Jameson Jeremy Andrew 4
4 · Midland States Bancorp, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Midland States Bancorp (MSBI) EVP Jameson Withholds 1,982 Shares for Taxes
What Happened
Jameson Jeremy Andrew, EVP and Chief Credit Officer of Midland States Bancorp (MSBI), had 1,982 shares withheld to satisfy a tax liability related to an equity event. The withheld shares were disposed at $27.08 per share for a total value of about $53,673. This filing (Form 4) reports the share withholding (transaction code F), not an open-market sale for cash.
Key Details
- Transaction date: 2026-05-05; reported on Form 4 filed 2026-05-06 (appears timely under Form 4 rules).
- Transaction type/code: Payment of tax liability / share withholding (Code F).
- Shares withheld/disposed: 1,982 shares at $27.08 each, total ≈ $53,673.
- Shares owned after transaction: Not disclosed in the summary filing provided.
- Notable: This is a tax-withholding event (common after option exercises or vesting), not necessarily a signal of sentiment.
Context
Code F indicates shares were retained/disposed to cover tax obligations (a sell-to-cover or withholding), which is routine following option exercises or vesting of restricted stock. Such withholding reduces the insider’s net holdings but does not equate to an open-market directional sale by the insider.
Insider Transaction Report
- Tax Payment
Common Stock
2026-05-05$27.08/sh−1,982$53,673→ 63,212 total