Midland States director acquires 165 share equivalents
The director's dividend-reinvestment equivalents vested on the transaction date and become payable upon termination of her director service.
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Rhea-AI Filing Summary
Midland States Bancorp, Inc. director Jennifer DiMotta acquired 165 common share equivalents on September 30, 2026, through reinvestment of dividends received during the quarter on equivalents she held in the DDCP. The reported price was $33.38 per share. The equivalents vested on that date and become payable upon termination of her director service. Her reported post-transaction balance was 11,560 common share equivalents. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Share Equivalent F1, F2 | 165.419 | $33.38 | $6K |
| holding | Restricted Stock Unit F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Each common stock equivalent is the economic equivalent of one share of common stock.
- F2. Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares. Common share equivalents received for dividend reinvestments fully vested on the transaction date listed above and become payable upon termination of service as a director.
Key Figures
Key Terms
Restricted Stock Unit financial
fully vested financial
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