Westerhold Mary 4
Research Summary
AI-generated summary
FIRST MID (FMBH) Director Mary Westerhold Receives 775-Share Award
What Happened
Mary Westerhold, a director of FIRST MID BANCSHARES, INC. (FMBH), received an annual equity award of 775 common shares on February 2, 2026. The award is reported at an acquisition price of $43.58 per share, for a total reported value of $33,775. This transaction is an equity grant (code A) — company compensation to a director rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-02; Form 4 filed: 2026-02-03 (filed promptly, within required reporting window).
- Shares granted: 775 at $43.58 each; total value reported: $33,775.
- Shares owned after transaction: Not specified in the filing.
- Relevant footnotes from the filing:
- F1: Shares were issued as an annual equity grant to directors (routine compensation).
- F2: Filing also reflects transactions not required to be reported under Section 16.
- F3: Reporting person is a co-manager of the LLC (ownership attribution detail).
- F4: Reporting person is co-trustee of trusts whose family members are beneficiaries; she disclaims beneficial ownership of stock held by those trusts except to the extent of her pecuniary interest.
- Transaction type: Award/grant (A), not a purchase or sale.
Context
Director equity grants are a common form of compensation and do not necessarily signal a personal purchase or sale decision. The footnotes clarify ownership attribution through an LLC and trusts and state that some listed transactions are not Section 16 reportable. The filing appears timely (filed the next day).