Dean Clay M 4

What Happened

• Dean Clay M, CEO of First Mid Insurance Group, was granted 2,420 shares as an award under First Mid Bancshares' Long Term Incentive Plan on February 2, 2026. The award value at grant price ($43.58) is $105,464. This was an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: February 2, 2026; grant price $43.58 per share.
• Shares awarded: 2,420; aggregate grant value $105,464.
• Vesting: Footnote F1 — shares vest one-third each year beginning December 15, 2026.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Filing timeliness: Report filed Feb 3, 2026 for a Feb 2, 2026 grant (appears timely).
• No indication of immediate sale, tax withholding, or a 10b5-1 plan noted in the filing.

Context

• This is a restricted/awarded grant under the company’s LTIP and vests over three years, so it does not represent an immediate purchase or sale of freely tradable shares. Awards like this are common for executive compensation and are intended to align management incentives with long‑term shareholder value rather than indicate a near‑term market view.