other material
confidence high
sentiment neutral
materiality 0.50
First Mid Bancshares stockholders approve authorized share increase to 45M and 2025 Stock Incentive Plan
FIRST MID BANCSHARES, INC.
- Stockholders approved increase in authorized common shares from 30M to 45M; 19.7M votes for, 0.7M against.
- Approved 2025 Stock Incentive Plan with 450K new shares (total 1M shares); term extended to Jan 21, 2035.
- Three directors elected with >15.9M votes each: Robert S. Cook, Gisele A. Marcus, James E. Zimmer.
- Quorum of 20.6M shares (~86% of eligible) present at annual meeting on April 30, 2025.
- Plan shares available for issuance after approval: 503,921 shares.