Form 4: Midland States Bancorp Exec Trades MSBI Stock
Insider Transaction Report
Claire Ann Stack, EVP - Chief Financial Officer of Midland States Bancorp, Inc., reported a transaction involving the acquisition of 6,357 shares of common stock.
Summary
- Claire Ann Stack, the Executive Vice President and Chief Financial Officer of Midland States Bancorp, Inc. (MSBI), has reported a transaction.
- On May 12, 2026, Ms. Stack acquired 6,357 shares of common stock.
- The acquisition was made at a price of $27.53 per share.
- Following this transaction, Ms. Stack beneficially owns 7,998 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider transaction without providing new financial information or strategic outlook.
Positives
- The Chief Financial Officer has acquired additional shares in the company, which can be interpreted as a positive signal of confidence in the company's future prospects.
- The acquisition of 6,357 shares at $27.53 per share indicates a direct investment by a key executive.
Future Outlook
This filing does not contain forward-looking statements or guidance. It solely reports a past transaction.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those by CFOs, are closely watched by the market as they can signal management's conviction about the company's valuation and future performance. This Form 4 filing for Midland States Bancorp (MSBI) provides transparency into such an action.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Claire Ann Stack granted power of attorney to Nathan D. Sturycz, Stephanie Gurgel, and Summer Moorman to prepare, execute, and submit Section 16 filings (Forms 3, 4, 5) and Form 144 on her behalf. | 03/03/2026 | Facilitates timely and compliant reporting of insider transactions by enabling designated individuals to act on behalf of the reporting person. |
Stakeholder Impact
- Shareholders: May view the CFO's stock purchase as a positive indicator of confidence in the company's future performance, potentially influencing investment decisions.
- Employees: The transaction by a senior executive could reinforce a sense of alignment between management and shareholders.
- Creditors: No direct impact is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 03/03/2026 | Date of execution for the Power of Attorney document. |
| 05/12/2026 | Date of the earliest transaction reported and the transaction date for the acquisition of common stock. |
Keywords
Midland States Bancorp, MSBI, Form 4, SEC Filing, Insider Trading, Stock Transaction, Beneficial Ownership, Claire Ann Stack, Chief Financial Officer
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