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Midland States Bancorp, Inc.·4

Nov 4, 9:37 AM ET

Ludwig Jeffrey G. 4

4 · Midland States Bancorp, Inc. · Filed Nov 4, 2025

Insider Transaction Report

Form 4
Period: 2025-11-03
Midland States Bancorp, Inc.MSBI
Ludwig Jeffrey G.
DirectorPresident & CEO
Transactions
  • Award

    Common Stock

    2025-11-03$14.64/sh+38,410$562,322→ 399,659.432 total
Holdings

  • Common Stock

    (indirect: JQ Properties)
    11,569

  • Option (right to buy)

    Exercise: $23.00Exp: 2025-11-03→ Common Stock (16,800 underlying)
    16,800

  • Option (right to buy)

    Exercise: $28.43Exp: 2032-10-31→ Common Stock (52,291 underlying)
    52,291

  • Option (right to buy)

    Exercise: $28.59Exp: 2026-11-16→ Common Stock (8,383 underlying)
    8,383
Footnotes (5)
  • [F1]RSA with 4yr - 25% 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]These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
  • [F4]These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
  • [F5]These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.

Documents

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