---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-008281"
form_type: "8-K"
ticker: "FMBH"
cik: "0000700565"
company_name: "FIRST MID BANCSHARES, INC."
filed_at: "2022-12-30T23:59:59+00:00"
generated_at: "2026-06-20T21:43:07.206596+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# FMBH enters new employment pacts with CEO Dively ($520k base), Beesley ($198k), McRae ($290k)

## Summary
- New agreements effective Dec 31, 2022, initial term through Dec 31, 2023, auto-renew annually.
- CEO Joseph Dively: $520,000 base salary, 75% target incentive under Incentive Compensation Plan.
- Bradley Beesley (EVP Wealth Mgmt): $198,000 base; Eric McRae (EVP Lending): $290,000 base; all eligible for LTIP and Deferred Comp.
- Severance: 12 months base without cause pre-change-in-control; 24 months base plus prior year incentive post-change-in-control.
- Post-employment non-compete and non-solicit covenants extend 24 months within 100 miles of primary office.

## SEC filing metadata
- accession: 0001171843-22-008281
- form_type: 8-K
- ticker: FMBH
- cik: 0000700565
- company_name: FIRST MID BANCSHARES, INC.
- filed_at: 2022-12-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700565/000117184322008281/0001171843-22-008281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700565/000117184322008281/f8k_123022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-008281
- JSON: https://secwatch.observer/filing/0001171843-22-008281.json
- Plain text: https://secwatch.observer/filing/0001171843-22-008281.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.