Casey Daniel Edward 4

What Happened

• Casey Daniel Edward (listed on the filing as CROF) had 204 Midland States Bancorp (MSBI) shares withheld to cover tax liability tied to an equity award or option exercise. The shares were valued at $26.39 each, totaling about $5,384.
• This was a tax-withholding disposition (transaction code F), not an open-market sale — a routine administrative action following an award or exercise rather than a directional trade.

Key Details

• Transaction date: 2026-05-01; Price withheld per share: $26.39; Total value: ~$5,384.
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld to satisfy tax).
• Shares owned following the transaction: not specified in the provided extract (see the full Form 4 for current holdings).
• Filing received by SEC (accession) on 2026-05-04 — appears timely; no 10b5-1 plan or other special instructions disclosed in the provided data.

Context

• Tax withholding is common when restricted stock units vest or options are exercised; employers often withhold or retain a portion of shares to cover required taxes. This routine action should not be read as a deliberate sale signaling negative sentiment.
• Purchases or open-market sales typically carry more direct implications about an insider’s market view; a withholding-for-taxes transaction is administrative in nature.