Form 4: Midland States Bancorp Executive Daniel Casey Reports Stock Disposal
SEC Form 4 Filing
Daniel Edward Casey, CROF of Midland States Bancorp, Inc., reported the disposal of 178 shares of common stock on May 1, 2024, to cover tax obligations.
Summary
- On May 1, 2024, Daniel Edward Casey, the CROF of Midland States Bancorp, Inc. (MSBI), disposed of 178 shares of common stock.
- The transaction was executed at a price of $22.99 per share.
- Following the transaction, Casey directly owns 8,642 shares of Midland States Bancorp, Inc.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction, and it doesn't inherently convey positive or negative sentiment. It's a factual report of a stock disposal.
Industry Context
This is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| June 8, 2022 | Date of Power of Attorney execution. |
| May 1, 2024 | Date of stock disposal transaction. |
| May 3, 2024 | Date of Form 4 signature. |
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