Carlson Gerald Joseph 4
4 · Midland States Bancorp, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Midland States (MSBI) Director Gerald Carlson Receives Award
What Happened Gerald Joseph Carlson, a director of Midland States Bancorp, received derivative awards/allocations on 2026-06-30: 136.68 restricted stock units valued at $26.55 each (≈ $3,629) and 1,926.782 common-share equivalents valued at $31.14 each (≈ $60,000), for a combined value of about $63,629. These were recorded as acquisitions (award/grant), not open-market purchases or sales.
Key Details
- Transaction dates and prices:
- 2026-06-30: 136.68 RSUs @ $26.55 each = $3,629 (Footnote F1)
- 2026-06-30: 1,926.782 common-share equivalents @ $31.14 each = $60,000 (Footnote F2)
- Filing: Report filed 2026-07-01 (covers transactions through 2026-06-30).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: RSUs granted under the 2019 Long-Term Incentive Plan and deferred under the Directors Deferred Compensation Plan (DDCP); each RSU converts to one share when vested and delivered per DDCP/distribution elections.
- F2: Common-share equivalents from dividend reinvestment; these fully vested on the transaction date and become payable upon termination of director service.
- F3: Indicates common-share equivalents held under the DDCP are economic equivalents of one share and payable upon termination.
- No sale, options exercise, or 10b5-1 plan mentioned.
Context These entries are derivative awards and deferred compensation adjustments (awarded/allocated, not open-market buying), which are typical for director compensation and vesting/dividend reinvestment mechanics. Such awards do not by themselves indicate the director bought or sold company stock on the open market.
Insider Transaction Report
- Award
Common Share Equivalent
[F1][F2][F3]2026-06-30$26.55/sh+136.68$3,629→ 11,476.791 total→ Common Stock (136.68 underlying) - Award
Common Share Equivalent
[F1][F3]2026-06-30$31.14/sh+1,926.782$60,000→ 13,403.573 total→ Common Stock (1,926.782 underlying)
- 4,000
Common Stock
Footnotes (3)
- [F1]Represents restricted stock units acquired by the reporting person under the 2019 Long-term incentive plan and deferred under the DDCP as of the date of this form. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.
- [F2]Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares. Common share equivalents received for dividend reinvestments fully vested on the transaction date listed above and become payable upon termination of service as a director.
- [F3]Represents common share equivalents held pursuant to Directors Deferred Compensation Plan as of the date of this form. Each common share equivalent is the economic equivalent of one share of common stock. Common stock equivalents become payable upon the reporting persons termination of service as a director.