Form 4: Midland States Bancorp Director Richard Dean Bingham Reports Transactions in Company Stock

Director Richard Dean Bingham reports transactions in Midland States Bancorp stock, including acquisitions of common share equivalents and adjustments to holdings in IRA and Agracel, Inc.

Summary

• Richard Dean Bingham, a director of Midland States Bancorp, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The report includes transactions from March 31, 2025, and covers common stock and common share equivalents held through a Directors Deferred Compensation Plan (DDCP).
• Bingham acquired common share equivalents through dividend reinvestments and deferred director fees.
• He also holds common stock directly and indirectly through an IRA and Agracel, Inc.
• The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, reflecting standard insider trading activity. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The common share equivalents become payable upon the reporting person's termination of service as a director.

Industry Context

This filing is a routine disclosure required by Section 16(a) of the Securities Exchange Act, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director's holdings and transactions.

Key Dates

Keywords

Form 4, Midland States Bancorp, Director, Richard Dean Bingham, Stock Transactions, Beneficial Ownership, Common Stock, DDCP, Securities