Independent
Tenure on this board
5.4 yrs
Meeting calendar
FMBH · Annual meeting · Wednesday, April 29, 2026
First Mid Bancshares Inc
4 nominees · 2 ballot items.
Elect four Class I directors; advisory vote to approve named executive officer compensation (say-on-pay).
Market cap
$1.3B
1Y TSR
+25.8%
Board grade
C
Record date
Mar 5, 2026
Filing
DEF 14A
Meeting concluded · Apr 29, 2026
Follow how the vote landed and what changed on First Mid Bancshares Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot2
- 1
Election of Directors
ManagementBoard: FORElection of four Class I directors (J. Kyle McCurry, Alex J. Melvin, Paul L. Palmby, Mary J. Westerhold) to serve three-year terms expiring in 2029.
- 2
Advisory Vote on Executive Compensation
ManagementBoard: FORNon-binding, advisory (say-on-pay) vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement.
More detail
This proposal asks shareholders to cast a non-binding advisory vote to approve the compensation of the company’s named executive officers as disclosed in the proxy statement. Management seeks shareholder approval to reaffirm its executive compensation philosophy and practices, which include a mix of base salary, annual cash incentives tied primarily to net income and other performance metrics, and performance-based restricted stock units subject to multi-year vesting. The Company emphasizes the alignment of pay with company performance (net income, asset quality, efficiency, lines of business, and loan growth) and peer benchmarking. The Board recommends a vote FOR because it believes the compensation program attracts and retains talent, aligns executives’ interests with shareholders, and reflects strong shareholder support in prior say-on-pay votes (97% in 2023). The vote is advisory and non-binding, but the Board and Compensation Committee will consider the outcome when evaluating future compensation decisions.
Director elections
Nominees on the ballot4
Independent
Tenure on this board
0.7 yrs
Independent
Tenure on this board
1.7 yrs
Also a director at
Seneca Foods Corp (SENEA)
Independent
Tenure on this board
9.9 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Ballentine Partners, LLC | 6.3% | 1,672,393 | $69M |
| 2 | DIMENSIONAL FUND ADVISORS LP | 4.0% | 1,051,447 | $43M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 3.5% | 932,763 | $38M |
| 4 | BlackRock, Inc. | 3.3% | 876,258 | $36M |
| 5 | BlackRock, Inc. | 2.8% | 743,053 | $31M |
| 6 | AMERICAN CENTURY COMPANIES INC | 2.5% | 656,248 | $27M |
| 7 | STATE STREET CORP | 2.0% | 525,116 | $22M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 1.8% | 484,260 | $20M |
| 9 | Boston Partners | 1.6% | 437,980 | $18M |
| 10 | GW Investment Management, LLC | 1.6% | 432,439 | $18M |
Peers
Nearest market capOther Financial Services sector meetings6
Upcoming shareholder meetings at First Mid Bancshares Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Capital Southwest CorpCSWC
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Greenlight Capital Re LtdGLRE
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Bit Digital IncBTBT
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Hilltop Holdings IncHTH
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Kingstone Companies IncKINS
Annual meeting·Aug 5, 2026·$291M
Reference
Frequently asked questions
- When is the First Mid Bancshares Inc 2026 annual meeting?
- First Mid Bancshares Inc (FMBH) holds its 2026 annual shareholder meeting on Wednesday, April 29, 2026.
- What is the record date for the First Mid Bancshares Inc 2026 meeting?
- The record date for the First Mid Bancshares Inc 2026 meeting is Thursday, March 5, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for First Mid Bancshares Inc's 2026 meeting?
- The board is presenting 4 director nominees at the First Mid Bancshares Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the First Mid Bancshares Inc 2026 meeting?
- Shareholders will vote on 2 proposals at the First Mid Bancshares Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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