Form 4: Director Ramos Acquires Midland States Bancorp Stock

Richard T. Ramos, a Director at Midland States Bancorp, Inc., reported the acquisition of 1,445 shares of common stock on June 30, 2026, as part of an annual director stock award.

Summary

• Richard T. Ramos, a Director of Midland States Bancorp, Inc. (MSBI), acquired 1,445 shares of common stock on June 30, 2026.
• This acquisition was part of an annual director stock award with an immediate vesting schedule.
• The purchase price for the award was $31.14 per share.
• Following this transaction, Mr. Ramos beneficially owns 21,548 shares of common stock directly.
• Additionally, Mr. Ramos acquired 618.678 common stock equivalents through dividend reinvestment in the Director Deferred Compensation Plan (DDCP).
• These common stock equivalents were acquired at an average price of $26.55 per share.
• Mr. Ramos's total beneficial ownership in common stock and equivalents is 46,958.5491.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it reflects a standard director compensation practice and insider acquisition, indicating continued alignment with shareholder interests.

Positives

• Director acquisition of company stock signals confidence in the company's future prospects.
• The acquisition was an annual award, indicating a consistent compensation structure for directors.
• Dividend reinvestment in the DDCP further demonstrates a commitment to long-term value.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. The transactions reported are historical acquisitions.

Industry Context

StockSavvy.ai notes that director stock awards and dividend reinvestment plans are common practices in the banking industry to align executive and director interests with those of shareholders and to encourage long-term investment.

Stakeholder Impact

• Shareholders: The acquisition by a director may be viewed positively, signaling confidence in the company's performance and value.

Key Dates

Keywords

Midland States Bancorp, MSBI, Form 4, Director Stock Award, Beneficial Ownership, Common Stock, Richard T. Ramos, SEC Filing, Insider Trading