Form 4: Midland States Bancorp Director Carlson Acquires 2,000 Shares of Common Stock

Director Gerald Joseph Carlson of Midland States Bancorp, Inc. reports the acquisition of 2,000 shares of common stock at $19.97 per share on February 7, 2025.

Summary

• On February 7, 2025, Gerald Joseph Carlson, a director of Midland States Bancorp, Inc., acquired 2,000 shares of common stock at a price of $19.97 per share.
• Following this transaction, Carlson directly owns 4,000 shares of common stock.
• Carlson also holds 4,095.288 common share equivalents through the Directors Deferred Compensation Plan (DDCP) and restricted stock units acquired under the 2019 Long-term incentive plan.
• These restricted stock units represent a contingent right to receive one share of Issuer common stock each, with vested shares to be delivered based on the terms of the DDCP and Carlson's distribution elections.
• Nathan D. Sturycz, as attorney-in-fact, signed the report on Carlson's behalf.

Sentiment

Score: 6

Explanation: Neutral sentiment. The document simply reports a transaction. The director's purchase is a potentially positive signal, but not definitively so.

Positives

• Director's purchase may signal confidence in the company's prospects.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. This purchase by a director could be interpreted as a positive signal.

Comparison to Industry Standards

• Comparing insider trading activity at Midland States Bancorp to similar regional banks would provide a better understanding of whether this transaction is typical or unusual.
• Analyzing the volume and frequency of insider transactions across the banking sector can help determine if this purchase is part of a broader trend or specific to Midland States Bancorp.

Stakeholder Impact

• The stock purchase by a director could positively influence shareholder sentiment.

Key Dates

Keywords

Midland States Bancorp, Director, Carlson, Stock Acquisition, Form 4, MSBI, Common Stock, DDCP, Restricted Stock Units, Insider Trading