Form 4: Midland States Bancorp Director Deborah Golden Reports Acquisition of Common Share Equivalents

Director Deborah Golden reports acquiring common share equivalents through dividend reinvestment in Midland States Bancorp's DDCP.

Summary

• Director Deborah Golden filed a Form 4 detailing changes in beneficial ownership of Midland States Bancorp, Inc. securities.
• The report indicates the acquisition of common share equivalents through the company's Dividend Direct Compensation Program (DDCP).
• On June 28, 2024, Ms. Golden acquired 278.728 common share equivalents at $23.45.
• On June 30, 2024, she acquired an additional 607.064 common share equivalents at $22.65.
• Ms. Golden directly owns 2,171 shares of common stock.
• Following these transactions, Ms. Golden beneficially owns 16,571.5836 common share equivalents.
• Ms. Golden also owns 6,160 restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's participation in the DDCP suggests confidence in the company, but the filing itself is a routine disclosure.

Positives

• Director's participation in the DDCP shows confidence in the company's future.

Industry Context

Directors' transactions are closely watched as indicators of company health and management's confidence. Acquisitions can be seen as a positive signal.

Stakeholder Impact

• The director's increased stake could be viewed positively by shareholders.

Key Dates