Bingham Richard Dean 4

4 · Midland States Bancorp, Inc. · Filed Jul 1, 2026

AI-generated summary of this filing

Updated Jul 1, 2026

Midland States (MSBI) Director Richard Bingham Receives Awards

What Happened

Richard Bingham, a director of Midland States Bancorp (MSBI), acquired two grants of common share equivalents on 2026-06-30. He received 393.1 units at $26.55 each (value $10,437) and 1,445 units at $31.14 each (value $44,997), for a total of 1,838.1 common share equivalents valued at about $55,434. These transactions are reported as awards/acquisitions (derivative instruments) rather than open-market purchases.

Key Details

Transaction date: 2026-06-30 (filed 2026-07-01). Transaction code: A (award/grant).
Prices and values: 393.1 @ $26.55 = $10,437; 1,445 @ $31.14 = $44,997; total ≈ $55,434.
Shares owned after transaction: Not specified in the Form 4 filing.
Footnotes: Reporting person disclaims beneficial ownership except for pecuniary interest (F1). Grants represent common share equivalents under the Directors Deferred Compensation Plan (DDCP) (F2, F4). Some equivalents were acquired via dividend reinvestment during the quarter and vested on the transaction date (F3).
Filing timeliness: No late filing indicated (filed the day after the reported transactions).

Context

These are common share equivalents under a deferred compensation plan — economic equivalents to shares that become payable (convertible to cash or stock per plan rules) when the director leaves service. They are derivative awards, not immediate open-market purchases, and typically reflect compensation or reinvestment rather than a direct trading signal.

Form 4

Period: 2026-06-30

Director

Transactions

Award
Common Share Equivalent
[F2][F3]
2026-06-30$26.55/sh+393.1$10,437→ 23,128.92 total
→ Common stock (393.1 underlying)
Award
Restricted Stock Unit
[F4]
2026-06-30$31.14/sh+1,445$44,997→ 11,324.106 total
→ Common Stock (1,445 underlying)

Holdings

Footnotes (4)

[F1]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
[F2]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.
[F3]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.
[F4]Each common stock equivalent is the economic equivalent of one share of common stock.

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