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Company Analysis

MSBI Insider Trading

Midland States Bancorp, Inc. | State Commercial Banks

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Midland States Bancorp, Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the State Commercial Banks sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2022-02-18 20:35 2022-02-18 Mefford Jeffrey S. Officer - President SELL $29.81 6,602 $196,806 28,507 -18.8%
2022-02-02 00:20 2022-02-01 Mefford Jeffrey S. Officer - President SELL $28.53 12,180 $347,495 35,109 -25.8%
2021-12-29 23:02 2021-12-28 Mefford Jeffrey S. Officer - President SELL $25.14 12,179 $306,180 47,289 -20.5%
2021-12-14 01:20 2021-12-13 Tucker Douglas J. Officer - SVP Corporate Counsel BUY $23.80 2,000 $47,600 23,818 +9.2%
2021-11-17 20:24 2021-11-16 Brunoehler Jeffrey A. Officer - SVP Credit - CCO SELL $25.38 514 $13,048 23,506 -2.1%
2021-11-12 17:35 2021-11-10 Brunoehler Jeffrey A. Officer - SVP Credit - CCO SELL $25.66 693 $17,781 24,234 -2.8%
2021-11-10 02:50 2021-11-09 Brunoehler Jeffrey A. Officer - SVP Credit - CCO SELL $25.53 1,362 $34,772 24,927 -5.2%
2021-09-14 23:16 2021-09-14 Smith Jeffrey C. Director BUY $23.81 330 $7,856 31,776 +1.0%
2021-05-05 20:41 2021-05-05 Lemke Eric Officer - Chief Financial Officer SELL $28.74 472 $13,565 9,128 -4.9%
2021-03-13 01:30 2021-03-12 Brunoehler Jeffrey A. Officer - SVP Credit - CCO OPT+S $30.00 5,154 $154,620 43,094 0.0%
2021-03-13 01:27 2021-03-12 Tucker Douglas J. Officer - SVP Corporate Counsel OPT+S $30.00 3,576 $107,280 13,618 0.0%
2021-03-12 17:14 2021-03-11 Brunoehler Jeffrey A. Officer - SVP Credit - CCO OPT+S $29.08 9,593 $278,958 43,094 0.0%
2021-03-09 16:49 2021-03-08 Spring Donald J. Officer - Chief Accounting Officer SELL $28.90 1,658 $47,916 10,765 -13.3%
2021-03-05 16:51 2021-03-04 Spring Donald J. Officer - Chief Accounting Officer SELL $26.88 1,500 $40,314 12,423 -10.8%
2021-03-05 16:50 2021-03-05 Tucker Douglas J. Officer - SVP Corporate Counsel SELL $27.03 5,000 $135,150 17,194 -22.5%
2021-02-23 01:07 2021-02-22 Tucker Douglas J. Officer - SVP Corporate Counsel SELL $22.79 2,000 $45,580 22,194 -8.3%
2021-02-17 23:33 2021-02-17 Tucker Douglas J. Officer - SVP Corporate Counsel SELL $21.50 1,000 $21,500 24,194 -4.0%
2020-11-25 02:31 2020-11-24 Ludwig Jeffrey G. Director, Officer - President & CEO OPT+S $18.97 5,000 $94,847 210,552 0.0%
2020-10-30 18:43 2020-10-28 Mefford Jeffrey S. Officer - President SELL $14.35 4,097 $58,792 45,102 -8.3%
2020-08-24 18:17 2020-08-20 Spring Donald J. Officer - Chief Accounting Officer BUY $14.32 600 $8,591 12,206 +5.2%
2020-08-05 16:54 2020-08-04 Spring Donald J. Officer - Chief Accounting Officer BUY $13.94 150 $2,091 11,606 +1.3%
2020-07-11 02:00 2020-07-10 Tucker Douglas J. Officer - SVP Corporate Counsel BUY $13.00 2,000 $26,000 20,922 +10.6%
2020-06-24 20:02 2020-06-24 Tucker Douglas J. Officer - SVP Corporate Counsel BUY $14.00 2,000 $28,000 18,922 +11.8%
2020-06-16 00:56 2020-06-15 McDonnell Jeffrey M Director BUY $14.45 3,460 $49,997 21,955 +18.7%
2020-06-16 00:53 2020-06-15 Tucker Douglas J. Officer - SVP Corporate Counsel BUY $14.50 4,000 $58,000 16,922 +31.0%
2020-05-13 19:36 2020-05-13 McDonnell Jeffrey M Director BUY $13.88 3,500 $48,563 18,495 +23.3%
2020-05-06 18:31 2020-05-06 Ludwig Jeffrey G. Director, Officer - President & CEO BUY $14.94 5,000 $74,720 199,156 +2.6%
2020-04-29 17:39 2020-04-28 Schultz John M Director BUY $15.51 5,000 $77,557 288,426 +1.8%
2020-03-17 21:09 2020-03-17 McDonnell Jeffrey M Director BUY $16.66 2,950 $49,141 14,995 +24.5%
2020-03-09 18:30 2020-03-06 McDonnell Jeffrey M Director BUY $22.81 4,300 $98,092 12,045 +55.5%
2020-01-03 20:41 2020-01-02 HOLSCHBACH LEON J Director OPT+S $28.65 9,500 $272,183 151,595 0.0%
2019-12-14 00:15 2019-12-13 McDaniel Jerry L. Director SELL $28.37 10,000 $283,678 80,000 -11.1%
2019-12-13 17:00 2019-12-12 McDaniel Jerry L. Director SELL $28.58 10,000 $285,800 90,000 -10.0%
2019-12-12 20:00 2019-12-11 Tucker Douglas J. Officer - SVP Corporate Counsel SELL $28.53 18,103 $516,473 12,922 -58.3%
2019-12-12 19:36 2019-12-10 McDaniel Jerry L. Director SELL $28.36 5,000 $141,810 35,046 -12.5%
2019-12-10 17:29 2019-12-09 Tucker Douglas J. Officer - SVP Corporate Counsel SELL $28.42 2,552 $72,522 31,025 -7.6%
2019-12-03 18:17 2019-12-02 HOLSCHBACH LEON J Director OPT+S $28.01 9,500 $266,054 151,595 0.0%
2019-11-19 16:51 2019-11-18 Tucker Douglas J. Officer - SVP Corporate Counsel OPT+S $28.00 40,000 $1,120,028 33,577 0.0%
2019-11-12 21:56 2019-11-11 Tucker Douglas J. Officer - SVP Corporate Counsel SELL $27.94 5,899 $164,836 28,178 -17.3%
2019-11-08 01:17 2019-11-07 HOLSCHBACH LEON J Director OPT+S $28.00 10,234 $286,552 151,595 0.0%
2019-11-05 23:24 2019-11-05 McDaniel Jerry L. Director SELL $27.63 10,000 $276,260 40,046 -20.0%
2019-11-04 19:55 2019-10-29 McDaniel Jerry L. Director SELL $26.86 10,000 $268,614 13,000 -43.5%
2019-10-22 01:33 2019-10-21 HOLSCHBACH LEON J Director OPT+S $26.59 8,766 $233,088 151,595 0.0%
2019-09-12 17:27 2019-09-10 McDaniel Jerry L. Director SELL $26.21 14,259 $373,744 0 -100.0%
2019-09-12 17:24 2019-09-10 HOLSCHBACH LEON J Director OPT+S $26.59 7,508 $199,638 151,595 0.0%
2019-09-06 15:43 2019-09-05 HOLSCHBACH LEON J Director OPT+S $26.00 1,992 $51,792 151,595 0.0%
2019-08-05 17:01 2019-08-02 Erickson Stephen A. Officer - Chief Financial Officer OPT+S $26.01 3,500 $91,022 11,128 0.0%
2019-08-02 16:31 2019-08-01 HOLSCHBACH LEON J Director OPT+S $26.74 9,500 $254,051 151,595 0.0%
2019-07-31 22:35 2019-07-30 Tucker Douglas J. Officer - SVP Corporate Counsel OPT+S $27.01 11,924 $322,036 28,889 0.0%
2019-07-30 17:27 2019-07-29 Brunoehler Jeffrey A. Officer - SVP Credit - CCO OPT+S $27.00 22,178 $598,806 35,683 0.0%
SHOW ENTRIES

How to Interpret $MSBI Trades

Not every insider transaction in Midland States Bancorp, Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $MSBI shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for MSBI

Insider activity data for Midland States Bancorp, Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $MSBI, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.