Zimmer James Edwin 4
Research Summary
AI-generated summary
FIRST MID BANCSHARES (FMBH) Director James Zimmer Buys Stock
What Happened
- James Edwin Zimmer, a director of FIRST MID BANCSHARES, made five open-market purchases on February 17, 2026, acquiring a total of 217 shares. The trades were: 38 shares @ $43.58 ($1,656); 38 shares @ $43.67 ($1,659); 44 shares @ $43.73 ($1,924); 44 shares @ $43.72 ($1,924); and 53 shares @ $43.60 ($2,311). Total consideration for the purchases was approximately $9,474. These were purchases (transaction code P), which some investors view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-02-17 (filed on 2026-02-18).
- Prices and amounts: 38 @ $43.58; 38 @ $43.67; 44 @ $43.73; 44 @ $43.72; 53 @ $43.60.
- Total shares bought: 217; total value ≈ $9,474.
- Shares owned after transaction: Not reported in the provided Form 4 data.
- Footnote: Securities are held in five separate custodial accounts for the reporting person's grandchildren under the Illinois Uniform Transfers to Minors Act; Zimmer is custodian and disclaims beneficial ownership except to the extent of any pecuniary interest (F1).
- No 10b5-1 plan, option exercises, or tax-withholding events were reported in this filing.
- Filing timeliness: Reported the next day (not indicated as late).
Context
- Purchases into custodial accounts can reflect personal/family planning as well as investment decisions; the UTMA footnote means these shares are held for grandchildren and the director disclaims beneficial ownership except for any pecuniary interest. The small size of these trades (~$9.5k total) suggests a modest investment rather than a large directional bet.