Stas R. Wolak, who serves as Executive Vice President and Chief Retail Banking Officer at First Mid Bancshares, Inc. (NASDAQ:FMBH), executed a sale of 430 shares of the company’s common stock on February 20, 2026. The shares changed hands at $43.67 each, producing a total transaction value of $18,778.
Following the disposition, Wolak directly retains ownership of 3,630 shares of First Mid Bancshares. At the time of the sale, the stock was trading near its 52-week peak of $44.85 and the shares have risen by nearly 20% over the prior 12 months.
First Mid Bancshares is described in public data as a regional bank with roughly $1.1 billion in market capitalization. The company trades at a price-to-earnings ratio of 10.75 and carries a dividend yield of 2.46%. An InvestingPro tip noted that First Mid has increased its dividend for 15 consecutive years, with additional ProTips referenced for subscribers.
In a separate but related development, First Mid Bancshares completed the acquisition of Two Rivers Financial Group, Inc., a transaction involving approximately $1.2 billion in assets. The merger had been announced on October 29, 2025, and received approval from the stockholders of both entities.
Under the terms finalized by the companies, Two Rivers will be merged into Star Sub LLC, a wholly owned subsidiary of First Mid, and will cease to exist as an independent company. Regulatory approvals for the transaction were obtained from the Federal Reserve Bank of Chicago and the Iowa Division of Banking, enabling completion of the deal.
The acquisition added $883 million in loans, $1.0 billion in deposits, and more than $1.2 billion in trust and wealth assets under management to First Mid’s balance sheet. As part of the closing, First Mid amended its credit agreement with The Northern Trust Company to accommodate the merger and secured consent for related matters.
Strategically, the transaction expanded First Mid’s physical presence by integrating 14 new locations in Iowa. The company has not provided further updates on the status of integration efforts following the closing.
Context and note: The insider sale and the completion of the Two Rivers acquisition are recorded public events. The company’s P/E ratio, dividend yield, and historical dividend-raising streak were cited from InvestingPro information noted in public reporting.