Claire Ann Stack, the Chief Financial Officer of Midland States Bancorp, Inc., recently reported the acquisition of 1,600 shares of the bank's common stock. The purchase was made at a price of $32.81 per share on November 2, 2026. This transaction is significant as it showcases Stack's confidence in the company's performance and future prospects.

Midland States Bancorp, based in Effingham, Illinois, is a state commercial bank that provides a variety of financial services. The bank operates under the ticker symbol MSBI and is incorporated in Illinois. Recent filings indicate that Stack has been actively managing her holdings, with this being her latest transaction reported on Form 4.

The filing states, "Transaction Date: 2026-11-02, Shares Acquired: 1,600, Transaction Price Per Share: $32.81." Following this transaction, Stack now owns a total of 9,598 shares of Midland States Bancorp.

This acquisition may influence other executives and stakeholders within the banking industry, particularly among competitors in the state commercial banking sector. The transparency provided by such filings is essential for maintaining investor trust and confidence.

Details regarding future transactions or additional filings were not specified in the current document.

Additional Insights from the SEC Filing

Claire Ann Stack's role as Chief Financial Officer (CFO) is underscored by her active participation in the management of her stock holdings, reflecting her commitment to Midland States Bancorp. The filing indicates that she directly owns the shares acquired, highlighting her personal investment in the company’s future.

The SEC filing also reveals that Stack's total ownership following this transaction stands at 9,598 shares. This acquisition is part of her ongoing strategy to manage her investments in accordance with her responsibilities as an executive officer of the bank.

Furthermore, the filing includes a Power of Attorney document that designates Nathan D. Sturycz, Stephanie Gurgel, and Summer Moorman as her attorneys-in-fact. This delegation of authority allows them to handle her electronic filings and manage her EDGAR account, ensuring compliance with the reporting requirements under Section 16 of the Securities Exchange Act of 1934.

"The undersigned hereby grants to such attorney-in-fact full power and authority to act separately and to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted."

This aspect of the filing emphasizes the importance of regulatory compliance and the structured approach taken by executives in managing their reporting obligations.

However, the filing does not provide information on Stack's previous transactions or any potential plans for future acquisitions or dispositions of shares.