Mary Westerhold, a director at First Mid Bancshares, Inc., recently acquired 267.43 shares of the company's common stock. This transaction, which took place on October 2, 2026, is significant as it reflects Westerhold's ongoing commitment to the company and may influence investor confidence.
First Mid Bancshares, Inc. operates within the state commercial banking sector, providing various financial services. The company is based in Mattoon, Illinois, and has a history of adapting to the evolving financial landscape.
The SEC filing indicates that Westerhold's recent acquisition was made through the company's Deferred Compensation Plan. Following this transaction, she now owns a total of 15,987.36 shares directly. The filing states, "The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan." This suggests a structured approach to her investment in the company.
Westerhold's actions may have implications for other stakeholders, including investors and employees, as they assess the company's direction and leadership. Her substantial ownership in various entities, including LLCs and trusts, indicates a deep-rooted interest in the financial health of First Mid Bancshares.
Details were not available in the SEC filing regarding any future plans or additional transactions related to this acquisition.
In addition to the recent acquisition, Mary Westerhold's total ownership of First Mid Bancshares, Inc. now includes various holdings through different entities. Specifically, she holds 50,236 shares through LLC 1, 56,224 shares through LLC 2, and 129,869 shares through LLC 3, indicating a diversified investment strategy.
Furthermore, Westerhold's holdings extend to trusts, where she owns 45,892 shares through Trusts 1 and 16,454 shares through Trusts 2. It is noteworthy that she is a co-trustee of these trusts, and the members of her immediate family are beneficiaries, which adds a familial dimension to her investment interests.
The filing also reveals that she holds 1,960 shares in an Individual Retirement Account (IRA) and has a spouse's IRA that does not currently hold any shares. This comprehensive overview of her shareholdings underscores her significant involvement in the company and her strategic approach to asset management.
"The reporting person disclaims beneficial ownership of the common stock held by the trusts except to the extent of her pecuniary interest therein."










