Midland States (MSBI) credit chief acquires ESPP shares, holds 63,213
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Midland States Bancorp, Inc. executive Jeremy Andrew Jameson, EVP and Chief Credit Officer, acquired 1 share of common stock on June 30, 2026 through the company’s Employee Stock Purchase Plan. The share was bought at $20.56, bringing his direct holdings to 63,213 shares. This was a routine, compensation-related ESPP purchase rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jameson Jeremy Andrew
Role
EVP - Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1 | $20.56 | $20.56 |
Holdings After Transaction:
Common Stock — 63,213 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 1 share
Acquisition price: $20.56 per share
Total direct holdings: 63,213 shares
+1 more
4 metrics
Shares acquired
1 share
Common Stock acquired on June 30, 2026
Acquisition price
$20.56 per share
Price under Employee Stock Purchase Plan formula
Total direct holdings
63,213 shares
Common Stock after the ESPP acquisition
Transaction code
A
Grant, award, or other acquisition classification
Key Terms
Employee Stock Purchase Plan, ESPP, Grant, award, or other acquisition
3 terms
Employee Stock Purchase Plan financial
"Represents shares acquired by the reporting person through contributions to the Employee Stock Purchase Plan of the Issuer (ESPP)."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP financial
"Pursuant to the ESPP, the price used for each quarterly purchase is the lower of 90% of the fair market..."
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did MSBI executive Jeremy Andrew Jameson report?
Jeremy Andrew Jameson reported acquiring 1 share of Midland States Bancorp common stock. The acquisition occurred on June 30, 2026 through the company’s Employee Stock Purchase Plan, reflecting routine participation in a benefit program rather than a discretionary open-market trade.
What is the nature of the MSBI insider transaction reported with code A?
The transaction is coded A, meaning a grant, award, or other acquisition. In this case, the footnote explains it reflects shares acquired through contributions to Midland States Bancorp’s Employee Stock Purchase Plan for the applicable calendar quarter.
Does the MSBI Form 4 reflect an open-market purchase by the EVP?
The filing does not reflect an open-market purchase. Instead, the 1 share was acquired automatically through contributions to Midland States Bancorp’s Employee Stock Purchase Plan under its pricing formula for the relevant calendar quarter.