STOCK TITAN
  1. Home
  2. Sec-filings
  3. MOFG
  4. [Form 4] MidWestOne Financial Group, Inc. Insider Trading Activity

MidWestOne (NASDAQ: MOFG) SVP awarded 1,066 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MidWestOne Financial Group, Inc. reported that SVP & Chief Credit Officer Gary L. Sims acquired 1,066 shares of common stock as restricted stock units on January 15, 2026 at a price of $0 per share. These time-based restricted stock units vest on January 15, 2027, or on the legal close date of the merger announced October 23, 2025 between MidWestOne Financial Group, Inc. and Nicolet Bankshares, Inc., whichever occurs first.

Following this grant, Sims beneficially owns 17,866.922 shares of common stock directly, which include 17.006 dividend equivalents credited to unvested restricted stock units instead of cash dividends. He also indirectly holds 1,811.984 shares through his account in the MidWestOne Financial Group, Inc. 401(k) Plan as of December 31, 2025.

Positive

  • None.

Negative

  • None.
Insider Sims Gary L
Role SVP & Chief Credit Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,066 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 17,866.922 shares (Direct); Common Stock — 1,811.984 shares (Indirect, By 401(k))
Footnotes (1)
  1. Represents restricted stock units acquired pursuant to a grant of time-based restricted stock units which vest on January 15, 2027, or on the legal close date of the merger announced October 23, 2025, of MidWestOne Financial Group, Inc. with and into Nicolet Bankshares, Inc., with Nicolet Bankshares, Inc. as the surviving corporation, whichever comes first. Includes 17.006 Dividend Equivalents credited to unvested time-based RSUs in lieu of a cash dividend payment since the reporting person's last required Form filing. Each whole Dividend Equivalent is the economic equivalent of one share of MidWestOne Financial Group, Inc. common stock. Shares held in the reporting person's account from within the MidWestOne Financial Group, Inc. 401(k) Plan, as of December 31, 2025. Reported shares have increased by 281.004 shares since the date of the reporting person's previous Form filing due to allocations to his account. The MidWestOne Financial Group, Inc. Employee Stock Ownership Plan (formerly the "ESOP") was merged into the MidWestOne Financial Group, Inc. 401(k) Plan (the "401(k)") on May 7, 2025. Shares from the reporting person's ESOP account were merged into the reporting person's account in the 401(k).
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sims Gary L
(Last) (First) (Middle)
102 S. CLINTON STREET
P.O. BOX 1700
(Street)
IOWA CITY IA 52244-1700
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MidWestOne Financial Group, Inc. [ MOFG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Credit Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/15/2026 A(1) 1,066 A $0 17,866.922(2) D
Common Stock 1,811.984(3) I By 401(k)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units acquired pursuant to a grant of time-based restricted stock units which vest on January 15, 2027, or on the legal close date of the merger announced October 23, 2025, of MidWestOne Financial Group, Inc. with and into Nicolet Bankshares, Inc., with Nicolet Bankshares, Inc. as the surviving corporation, whichever comes first.
2. Includes 17.006 Dividend Equivalents credited to unvested time-based RSUs in lieu of a cash dividend payment since the reporting person's last required Form filing. Each whole Dividend Equivalent is the economic equivalent of one share of MidWestOne Financial Group, Inc. common stock.
3. Shares held in the reporting person's account from within the MidWestOne Financial Group, Inc. 401(k) Plan, as of December 31, 2025. Reported shares have increased by 281.004 shares since the date of the reporting person's previous Form filing due to allocations to his account.
4. The MidWestOne Financial Group, Inc. Employee Stock Ownership Plan (formerly the "ESOP") was merged into the MidWestOne Financial Group, Inc. 401(k) Plan (the "401(k)") on May 7, 2025. Shares from the reporting person's ESOP account were merged into the reporting person's account in the 401(k).
Remarks:
Kenneth R. Urmie, Deputy Corporate Secretary, for Gary L. Sims under Power of Attorney dated April 21, 2023 01/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MidWestOne (MOFG) report for Gary L. Sims?

MidWestOne reported that Gary L. Sims, its SVP & Chief Credit Officer, acquired 1,066 shares of common stock in the form of time-based restricted stock units on January 15, 2026 at a price of $0 per share.

What are the vesting terms of the 1,066 restricted stock units reported by MOFG?

The 1,066 restricted stock units vest on January 15, 2027, or on the legal close date of the merger announced October 23, 2025 between MidWestOne Financial Group, Inc. and Nicolet Bankshares, Inc., whichever comes first.

How many MidWestOne (MOFG) shares does Gary L. Sims own after this Form 4 transaction?

After the reported grant, Gary L. Sims beneficially owns 17,866.922 shares of MidWestOne common stock directly and 1,811.984 shares indirectly through the MidWestOne Financial Group, Inc. 401(k) Plan, as of December 31, 2025 for the 401(k) holdings.

What are the dividend equivalents mentioned in the MidWestOne (MOFG) Form 4 filing?

The filing states that the direct holdings include 17.006 dividend equivalents credited to unvested time-based restricted stock units instead of cash dividend payments. Each whole dividend equivalent is the economic equivalent of one share of MidWestOne common stock.

How are Gary L. Sims’s MidWestOne (MOFG) 401(k) shares described in the filing?

The Form 4 notes that 1,811.984 shares are held in the reporting person’s account within the MidWestOne Financial Group, Inc. 401(k) Plan as of December 31, 2025, reflecting an increase of 281.004 shares since his previous Form filing due to allocations to his account.

What is Gary L. Sims’s role at MidWestOne Financial Group (MOFG)?

According to the filing, Gary L. Sims is an officer of MidWestOne Financial Group, Inc., serving as SVP & Chief Credit Officer.

How did the MidWestOne ESOP affect Gary L. Sims’s 401(k) holdings?

The filing explains that the MidWestOne Financial Group, Inc. Employee Stock Ownership Plan was merged into the company’s 401(k) Plan on May 7, 2025, and shares from the reporting person’s ESOP account were merged into his 401(k) account.