Midland States Bancorp, Inc.·4

Jul 1, 12:28 PM ET

DiMotta Jennifer 4

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

Research Summary

AI-generated summary of this filing

Updated

Midland States (MSBI) Director Jennifer DiMotta Receives Stock Award

What Happened

  • Jennifer DiMotta, a director of Midland States Bancorp (MSBI), received equity on 2026-06-30: a director stock award of 1,445 shares at $31.14 each (value $44,997) and 199.269 common share equivalents credited at $26.55 each (value $5,291). The combined value of the transactions is about $50,288. These were acquisitions/awards (not sales).

Key Details

  • Transaction dates and prices: 1,445 shares @ $31.14 (2026-06-30); 199.269 share equivalents @ $26.55 (2026-06-30).
  • Total reported value: $44,997 + $5,291 = $50,288 (approx $50.3K).
  • Shares owned after the transaction: not disclosed in the filing.
  • Footnotes:
    • F1: The 1,445-share director award vested immediately.
    • F2: Each common share equivalent is the economic equivalent of one share of common stock.
    • F3: The 199.269 common share equivalents were credited in the DDCP via reinvested dividends; these equivalents fully vested on the transaction date and are payable upon termination of director service.
  • Filing timeliness: Form 4 filed 2026-07-01 for transactions dated 2026-06-30 (not marked late).

Context

  • These were award/acquisition transactions (not open-market purchases or sales). Awards and dividend reinvestments are routine for directors and reflect compensation or reinvested dividends rather than active market buying or selling. The common share equivalents are not immediately tradable shares but track the economic value of shares and become payable per the DDCP terms.

Insider Transaction Report

Form 4
Period: 2026-06-30
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-30$31.14/sh+1,445$44,9978,244 total
  • Award

    Common Share Equivalent

    [F2][F3]
    2026-06-30$26.55/sh+199.269$5,29111,394.524 total
    Common Stock (199.269 underlying)
Holdings
  • Restricted Stock Unit

    [F2]
    Common Stock (5,338 underlying)
    5,338
Footnotes (3)
  • [F1]Annual Director Stock Award with immediate vesting schedule.
  • [F2]Each common stock equivalent is the economic equivalent of one share of common stock.
  • [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.

Documents

2 files