DiMotta Jennifer 4

What Happened

• Jennifer DiMotta, a director of Midland States Bancorp (MSBI), acquired 227.162 common stock equivalents on 2026-03-31 at an imputed price of $22.97 per share, with a reported value of $5,218. This was recorded as an award/acquisition (derivative) tied to the company's DDCP (deferred compensation plan).

Key Details

• Transaction date and price: 2026-03-31 at $22.97 per share (227.162 units, $5,218 total).
• Report filed: 2026-04-02 (appears to be filed within the normal Form 4 reporting window).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes of note:
  • F1: Each common stock equivalent equals the economic equivalent of one share of common stock.
  • F2: These common share equivalents were acquired by reinvesting dividends within the DDCP, fully vested on the transaction date and payable upon termination of director service.
• Transaction type: Derivative award via dividend reinvestment (code A).

Context

• This transaction reflects a routine dividend reinvestment into common share equivalents held in a deferred compensation plan, rather than an open-market purchase of common shares. Such reinvestments are common and typically represent plan mechanics rather than an active buy/sell decision by the insider.