Midland States (MSBI) CROF Casey Daniel Edward Receives Award

What Happened
Casey Daniel Edward, listed as CROF at Midland States Bancorp (MSBI), acquired 356 shares on 2026-09-30 at $28.23 per share for a total value of about $10,050. The transaction is reported as an acquisition/award (code A) and reflects shares purchased through the issuer’s Employee Stock Purchase Plan (ESPP).

Key Details

• Transaction date and price: 2026-09-30; 356 shares at $28.23 each (total ≈ $10,050).
• Transaction type/code: Grant/award or other acquisition (A) via ESPP.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Shares were acquired through contributions to the issuer’s ESPP. The ESPP purchase price is the lower of 90% of the fair market value on the first day of the quarter or the closing price on the last day of the quarter.
• Filing timeliness: Report filed 2026-10-01 for a 2026-09-30 transaction — within the usual Form 4 reporting window (timely).

Context
This is a routine ESPP purchase — a common employee benefit that lets participants buy company stock at a discount; it’s generally not an unusual insider signal. The purchase size is modest (~$10k) and likely reflects regular payroll contributions to the ESPP rather than a discretionary large buy or sale.