McElwee Megan E 4

What Happened
Megan E. McElwee, Executive Vice President and Chief Credit Officer of First Mid Bancshares, was granted 2,420 shares on 2026-02-02 as an award (transaction code A). The grant price is reported at $43.58 per share, giving the award a grant-date value of approximately $105,464. This is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02 (Form 4 filed 2026-02-03, appears timely).
• Grant: 2,420 shares at $43.58 per share; total grant value ≈ $105,464.
• Vesting: Awarded under the company’s Long Term Incentive Plan; vests 1/3 each year beginning December 15, 2026 (three-year vesting). (Footnote F1)
• Shares owned after transaction: Not disclosed in the filing.
• Transaction type: Award/grant (code A). Not a sale or open-market purchase; typical executive compensation.

Context
Equity awards like this are a form of compensation and are intended to align executives with shareholder interests over time through vesting. Because the shares vest over several years, they do not represent immediately tradable stock. This award does not by itself indicate insider buying or selling sentiment.