STOCK TITAN

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.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

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 DiMotta Jennifer
Role Director
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 -- -- --
Holdings After Transaction: Common Share Equivalent — 11,559.9427 contracts (Direct); Restricted Stock Unit — 5,338 contracts (Direct); Common Stock — 8,244 shares (Direct)
Footnotes (2)
  1. F1. Each common stock equivalent is the economic equivalent of one share of common stock.
  2. 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.
Common share equivalents acquired 165 common share equivalents Acquired September 30, 2026 through dividend reinvestment
Reported transaction price $33.38 per share September 30, 2026 acquisition
Common share equivalents following transaction 11,560 common share equivalents Reported September 30, 2026
Restricted Stock Units 5,338 units Direct holdings reported September 30, 2026
Common Stock 8,244 shares Direct holdings reported September 30, 2026
Common Share Equivalent technical
"common share equivalents acquired by the reporting person in the DDCP"
Restricted Stock Unit financial
"Restricted Stock Unit"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
fully vested financial
"fully vested on the transaction date listed above"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MSBI common share equivalents did Jennifer DiMotta acquire, and at what price?

Jennifer DiMotta acquired 165 common share equivalents at a reported $33.38 per share on September 30, 2026. The equivalents came from dividend reinvestment in the DDCP, vested on the transaction date, and become payable upon termination of her director service. No Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
DiMotta Jennifer

(Last)(First)(Middle)
1201 NETWORK CENTRE DRIVE

(Street)
EFFINGHAM ILLINOIS 62401

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Midland States Bancorp, Inc. [ MSBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock8,244D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Share Equivalent(1)09/30/2026A165.419 (1) (1)Common Stock165.419$33.38(2)11,559.9427D
Restricted Stock Unit(1) (1) (1)Common Stock5,3385,338D
Explanation of Responses:
1. Each common stock equivalent is the economic equivalent of one share of common stock.
2. 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.
Remarks:
/s/DiMotta, Jennifer10/01/2026
/s/Nathan D. Sturycz, attorney-in-fact10/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Keep reading