Short answer
FIRST MID BANCSHARES, INC. (FMBH) filed an 8-K current report with the SEC on April 29, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure). CEO succession effective July 1, 2026: Matthew K. Smith replaces Joseph R. Dively.
FIRST MID BANCSHARES, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO succession effective July 1, 2026: Matthew K. Smith replaces Joseph R. Dively
- Smith adds Company and bank board seats, including Risk Committee membership
- Dively becomes Executive Chair while remaining Board Chairman, preserving leadership continuity
- Smith’s employment agreement runs through December 31, 2027, with automatic annual renewals thereafter
- $425,000 annual base salary plus incentive, long-term incentive, and deferred compensation eligibility
Item 7.01 · Regulation FD Disclosure
- April 29, 2026 press release covering the previously announced leadership transition
- Exhibit 99.1 contains the complete transition announcement and related details
- Reg FD disclosure furnishes information publicly without creating new Exchange Act reporting obligations
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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