---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-002841"
form_type: "8-K"
ticker: "FMBH"
cik: "0000700565"
company_name: "FIRST MID BANCSHARES, INC."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:32:08.694743+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Mid names Matt Smith CEO; Joe Dively becomes Executive Chairman effective July 1, 2026

## Summary
- Matthew K. Smith, currently President, becomes CEO and President of First Mid and its bank subsidiary effective July 1, 2026.
- Joseph R. Dively transitions from CEO to Executive Chairman, retaining Board chair and M&A oversight.
- Smith's employment agreement includes $425,000 base salary, participation in Incentive Compensation, Long-Term Incentive, and Deferred Compensation Plans.
- Smith joined First Mid in 2016 as CFO, was named President in June 2025; under Dively, assets grew from ~$2.8B to $9.3B.
- Smith will also join the Board and its Risk Committee effective July 1, 2026.

## SEC filing metadata
- accession: 0001171843-26-002841
- form_type: 8-K
- ticker: FMBH
- cik: 0000700565
- company_name: FIRST MID BANCSHARES, INC.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700565/000117184326002841/0001171843-26-002841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700565/000117184326002841/f8k_042926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002841
- JSON: https://secwatch.observer/filing/0001171843-26-002841.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002841.txt

## Key facts
- Executive change
  Matthew K. Smith was appointed as Chief Executive Officer and President at FIRST MID BANCSHARES, INC..
  - Action: will become
  - Role: Chief Executive Officer and President
  source text: Effective July 1, 2026, Matthew K. Smith will become Chief Executive Officer and President of the Company and its subsidiary, First Mid Bank & Trust, N.A., and will be appointed to the Company’s Board of Directors (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326002841/0001171843-26-002841-index.htm
- Executive change
  Joseph R. Dively changed role as Executive Chair at FIRST MID BANCSHARES, INC..
  - Action: will transition
  - Role: Executive Chair
  source text: In connection with the succession plan, Joseph R. Dively will transition from Chief Executive Officer to Executive Chair of the Company and remain Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326002841/0001171843-26-002841-index.htm

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