Horn Zachary 4
Research Summary
AI-generated summary
FMBH Director Zachary Horn Receives 775-Share Award
What Happened
- Zachary Horn, a director of First Mid Bancshares, Inc. (FMBH), was granted 775 shares as an acquisition (award) on February 2, 2026. The shares were issued at $43.58 per share for a total value of approximately $33,775. This was an equity grant (compensation) to a director rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-02; 775 shares at $43.58 each.
- Total value: approximately $33,775.
- Transaction type: Award/Grant (reported as acquisition code A).
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — The shares were issued as an annual equity grant to directors.
- Filing timeliness: Report filed 2026-02-03 for a 2026-02-02 transaction (no late-filing flag indicated).
Context
- Director equity grants are typically routine compensation for board service and may be subject to vesting or other restrictions; the footnote confirms this was the annual director grant. Such awards do not necessarily indicate a change in insider sentiment about the company and differ from open-market purchases or sales.