Form 4: MidWestOne Director McCormick Acquires Restricted Stock Units
SEC Form 4 Filing
Director Tracy S. McCormick acquired 1,091 restricted stock units in MidWestOne Financial Group, Inc.
Summary
- Tracy S. McCormick, a director of MidWestOne Financial Group, Inc., acquired 1,091 shares of common stock on May 15, 2025.
- The acquisition was in the form of restricted stock units, granted at a price of $0 per share.
- These restricted stock units vest on May 15, 2026.
- Following the transaction, McCormick directly owns 93,656 shares of MidWestOne Financial Group, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard regulatory filing detailing a routine transaction.
Positives
- The acquisition of restricted stock units by a director signals confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 2023/04/27 | Power of Attorney dated for Tracy S. McCormick. |
| 2025/05/15 | Date of transaction: Acquisition of 1,091 restricted stock units. |
| 2025/05/16 | Date of Form 4 filing. |
| 2026/05/15 | Vesting date for the acquired restricted stock units. |
Keywords
MidWestOne Financial Group, MOFG, Tracy S. McCormick, Director, Restricted Stock Units, Beneficial Ownership, Form 4, Acquisition
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