for trend confirmation but need not adjust valuation assumptions on this data point alone.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,552.6512 | $37.6391 | $58K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
FAQ
What is Dean’s remaining direct ownership in FMBH after the sale?
When did the insider transaction occur?
Were any derivative securities involved?
AI-generated analysis. How Rhea-AI works. Not financial advice.