Franklin Travis 4

What Happened

• Franklin Travis, a director of Midland States Bancorp, Inc. (MSBI), made an open-market purchase of 9,400 common shares on 2026-05-05. The reported weighted-average price was $26.49 per share for a total reported value of $248,988. This was a purchase (insider buying).

Key Details

• Transaction date: 2026-05-05.
• Price: weighted average $26.49; purchases occurred across prices ranging $26.40–$26.50 (footnote F1).
• Total reported value: $248,988.
• Shares owned after transaction: not specified in the provided filing summary.
• Notable footnotes:
  • F1 clarifies the reported price is a weighted average and that detailed per-trade pricing within the $26.40–$26.50 range can be provided on request.
  • F2/F3 note the reporting person also holds common share equivalents under the Directors Deferred Compensation Plan (economic equivalents payable upon termination of director service).
• Filing timeliness: Report filed 2026-05-06 for a 2026-05-05 transaction (appears timely).

Context

• This was an open-market purchase (not an option exercise, gift, or award). Insider purchases are often watched by investors as one data point on executive confidence, but they do not by themselves prove future company performance.