Form 4: Midland States Bancorp Director Deborah A. Golden Reports Acquisition of Common Stock

Sentiment:

SEC Form 4


Director Deborah A. Golden reports acquiring 12,206 shares of common stock in Midland States Bancorp, Inc.

Summary

  • On July 9, 2024, Deborah A. Golden, a director of Midland States Bancorp, Inc., reported acquiring 12,206 shares of common stock at a price of $22.65 per share.
  • Following this transaction, Golden directly owns 14,377 shares of common stock.
  • Golden also holds 10,525.5836 common share equivalents through a Directors Deferred Compensation Plan.
  • The report was filed on July 10, 2024, with Douglas J. Tucker, acting as attorney-in-fact.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition by a director. The acquisition itself can be seen as mildly positive, but the filing is a standard procedure.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The acquisition of shares by a director may positively influence shareholder sentiment.

Key Dates

DateDescription
February 2, 2016Date of Power of Attorney execution, authorizing Douglas J. Tucker to act on behalf of Deborah A. Golden for Section 16 filings.
07/09/2024Date of transaction: Acquisition of common stock and common share equivalents.
07/10/2024Date of Form 4 filing.

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