Business Context and Reporting Period
Company: FIRST MID BANCSHARES, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: October 29, 2025
Event Date: October 28, 2025 (Board Meeting)
Reporting Period: This filing reports a specific corporate governance event rather than a financial reporting period.
Key Financial Metrics
This Form 8-K filing does not contain financial performance data. The document does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing reports the following material change in corporate governance:
- Board Expansion: The Board of Directors increased its size from nine to ten members.
- New Appointment: Mr. Alex Melvin was appointed to the new seat as a Class I director.
- Effective Date: Mr. Melvin will join the board effective November 18, 2025.
- Term: He will serve until the expiration of the current Class I term in 2026, or until a successor is elected and qualified.
- Committee Assignment: Mr. Melvin was appointed to the Risk Committee.
- Compensation: He will be compensated under the Company's standard program for non-employee directors as described in the proxy statement filed on March 18, 2025.
Guidance, Outlook, and Risks
Management Commentary: The filing states there are no arrangements or understandings between Mr. Melvin and any other person regarding his selection. It confirms no family relationships exist between Mr. Melvin and current directors or executive officers.
Risks and Contingencies: No specific risks, contingencies, or unusual items are disclosed in this filing. The filing notes that information required by Item 404(a) of Regulation S-K is not available at the time of filing.
Key Facts for Investor Verification
- Verify the effective date of Mr. Melvin's board membership (November 18, 2025).
- Review the definitive proxy statement filed on March 18, 2025, to confirm the specific compensation structure for non-employee directors.
- Confirm the expiration date of the Class I director term (2026).
- Check future filings for the completion of the Item 404(a) disclosure regarding Mr. Melvin's background.