Midland States (MSBI) insider sells 1,198 shares after exercising options
Rhea-AI Filing Summary
Midland States Bancorp, Inc. officer Kyle Owen Mooney reported an option exercise and related share movements in MSBI stock. He exercised 1,198 options at an exercise price of $28.59 per share, received 1,198 common shares, and on the same date sold 1,198 shares at $33.51 per share. Earlier in August, a total of 108 shares of common stock were delivered or withheld at prices of $34.24 and $34.53 per share for payment of exercise price or tax liability. He continues to hold a direct option position exercisable for 5,678 shares of common stock at an exercise price of $28.43 per share, expiring on October 31, 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,198 shares ($6K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Mooney Kyle Owen
Role
SVP - Chief Operating Officer
Sold
1,198 shs ($40K)
Approx. gross sale proceeds
$40K
Approx. exercise cost
$34K
Approx. pre-tax spread
$6K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (right to buy) | 1,198 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,198 | $28.59 | $34K |
| Sale | Common Stock | 1,198 | $33.51 | $40K |
| Exercise Price or Tax Liability | Common Stock | 50 | $34.24 | $2K |
| Exercise Price or Tax Liability | Common Stock | 58 | $34.53 | $2K |
| holding | Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Option (right to buy) — 5,678 shares (Direct);
Common Stock — 14,099 shares (Direct)
Key Figures
Options Exercised: 1,198 shares
Exercise Price: $28.59 per share
Shares Sold: 1,198 shares
+4 more
7 metrics
Options Exercised
1,198 shares
Options exercised into common stock on August 11, 2026
Exercise Price
$28.59 per share
Exercise price for 1,198 options converted to common stock
Shares Sold
1,198 shares
Common stock sold on August 11, 2026
Sale Price
$33.51 per share
Price for 1,198 common shares sold on August 11, 2026
Shares for Exercise Price or Tax
108 shares
Shares delivered or withheld on August 4–5, 2026
Remaining Option Underlying Shares
5,678 shares
Underlying common shares for remaining option position expiring October 31, 2032
Remaining Option Exercise Price
$28.43 per share
Exercise price of remaining option on 5,678 underlying shares
Key Terms
Option (right to buy), derivative security, Payment of exercise price or tax liability, Rule 10b5-1
4 terms
Option (right to buy) financial
"security_title: Option (right to buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Payment of exercise price or tax liability financial
"transaction_code_description: Payment of exercise price or tax liability"
Rule 10b5-1 regulatory
"Rule 10b5-1 checkbox: aff_10b5_one"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did MSBI executive Kyle Owen Mooney report on this Form 4?
Kyle Owen Mooney reported an option exercise for 1,198 shares of Midland States Bancorp, Inc. common stock, a sale of 1,198 shares, and the delivery or withholding of 108 shares to pay exercise price or tax liability.
At what price did Kyle Owen Mooney exercise MSBI stock options?
He exercised options at an exercise price of $28.59 per share for 1,198 shares of Midland States Bancorp, Inc. common stock on August 11, 2026, converting derivative securities into common shares before selling those shares the same day.
What MSBI stock options does Kyle Owen Mooney continue to hold?
He continues to hold an option (right to buy) exercisable for 5,678 shares of Midland States Bancorp, Inc. common stock at an exercise price of $28.43 per share, with an expiration date of October 31, 2032, reported as a direct holding.
Was the MSBI Form 4 trading under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox as not affirmed. The document-level indicator is false, meaning the transactions reported are not stated to have been effected pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
