Form 4: Midland States Bancorp CEO Sells Shares
Insider Transaction (Form 4)
Jeffrey G. Ludwig, President & CEO and a Director of Midland States Bancorp, Inc., sold 8,383 shares of common stock on July 28, 2026 for $34.00 per share.
Summary
- Option exercise/conversion: acquired 8,383 Common Stock at $28.59 ($239,670) on July 28, 2026; holds 409,354 after (Direct).
- Open-market sale: disposed of 8,383 Common Stock at $34.00 ($285,023) on July 28, 2026; holds 400,971 after (Direct).
- Option exercise/conversion: disposed of 8,383 Option (right to buy) on July 28, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $285,023 of stock on the open market.
Insider Transactions
Jeffrey G. Ludwig — Director, Officer (President & CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-28 | Option exercise/conversion | Common Stock | 8,383 | $29 | $239.7K | 409,354.432 |
| 2026-07-28 | Open-market sale | Common Stock | 8,383 | $34 | $285.0K | 400,971.432 |
| 2026-07-28 | Option exercise/conversion | Option (right to buy) | 8,383 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-28 | Option exercise/conversion (8,383 shares) |
| 2026-07-28 | Open-market sale (8,383 shares) |
| 2026-07-28 | Option exercise/conversion (8,383 shares) |
Keywords
insider transaction, Form 4, MSBI, Midland States Bancorp, Inc., bearish, Jeffrey G. Ludwig
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