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First Mid Bancshares (FMBH) director reports 775-share stock grant and large indirect holdings

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

Rhea-AI Filing Summary

First Mid Bancshares director Mary Westerhold reported an equity grant of 775 shares of common stock at $43.58 per share on February 2, 2026. This award, described as an annual equity grant to directors, increased her directly held shares to 3,675.

She also reports indirect holdings through several vehicles, including 14,866.0399 shares by a deferred compensation plan, 1,960 shares by an IRA, and large positions held by three LLCs (50,236; 56,224; and 129,869 shares) where she is a co-manager. Additional indirect interests include shares held by family trusts, where she serves as co-trustee and disclaims beneficial ownership except for any pecuniary interest.

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Insider Westerhold Mary
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 775 $43.58 $34K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,675 shares (Direct); Common Stock — 14,866.04 shares (Indirect, By Deferred Compensation Plan)
Footnotes (1)
  1. The shares were issued as an annual equity grant to directors. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended The reporting person is a co-manager of the LLC. The reporting person is a co-trustee of these trusts, and the members of her immediate family are beneficiaries of the trusts. The reporting person disclaims beneficial ownership of the common stock held by the trusts except to the extent of her pecuniary interest therein.
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*
Westerhold Mary

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 775(1) A $43.58 3,675 D
Common Stock 14,866.0399 I By Deferred Compensation Plan
Common Stock 1,960 I By IRA
Common Stock 50,236 I(2) By LLC 1
Common Stock 56,224 I By LLC 2
Common Stock 129,869 I by LLC 3(3)
Common Stock 0 I By Spouse's IRA
Common Stock 45,892 I(2) By Trusts 1
Common Stock 16,454 I(4) By Trusts 2
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. The shares were issued as an annual equity grant to directors.
2. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended
3. The reporting person is a co-manager of the LLC.
4. The reporting person is a co-trustee of these trusts, and the members of her immediate family are beneficiaries of the trusts. The reporting person disclaims beneficial ownership of the common stock held by the trusts except to the extent of her pecuniary interest therein.
/s/ Matthew K. Smith, attorney-in-fact for Ms. Westerhold 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 insider transaction did Mary Westerhold report for First Mid Bancshares (FMBH)?

Mary Westerhold reported receiving 775 shares of First Mid Bancshares common stock on February 2, 2026, as an annual equity grant to directors at $43.58 per share. Following this grant, she directly owned 3,675 common shares in her own name.

How many First Mid Bancshares shares does Mary Westerhold own directly after this Form 4?

After the reported transaction, Mary Westerhold directly held 3,675 shares of First Mid Bancshares common stock. This reflects the addition of a 775-share annual equity grant to directors on February 2, 2026, at a reported price of $43.58 per share.

What indirect First Mid Bancshares (FMBH) holdings are associated with Mary Westerhold?

Indirect holdings associated with Mary Westerhold include 14,866.0399 shares via a deferred compensation plan, 1,960 shares via an IRA, and significant positions held by three LLCs and two sets of trusts. She is a co-manager of the LLCs and co-trustee of the trusts.

What does the Form 4 say about Mary Westerhold’s beneficial ownership of trust-held FMBH shares?

Trust-related holdings show 45,892 and 16,454 shares of First Mid Bancshares common stock. A footnote explains she is co-trustee, her immediate family are beneficiaries, and she disclaims beneficial ownership of the trust shares except to the extent of her pecuniary interest.

Why were the 775 First Mid Bancshares shares granted to Mary Westerhold?

The 775 shares were issued as an annual equity grant to directors of First Mid Bancshares. This type of grant is a form of stock-based compensation, aligning director interests with shareholders by providing part of their compensation in company common stock.