Form 4: Midland States Bancorp Director Jennifer DiMotta Reports Transactions in Company Stock
SEC Form 4 Filing
Director Jennifer DiMotta reports acquisition and disposal of Midland States Bancorp (MSBI) common stock and common share equivalents.
Summary
- On June 30, 2024, Jennifer DiMotta, a director of Midland States Bancorp, acquired 1,987 shares of common stock at a price of $22.65 per share.
- She also disposed of 4,201 shares.
- Following these transactions, DiMotta directly owns 4,201 shares of common stock.
- On June 28, 2024, DiMotta acquired 193.097 common share equivalents at $23.45.
- She holds 9,462.1253 common share equivalents.
- DiMotta also holds 5,338 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing reporting stock transactions.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders' perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 2018-10-09 | Date of Power of Attorney execution. |
| 2024-06-28 | Date of common share equivalent acquisition. |
| 2024-06-30 | Date of common stock acquisition and disposal. |
| 2024-07-02 | Date of signature for the report. |
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