Midland States Bancorp (MSBI) director DiMotta granted stock and share equivalents

Rhea-AI Filing Summary

Midland States Bancorp director Jennifer DiMotta reported routine equity compensation and dividend-related awards. She received a grant of 1,445 shares of common stock at $31.14 per share as an annual director stock award with immediate vesting, increasing her direct common stock holdings to 8,244 shares.

She also acquired 199.269 common share equivalents at $26.55 per equivalent through dividend reinvestment in the deferred director compensation plan, bringing her common share equivalents to 11,394.5237. In addition, she holds restricted stock units tied to 5,338 underlying shares of common stock. All transactions are characterized as grants or awards rather than open-market trades.

Insights

Equity compensation analyst

Filing shows routine director equity awards with no open-market trading.

Midland States Bancorp director Jennifer DiMotta reported equity compensation rather than discretionary stock purchases or sales. She received 1,445 common shares as an annual director stock grant with immediate vesting and additional common share equivalents through dividend reinvestment in a deferred compensation plan.

These grants increase her exposure to MSBI equity while leaving significant positions outstanding, including 8,244 common shares, 11,394.5237 common share equivalents, and restricted stock units on 5,338 underlying shares. Because there are no open-market buys or sells, the filing primarily reflects standard board compensation mechanics.

Future company filings may update director equity balances as additional annual awards or dividend reinvestments occur, but this report alone does not indicate any change in trading sentiment or strategy by the director.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider DiMotta Jennifer

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Share Equivalent	199.269	$26.55	$5K
Grant/Award	Common Stock	1,445	$31.14	$45K
holding	Restricted Stock Unit	--	--	--

Holdings After Transaction: Common Share Equivalent — 11,394.524 shares (Direct, null); Common Stock — 8,244 shares (Direct, null); Restricted Stock Unit — 5,338 shares (Direct, null)

Footnotes (1)

1. Annual Director Stock Award with immediate vesting schedule. Each common stock equivalent is the economic equivalent of one share of common stock. 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

Common stock grant: 1,445 shares at $31.14/share Common shares held: 8,244 shares Common share equivalents acquired: 199.269 equivalents at $26.55 +2 more

5 metrics

Common stock grant 1,445 shares at $31.14/share Annual director stock award on June 30, 2026

Common shares held 8,244 shares Direct common stock holdings after transactions

Common share equivalents acquired 199.269 equivalents at $26.55 Dividend reinvestment in deferred director compensation plan

Total common share equivalents 11,394.5237 equivalents Balance after June 30, 2026 transactions

Restricted stock units underlying shares 5,338 shares RSUs tied to Midland States Bancorp common stock

Key Terms

Restricted Stock Unit, Common share equivalents, DDCP, Annual Director Stock Award

4 terms

Restricted Stock Unit financial

"Security title listed as "Restricted Stock Unit" with 5,338 underlying shares of common stock"

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.

Common share equivalents financial

"Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends"

DDCP financial

"acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter"

Annual Director Stock Award financial

"Annual Director Stock Award with immediate vesting schedule."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 12:28 PM Accepted by SEC EDGAR 07/01/2026 - 12:28 PM Learn about SEC filing dates

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		A		1,445	A(1)	$31.14	8,244	D

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
Common Share Equivalent	(2)	06/30/2026		A		199.269		(2)	(2)	Common Stock	199.269	$26.55(3)	11,394.5237	D
Restricted Stock Unit	(2)							(2)	(2)	Common Stock	5,338		5,338	D

Explanation of Responses:

1. Annual Director Stock Award with immediate vesting schedule.

2. Each common stock equivalent is the economic equivalent of one share of common stock.

3. 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, Jennifer	07/01/2026
	/s/Nathan D. Sturycz, attorney-in-fact	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Midland States Bancorp (MSBI) director Jennifer DiMotta report in this Form 4?

She reported routine equity compensation awards, not open-market trades. The filing shows a grant of common stock and additional common share equivalents from dividend reinvestment, along with existing restricted stock units tied to Midland States Bancorp common shares.

How many Midland States Bancorp common shares does Jennifer DiMotta hold after this Form 4?

After the award, she directly holds 8,244 shares of Midland States Bancorp common stock. This total reflects the addition of 1,445 granted shares on June 30, 2026, characterized as an annual director stock award with immediate vesting.

What equity awards did Jennifer DiMotta receive from Midland States Bancorp on June 30, 2026?

She received 1,445 shares of common stock at $31.14 per share as an annual director stock award and 199.269 common share equivalents at $26.55 each through dividend reinvestment in the deferred director compensation plan.

What are the common share equivalents reported for Midland States Bancorp director Jennifer DiMotta?

She holds 11,394.5237 common share equivalents, each economically equal to one common share. The filing notes that 199.269 of these were acquired via dividend reinvestment in the deferred director compensation plan and become payable upon termination of service as a director.

Does this Midland States Bancorp Form 4 show any stock purchases or sales by Jennifer DiMotta?

No, it does not show open-market purchases or sales. The transactions are coded as awards or acquisitions related to director compensation and dividend reinvestment, along with a holding entry for restricted stock units linked to common stock.

What restricted stock units does Jennifer DiMotta hold at Midland States Bancorp?

She holds restricted stock units tied to 5,338 underlying shares of Midland States Bancorp common stock. The filing describes these as an annual director stock award with an immediate vesting schedule, providing additional equity-based compensation exposure.