Form 4: Midland States Bancorp Director Reports Share Transaction
SEC Form 4
Director Robert F. Schultz reports a transaction involving Midland States Bancorp, Inc. common stock on November 6, 2024.
Summary
- On November 6, 2024, Robert F. Schultz, a director of Midland States Bancorp, Inc., reported a transaction involving the company's common stock.
- The transaction involved 4,262.294 shares of common stock.
- Following the transaction, Schultz's direct holdings include 0 shares, while indirect holdings include 32,117 shares held by a spouse, 30,153 shares held by Red Bird Investors, LLC, 37,845.688 shares held by Summit Investors, LLP and 200,030 shares held by J.M. Schultz Investment, LLC.
- Schultz also holds 96,637.4321 common share equivalents and 9,146 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider trading regulations and provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| February 2, 2016 | Date of execution of Power of Attorney. |
| November 6, 2024 | Date of the reported transaction. |
| November 8, 2024 | Date of signature of the Form 4 filing. |
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