Midland States SEC Filings

Midland States Bancorp (MSBI) Chief Accounting Officer filed a Form 4 reporting tax-withholding transactions coded “F.” The filings show withholdings of 164 shares at $15.97 on 11/06/2025 and 140 shares at $16.01 on 11/07/2025.

After these transactions, the officer beneficially owns 9,082 shares of common stock and 1,600 Series A Preferred Depositary Shares. Derivative holdings include options for 5,198 shares at $28.43 expiring 10/31/2032 and 1,403 shares at $28.59 expiring 11/16/2026, each vesting in four equal annual installments per the noted schedules.

Midland States Bancorp, Inc. reported a sharp downturn for the nine months ended September 30, 2025, driven by a large non‑cash goodwill impairment. The company recorded a net loss of $121.4M, compared with net income of $68.8M a year earlier, after recognizing $154.0M of goodwill impairment in its banking unit.

Core banking performance was roughly stable, with net interest income of $178.1M versus $177.8M last year, but credit costs remained elevated: the provision for credit losses was $48.2M and charge‑offs were high, especially in commercial and equipment finance. Total loans fell to $4.87B from $5.17B, and deposits declined to $5.60B from $6.20B, reflecting balance‑sheet contraction.

Shareholders’ equity dropped to $584.0M from $710.8M, mainly due to the impairment and dividends, while the allowance for credit losses on loans stood at $100.9M. The company also redeemed $50.8M of 7.91% subordinated notes, removing a relatively expensive funding source.

Midland States Bancorp (MSBI) announced a planned leadership transition. Jeffrey S. Mefford, President of Midland States Bank and an Executive Vice President of the Company, will retire effective June 30, 2026 (the “Transition Date”).

The Company plans to appoint Jeremy A. Jameson, 44, as Executive Vice President — Chief Banking Officer of the Bank, effective as of the Transition Date. The Company furnished a press release detailing the transition as Exhibit 99.1 under Item 7.01. The disclosure includes customary forward‑looking statements language.

Midland States Bancorp (MSBI) disclosed insider transactions by its Chief Accounting Officer on a Form 4. The report shows two tax-withholding disposals of common stock under code F: 114 shares on 10/31/2025 at $14.64 and 199 shares on 11/01/2025 at $14.64. It also records an acquisition under code A of 4,000 common shares on 11/03/2025 at $14.64. Following these transactions, direct beneficial ownership stands at 9,386 common shares. The filer also lists 1,600 Series A Preferred Depositary Shares and holds stock options for 1,403 shares at $28.59 (expiring 11/16/2026) and 5,198 shares at $28.43 (expiring 10/31/2032).

Midland States Bancorp (MSBI): EVP and Chief Credit Officer Jeremy Andrew Jameson reported acquiring 23,310 shares of common stock on 11/03/2025 at $14.64 per share. Following the transaction, he beneficially owns 57,984 shares, held directly.

The filing notes the award as an RSA with a 4-year schedule vesting 25% per year. This appears to be a routine equity grant to a senior officer, aligning compensation with shareholder interests.

Midland States Bancorp (MSBI) Form 4: An officer (title: CROF) acquired 10,760 shares of common stock on 11/03/2025 at a $14.64 per-share price. Following the transaction, the officer beneficially owns 24,112 shares with direct ownership. The filing notes these were restricted stock awards (RSA) with a 4-year vesting schedule at 25% per year.

Midland States Bancorp (MSBI) reported an insider transaction by its President & CEO and Director. On 11/03/2025, he acquired 38,410 shares of common stock at $14.64 through a restricted stock award with a four-year, 25% annual vesting schedule.

Following the transaction, he beneficially owned 399,659.432 shares directly, with an additional 11,569 shares held indirectly through JQ Properties.

Outstanding derivative holdings include stock options for 16,800 shares at an exercise price of $23 expiring on 11/03/2025, 8,383 shares at $28.59 expiring on 11/16/2026, and 52,291 shares at $28.43 expiring on 10/31/2032.

Midland States Bancorp (MSBI) reported insider activity by its Chief Financial Officer on a Form 4. The filing shows share withholdings to cover taxes of 294 shares on 10/31/2025 and 472 shares on 11/01/2025, each at $14.64 (transaction code F). On 11/03/2025, the CFO acquired 14,940 shares of common stock (transaction code A) noted as an RSA with a four-year, 25% annual vesting schedule. Following these transactions, the CFO directly owned 43,333 common shares. The filing also lists options for 19,173 shares at a $28.43 exercise price, expiring 10/31/2032, vesting in four equal annual installments beginning one year after 10/31/2022.

Midland States Bancorp (MSBI) — insider transaction filed on Form 4. An officer (President, Midland States Bank) reported dispositions of common stock on 10/31/2025 and 11/01/2025 under code F for 445 and 742 shares at $14.64 each. On 11/03/2025, the insider acquired 23,310 shares of common stock (noted as an RSA with a 4‑year, 25% vesting schedule) at $14.64. Following these transactions, beneficial ownership was reported as 79,059.47 shares.

Derivative holdings reported include options for 10,702 shares at an exercise price of $23 (underlying common stock), 5,341 shares at $28.59 expiring 11/16/2026, and 29,133 shares at $28.43 expiring 10/31/2032, each for underlying common stock.