Zimmer James Edwin 4
Research Summary
AI-generated summary
FIRST MID (FMBH) Director James Zimmer Receives 260-Share Award
What Happened
James Edwin Zimmer, a director of FIRST MID BANCSHARES, INC. (FMBH), acquired 259.95 shares on 2026-07-02 via an award/other acquisition. The shares were priced at $48.79 each for a reported value of $12,682. This transaction is an award/acquisition under the company’s deferred compensation arrangements (code A), which is typically a routine company plan credit rather than an open-market purchase.
Key Details
- Transaction date: 2026-07-02; price per share: $48.79; shares acquired: 259.95; reported value: $12,682.
- Filing date: 2026-07-06 — filed within the SEC’s two-business-day window for Form 4 reporting.
- Shares owned after the transaction: not specified in the filing.
- Footnotes included in the filing:
- F1: Shares were acquired via the planned quarterly purchase under the Company’s Deferred Compensation Plan.
- F2: The reported securities are held in five custodial UTMA accounts for the benefit of the reporting person’s grandchildren; the reporting person serves as custodian and disclaims beneficial ownership except to the extent of his pecuniary interest.
Context
This was an award/acquisition under a deferred compensation plan and the shares are placed in custodial accounts for minors under Illinois UTMA. Such awards are typically routine compensation-plan activity and do not necessarily signal the insider’s active buying or selling intent.