Form 4: Midland States Bancorp EVP Acquires Shares via ESPP
Insider Transaction Report
Midland States Bancorp's EVP and Chief Credit Officer, Jeremy Andrew Jameson, acquired 471 shares of common stock through the company's Employee Stock Purchase Plan at $15.129 per share.
Summary
- Jeremy Andrew Jameson, Executive Vice President and Chief Credit Officer of Midland States Bancorp, Inc. (MSBI), acquired 471 shares of common stock.
- The transaction occurred on December 31, 2025, at a price of $15.129 per share.
- These shares were acquired through contributions to the Issuer's Employee Stock Purchase Plan (ESPP).
- The ESPP price is determined as the lower of 90% of the fair market value on the first day of the calendar quarter or the closing price on the last day of the quarter.
- Following this transaction, Mr. Jameson directly beneficially owns 63,883 shares of Midland States Bancorp common stock.
- A Power of Attorney was executed on August 5, 2025, appointing Nathan D. Sturycz and Stephanie Gurgel as attorneys-in-fact for Section 16 filings.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive due to an insider acquiring shares, indicating confidence in the company, even though it's a routine ESPP transaction and not a discretionary open-market purchase.
Positives
- Increased insider ownership, albeit a small amount, which can align management interests with shareholders.
- Participation in the Employee Stock Purchase Plan demonstrates management's confidence and commitment to the company.
Future Outlook
NA
Industry Context
This is a routine insider transaction report (Form 4) detailing an executive's acquisition of company stock through an employee benefit plan. It does not provide broader industry context or competitive analysis.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Jeremy Andrew Jameson executed a Power of Attorney appointing Nathan D. Sturycz and Stephanie Gurgel as attorneys-in-fact to prepare and file Section 16 reports (Forms 3, 4, and 5) on his behalf. | 08/05/2025 | This streamlines the process for insider trading compliance filings, ensuring timely and accurate submissions to the SEC. |
Stakeholder Impact
- Shareholders: The acquisition of shares by an executive, even through an ESPP, can be viewed as a positive signal of management's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 08/05/2025 | Power of Attorney executed by Jeremy Jameson for Section 16 filings. |
| 12/31/2025 | Date of transaction where 471 shares were acquired. |
| 01/02/2026 | Date the Form 4 was signed. |
Keywords
Midland States Bancorp, MSBI, Insider Transaction, Form 4, Employee Stock Purchase Plan, ESPP, Common Stock, Jeremy Andrew Jameson, Chief Credit Officer
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