McRae Eric S 4
Research Summary
AI-generated summary
First Mid (FMBH) EVP Eric McRae Receives Stock Award
What Happened
- Eric S. McRae, Executive Vice President and Chief Lending Officer of First Mid Bancshares, Inc., was granted 3,850 shares on 2026-02-02. The grant price reported was $43.58 per share, for a total reported value of $167,783. The transaction is coded as an award/acquisition (A) under the company plan.
Key Details
- Transaction date and price: 2026-02-02 at $43.58 per share (total $167,783).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Shares are awards under the Company's Long Term Incentive Plan and vest one-third each year beginning December 15, 2026 (F1).
- Filing: Report filed 2026-02-03 for the 2026-02-02 transaction (timely filing).
Context
- This was a compensation award (restricted stock grant), not an open-market purchase or sale. Such awards typically vest over time and do not represent an immediate change in market holdings or a direct buy/sell signal.