First Mid Bancshares Announces Director and Officer Changes
Ticker: FMBH · Form: 8-K · Filed: Jul 31, 2024 · CIK: 700565
| Field | Detail |
|---|---|
| Company | First Mid Bancshares, INC. (FMBH) |
| Form Type | 8-K |
| Filed Date | Jul 31, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-changes, director-election
Related Tickers: MID
TL;DR
MID board shakeup: new directors elected, exec pay reviewed.
AI Summary
On July 31, 2024, FIRST MID BANCSHARES, INC. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers, though specific names and dollar amounts related to these changes are not detailed in this initial filing.
Why It Matters
Changes in a company's board of directors and executive compensation can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and does not indicate any significant financial distress or operational issues.
Key Numbers
- 0-13368 — Commission File Number (Identifies the company's SEC filing history.)
- 37-1103704 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- FIRST MID BANCSHARES, INC. (company) — Registrant
- July 31, 2024 (date) — Report Date
- Delaware (jurisdiction) — State of Incorporation
- MATTOON, IL (location) — Principal Executive Offices
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors but does not name the individuals or specify the number of new directors elected in this report.
Are there details on the new compensatory arrangements for officers?
The filing mentions updates to compensatory arrangements for certain officers but does not provide specific details or dollar amounts in this initial report.
When was the earliest event reported?
The earliest event reported is July 31, 2024.
What is the company's state of incorporation?
The company is incorporated in Delaware.
Where are the principal executive offices located?
The principal executive offices are located at 1421 Charleston Avenue, Mattoon, IL 61938.
Filing Stats: 414 words · 2 min read · ~1 pages · Grade level 11.4 · Accepted 2024-07-31 08:00:21
Filing Documents
- f8k_073124.htm (8-K) — 20KB
- 0001171843-24-004277.txt ( ) — 186KB
- fmbh-20240731.xsd (EX-101.SCH) — 3KB
- fmbh-20240731_lab.xml (EX-101.LAB) — 33KB
- fmbh-20240731_pre.xml (EX-101.PRE) — 22KB
- f8k_073124_htm.xml (XML) — 3KB
02. Departure of Directors or Certain Officers; Election
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 30, 2024, Todd J. James informed the board of First Mid Bancshares, Inc. (the "Company") of his resignation from the board and the risk committee upon which he served effective July 30, 2024. The resignation of Mr. James was not the result, in whole or in part, of any disagreement with the Company's management relating to the Company's operations, policies or practices. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST MID BANCSHARES, INC. Dated: July 31, 2024 By: /s/ Joseph R. Dively Joseph R. Dively Chairman, President and Chief Executive Officer