The trust's passive stake drop below 5% removes mandatory 13D filing obligations. Monitor for any future 13G filing or open-market activity that could signal a change in intent. No immediate catalyst for the stock.
Price Chart
Executive Summary
EPL LINCO Trust (Elizabeth Paige Laurie) filed Amendment No. 2 to its Schedule 13D, reporting that its beneficial ownership of First Mid Bancshares common stock dropped below 5% due to share issuance from the Two Rivers Financial Group merger. The trust holds the same 1,262,246 shares as before, now representing 4.74% of outstanding shares. This is a passive de-escalation — the filer is no longer a 5% holder and will cease mandatory 13D reporting unless holdings increase.
Key Financial Metrics
Key Facts
- EPL LINCO Trust beneficially owns 1,262,246 shares of First Mid Bancshares common stock.
- Ownership percentage fell from above 5% to 4.74% due to share issuance from the Two Rivers Financial Group merger.
- No shares were bought or sold by the trust — the percentage change is entirely dilution from the merger.
- The trust and trustee are no longer required to file Schedule 13D unless holdings exceed 5% again.
- Filing date: October 16, 2026; the percentage dropped below 5% as of February 28, 2026 (merger close).
Financial Impact
No financial impact — passive stake reduction due to merger dilution, not selling.
Risk Factors
- None — this is a routine administrative filing reflecting dilution from a prior merger.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (Primary) | 0001014108-26-000064 |
| Document: 0001014108-26-000064-index.html | 0001014108-26-000064 |
| Document: 0001014108-26-000064.txt | 0001014108-26-000064 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $49.26 | awaiting T+60 | — | $51.11 (+3.76%) |
Oct 16, 2026 10d ago | SC 13D/A | $49.73 | awaiting T+60 | — | $51.11 (+2.77%) |
Jul 23, 2026 13w ago | 8-K | $50.05 $49.29 | ▼ −1.52% | ▼ −6.07% | $51.11 (+2.12%) |
Jul 15, 2026 14w ago | 8-K | $48.77 $49.24 | ▲ +0.96% | ▼ −1.57% | $51.11 (+4.80%) |
Apr 29, 2026 25w ago | 8-K | $41.84 $51.16 | ▲ +22.27% | ▲ +19.16% | $51.11 (+22.15%) |
Apr 29, 2026 25w ago | Press Release | $41.84 $51.16 | ▲ +22.27% | ▲ +19.16% | $51.11 (+22.15%) |
Apr 29, 2026 25w ago | 8-K | $41.84 $51.16 | ▲ +22.27% | ▲ +19.16% | $51.11 (+22.15%) |
Apr 15, 2026 27w ago | 8-K | $43.47 $47.93 | ▲ +10.26% | ▲ +2.12% | $51.11 (+17.58%) |
Mar 17, 2026 31w ago | DEFA14A | $39.38 $45.67 | ▲ +15.97% | ▲ +6.11% | $51.11 (+29.79%) |
Mar 2, 2026 34w ago | Press Release | $41.50 $44.29 | ▲ +6.72% | ▼ −2.60% | $51.11 (+23.16%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers