# EDGAR Filing Document

**Accession Number:** 0001452494
**File Stem:** 0000700565-25-000045
**Filing Date:** 2025-10
**Character Count:** 8123
**Document Hash:** dc219d45bf7cf35ab8c0213920eddf06
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000700565-25-000045.hdr.sgml**: 20251003

**ACCESSION NUMBER**: 0000700565-25-000045

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251002

**FILED AS OF DATE**: 20251003

**DATE AS OF CHANGE**: 20251003

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** McRae Eric S
- **CENTRAL INDEX KEY:** 0001452494

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36434
- **FILM NUMBER:** 251372524

**MAIL ADDRESS:**
- **STREET 1:** 266 COBB AVE
- **CITY:** DECATUR
- **STATE:** IL
- **ZIP:** 62522
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST MID BANCSHARES, INC.
- **CENTRAL INDEX KEY:** 0000700565
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 371103704
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1515 CHARLESTON AVE
- **STREET 2:** PO BOX 499
- **CITY:** MATTOON
- **STATE:** IL
- **ZIP:** 61938
- **BUSINESS PHONE:** 2172347454

**MAIL ADDRESS:**
- **STREET 1:** 1515 CHARLESTON AVENUE
- **STREET 2:** PO BOX 499
- **CITY:** MATTOON
- **STATE:** IL
- **ZIP:** 61938

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST MID ILLINOIS BANCSHARES INC
- **DATE OF NAME CHANGE:** 20040326

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST-MID ILLINOIS BANCSHARES INC
- **DATE OF NAME CHANGE:** 19920703

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>McRae Eric S<br><sub>(Last) (First) (Middle)</sub><br>1421 CHARLESTON AVE<br><sub>(Street)</sub><br>MATTOON, IL 61938<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-10-02 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP, Chief Lending Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>FIRST MID BANCSHARES, INC. [ FMBH ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-10-02 |  | A |  | 95.7706<sup>(1)</sup> | A | $37.0769 | 8015.7047 | I | By Deferred Compensation Plan |
| Common Stock |  |  |  |  |  |  |  | 31648.111 | D |  |
| Common Stock |  |  |  |  |  |  |  | 4501.2901 | I | By 401k Plan |
| Common Stock |  |  |  |  |  |  |  | 2601.8228 | I | By Ira |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Series B 9% Non-cumulative Perpetual Convertible Preferred | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 0 |  | 0 | D |  |
| Series B 9% Non-cumulative Perpetual Convertible Preferred | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 0 |  | 0 | I | By Ira |
| Series C 8% Non-cumulative Perpetual Convertible Preferred | <sup>(3)</sup> |  |  |  |  |  |  | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 0 |  | 0 | I | By Ira |
| Stock Option | $20.67 |  |  |  |  |  |  | <sup>(4)</sup> | 2013-12-16 | Common Stock | 0 |  | 0 | D |  |
| Stock Option | $27.33 |  |  |  |  |  |  | <sup>(5)</sup> | 2014-12-14 | Common Stock | 0 |  | 0 | D |  |
| Stock Option | $26.10 |  |  |  |  |  |  | <sup>(6)</sup> | 2017-12-11 | Common Stock | 0 |  | 0 | D |  |
| Stock Option | $23.00 |  |  |  |  |  |  | <sup>(7)</sup> | 2018-12-16 | Common Stock | 0 |  | 0 | D |  |
| Stock Option | $12.11 |  |  |  |  |  |  | 2007-01-01 | 2012-12-16 | Common Stock | 0 |  | 0 | D |  |

---

### Footnotes:

(1) The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan.

(2) Each share of the Series B Convertible Preferred Stock (i) is convertible at any time into 231.267 shares of common stock and cash in lieu of any fractional share of common stock, subject to certain adjustments, (ii) is convertible at First Mid-Illinois Bancshares' option under certain circumstances, and (iii) has no expiration date.

(3) Each share of Series C Convertible Preferred Stock (i) is convertible at any time into 246.427 shares of common stock and cash in lieu of any fractional share of common stock, subject to certain adjustments, (ii) is convertible at First Mid-Illinois Bancshares' option under certain circumstances, (iii) has no expiration date.

(4) Options become exercisable in four equal annual installments beginning 1/1/2005.

(5) Options become exercisable in four equal annual installments beginning 1/1/2006

(6) Options become exercisable in four equal annual installments beginning 1/1/2009

(7) Options become exercisable in 4 equal annual installments beginning on 01/01/2010.

**Signature:** /s/ Matthew K. Smith, attorney-in-fact for Mr. McRae  
**Date:** 2025-10-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**