4Accepted Oct 1, 9:03 AM ET
Midland States (MSBI) Director Jennifer DiMotta Receives Award of 165 Shares
Accepted (ET)
9:03 AM
Oct 1, 2026
Filed
Oct 1, 2026
Documents
2
Size
12.0 KB
Summary
Midland States (MSBI) Director Jennifer DiMotta Receives Award of 165 Shares
What Happened
Jennifer DiMotta, a director of Midland States Bancorp, acquired 165.419 common share equivalents on 2026-09-30 as an award/acquisition (code A). The reported acquisition price equivalent was $33.38 per share, for a total economic value of approximately $5,522. This was a derivative award of common share equivalents under the company’s Deferred Director Compensation Plan (DDCP), not an open-market purchase.
Key Details
- Transaction date: 2026-09-30; filing date: 2026-10-01 (filing appears timely).
- Security: Common share equivalents (derivative), 165.419 units at $33.38 each; total ~$5,522.
- Transaction type/code: A (award/acquisition); nature: derivative common share equivalents under DDCP.
- Shares owned after transaction: not disclosed in the Form 4 provided.
- Footnotes: F1 — each common share equivalent equals one share of common stock; F2 — these equivalents were received via reinvestment of dividends in the DDCP, fully vested on the transaction date and payable upon termination of director service.
Context
This transaction reflects dividend reinvestment into the company's deferred compensation plan rather than a market buy or sale. Such awards are typically routine compensation/deferral activity and do not by themselves indicate insider sentiment about the stock.