McDaniel Jerry L. - 30 Jun 2025 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role: Director
Signature: /s/McDaniel Jerry L
Issuer symbol: MSBI
Transactions as of: 30 Jun 2025
Transactions value $: $56,454
Form type: 4
Filing time: 01 Jul 2025, 12:42:24 UTC
Previous filing: 01 Apr 2025
Next filing: 01 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
McDaniel Jerry L.	Director	1201 NETWORK CENTRE DR., EFFINGHAM	/s/McDaniel Jerry L	01 Jul 2025	0001671605

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSBI	Common Stock	Award	$44,997	+2,598	+46%	$17.32	8,258	30 Jun 2025	Direct	F1
holding	MSBI	Common Stock						13,000	30 Jun 2025	Four Diamond Capital LLC	F2
holding	MSBI	Common Stock						2,660	30 Jun 2025	By Daughter	F2
holding	MSBI	Common Stock						2,660	30 Jun 2025	By Daughter	F2
holding	MSBI	Common Stock						3,360	30 Jun 2025	By Son	F2
holding	MSBI	Common Stock						89,283	30 Jun 2025	Jerry L McDaniel Revocable Trust
holding	MSBI	Depositary shares						20,000	30 Jun 2025	Jerry L McDaniel Revocable Trust

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	$11,456	+641	+1.8%	$17.88	35,537	30 Jun 2025	Common Stock	640		Direct	F3, F4
holding	MSBI	Restricted Stock Unit						2,060	30 Jun 2025	Common Stock	2,060		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Annual Director Stock Award with immediate vesting schedule.
F2	The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
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.
F5	Represents restricted stock units acquired by the reports person under the 2019 Long-Term Incentive Plan and deferred under the DDCP on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units will fully vest on March 31, 2020 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.