Travis Franklin - 30 Sep 2025 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/TRAVIS FRANKLIN
Issuer symbol
MSBI
Transactions as of
30 Sep 2025
Transactions value $
$14,448
Form type
4
Filing time
01 Oct 2025, 20:34:18 UTC
Previous filing
01 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Franklin Travis Director 1201 NETWORK CENTRE DR., EFFINGHAM /s/TRAVIS FRANKLIN 01 Oct 2025 0002021449

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MSBI Common Share Equivalent Award $12,000 +700 +9.2% $17.14 8,349 30 Sep 2025 Common Stock 700 $22.65 Direct F1, F2, F3
transaction MSBI Common Share Equivalent Award $2,447 +141 +1.7% $17.35 8,490 30 Sep 2025 Common Stock 141 $22.65 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common share equivalents held pursuant to Directors Deferred Compensation Plan as of the date of this form. Each common share equivalent is the economic equivalent of one share of common stock. Common stock equivalents become payable upon the reporting persons termination of service as a director.
F2 Represents restricted stock units acquired by the reporting person under the 2019 Long-term incentive plan and deferred under the DDCP as of the date of this form. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.
F3 Each common stock equivalent is the economic equivalent of one share of common stock.
F4 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.