Midland States COO sells 2,400 shares after exercise

Available on EDGAR 09/09/2026 - 09:13 AM EDT Accepted by SEC EDGAR 09/09/2026 - 09:12 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Midland States Bancorp, Inc. (MSBI) reported that its Senior Vice President and Chief Operating Officer, Kyle Owen Mooney, exercised stock options for 2,400 shares of common stock on September 8, 2026 at an exercise price of $28.43 per share and sold 2,400 shares of common stock on the same date at a price of $33.33 per share. Following the option exercise, he held 3,278 stock options directly, and no Rule 10b5-1 trading plan is reported in connection with these transactions.

Insider Trade Summary

Exercise and Sale: 2,400 shares ($12K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Mooney Kyle Owen

Role SVP - Chief Operating Officer

Sold 2,400 shs ($80K)

Approx. gross sale proceeds $80K

Approx. exercise cost $68K

Approx. pre-tax spread $12K

Type	Security	Shares	Price	Value
Exercise	Option (right to buy)	2,400	$0.00	$0.00
Exercise	Common Stock	2,400	$28.43	$68K
Sale	Common Stock	2,400	$33.33	$80K

Holdings After Transaction: Option (right to buy) — 3,278 contracts (Direct); Common Stock — 13,610 shares (Direct)

Key Figures

Shares acquired via option exercise: 2,400 shares Option exercise price: $28.43 per share Shares sold: 2,400 shares +3 more

6 metrics

Shares acquired via option exercise 2,400 shares Options for Midland States Bancorp common stock exercised on September 8, 2026

Option exercise price $28.43 per share Exercise price for 2,400 shares of Midland States Bancorp common stock

Shares sold 2,400 shares Common stock sale by COO on September 8, 2026

Sale price $33.33 per share Price for 2,400 Midland States Bancorp shares sold

Options held after transaction 3,278 options Directly held stock options following the reported exercise

Option expiration date October 31, 2032 Expiration of the stock options that were exercised for 2,400 shares

FAQ

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

What insider transactions did MSBI’s COO report on September 8, 2026?

Kyle Owen Mooney reported exercising options for 2,400 MSBI shares at $28.43 per share and selling 2,400 MSBI shares at $33.33 per share on September 8, 2026, in a sequence of option exercise followed by a share sale.

How many Midland States Bancorp (MSBI) shares did the COO sell?

The Chief Operating Officer, Kyle Owen Mooney, sold 2,400 shares of Midland States Bancorp common stock on September 8, 2026 at a price of $33.33 per share in a reported sale transaction.

What was the option exercise price in the MSBI Form 4 for the COO?

The Form 4 reports that Kyle Owen Mooney exercised stock options at $28.43 per share for 2,400 shares of Midland States Bancorp common stock on September 8, 2026, converting derivative holdings into common shares.

How many stock options does the MSBI COO hold after the reported transactions?

After the September 8, 2026 option exercise, Kyle Owen Mooney held 3,278 stock options directly, as reported for the option position following the transaction involving 2,400 underlying shares of Midland States Bancorp common stock.

Were the MSBI COO’s transactions under a Rule 10b5-1 trading plan?

The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions by Midland States Bancorp’s Chief Operating Officer; the document-level trading plan affirmation box is not checked.

What type of derivative security did the MSBI COO exercise?

Kyle Owen Mooney exercised stock options giving the right to buy 2,400 shares of Midland States Bancorp common stock, with an exercise price of $28.43 per share, originally scheduled to expire on October 31, 2032.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Mooney Kyle Owen

(Last) (First) (Middle)

1201 NETWORK CENTRE DR.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP - Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

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	09/08/2026		M		2,400	A	$28.43	16,010	D
Common Stock	09/08/2026		S		2,400	D	$33.33	13,610	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
Option (right to buy)	$28.43	09/08/2026		M			2,400	10/31/2023	10/31/2032	Common Stock	2,400	$0	3,278	D

Explanation of Responses:

Remarks:

	/s/Kyle O Mooney	09/09/2026
	/s/Nathan D. Sturycz, attorney-in-fact	09/09/2026
	** 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)