MidWestOne Financial CEO Adds $139k of Stock in Open-Market Purchase

Rhea-AI Filing Summary

MidWestOne Financial Group (MOFG) CEO & Director Charles N. Reeves filed a Form 4 detailing open-market insider buys on 29 Jul 2025.

• Purchased 2,500 shares at $28.3351 and 2,500 shares at $27.7402, totalling 5,000 shares for roughly $139 k.
• Direct ownership rises to 58,867.348 shares, a 9.3% increase from the prior reported balance.
• Indirect holdings unchanged: 32,000 shares held via an IRA and 234.572 shares inside the company 401(k) plan.
• Footnotes note 70.175 dividend-equivalent RSUs and 176.598 DRIP shares credited since the last filing.

No sales or derivative transactions were reported. The filing reflects net insider accumulation at prices in the high-$27 to low-$28 range.

Positive

• CEO & Director bought 5,000 shares on the open market, indicating personal confidence in MOFG’s value.
• Direct ownership increased 9.3% to 58,867.348 shares, strengthening management–shareholder alignment.

Negative

• Purchase size is relatively small (≈$139 k) and unlikely to affect overall share supply-demand dynamics.

Insights

Securities Analyst

TL;DR: CEO’s $139 k buy lifts direct stake 9%, signaling continued alignment with shareholders.

Open-market purchases coded “P” are generally discretionary, indicating the executive’s confidence in near-term valuation. While $139 k is modest against MOFG’s market capitalisation, it meaningfully increases Reeves’ personal exposure and adds to prior dividend-related share growth. No offsetting sales, derivatives, or hedges were disclosed, thereby reinforcing the positive signal. The cumulative 90k+ shares (direct + indirect) underscore long-term alignment. Impact: modestly positive sentiment; immaterial to financials but potentially supportive for investor perception.

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).

1. Name and Address of Reporting Person^*

REEVES CHARLES N

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2025

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	07/29/2025		P		2,500	A	$28.3351	56,367.348(1)	D
Common Stock	07/29/2025		P		2,500	A	$27.7402	58,867.348	D
Common Stock								32,000	I	By IRA
Common Stock								234.572(2)	I	By 401(k)(3)

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. Includes 70.175 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. Also includes 176.598 shares acquired through dividend reinvestment since the reporting person's last required Form filing.

2. Shares held in the reporting person's account from within the MidWestOne Financial Group, Inc.. 401(k) Plan, as of July 29, 2025. Reported shares have increased by 3.747 shares since the date of the reporting person's previous Form filing due to an allocation to his account.

3. 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 Charles N. Reeves under Power of Attorney dated April 21, 2023	07/29/2025
	** 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.

FAQ

How many MOFG shares did CEO Charles N. Reeves purchase?

5,000 shares were bought on 29 Jul 2025.

What prices were paid for the newly acquired MOFG shares?

2,500 shares at $28.3351 and 2,500 shares at $27.7402.

What is the CEO’s total direct ownership after the transaction?

Reeves now directly owns 58,867.348 shares.

Were any MOFG shares sold or derivatives exercised in this Form 4?

No; the filing lists only purchases and shows zero sales or derivative activity.

How many MOFG shares does the CEO hold indirectly through retirement accounts?

He holds 32,000 shares in an IRA and 234.572 shares within the company 401(k) plan.