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sellWeak cluster of 2

Jeffrey G. Ludwig sold $285k of MSBI

President & CEO at Midland States Bancorp, Inc.. 8,383 shares at an average of $34.00, traded Jul 28, 2026, filed Jul 29, 2026.

Warning score
32
Value
$285k
8,383 shares
Holdings after
400,971
-2% from before
From 52-week low
+144%
low $13.85, close $33.77
From 52-week high
0%
high $33.77, as of Jul 28, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $285k at market
    +14
  • Share of holdings sold
    Sold 2.0% of holdings
    0
  • Cluster
    2 insiders selling within 14 days
    +8
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MSBIOct 12, 2026 · close 32.35
Since filing Jul 29, 2026: -2.8%SPY +6.9% · excess -9.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001466026-26-000072, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jul 28, 2026MOption exercise
Common Stock
+8,383$28.59$240k409,354Jul 29, 2026
Jul 28, 2026SOpen-market sale
Common Stock
-8,383$34.00$285k400,971Jul 29, 2026
Jul 28, 2026MOption exercise
Option (right to buy)derivative
-8,383$0.00$00Jul 29, 2026

Related signals

Other insiders at Midland States Bancorp, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
19Weak
MSBIsell
Midland States Bancorp, Inc.
Kyle Owen Mooney
SVP - Chief Operating Officer
$80k
2,400 shares
-15%
20Weak
MSBIsell
Midland States Bancorp, Inc.
Kyle Owen Mooney
SVP - Chief Operating Officer
$16k
489 shares
-3%
19Weak
MSBIsell 2
Midland States Bancorp, Inc.
Kyle Owen Mooney
SVP - Chief Operating Officer
$40k
1,198 shares
-8%
36Weak
MSBIbuy
Midland States Bancorp, Inc.
Travis Franklin
director
$249k
9,400 shares
-
33Weak
MSBIsell
Midland States Bancorp, Inc.
Kyle Owen Mooney
SVP - Chief Operating Officer
$64k
2,808 shares
-17%
49Moderate
MSBIbuy 4
Midland States Bancorp, Inc.
Richard Dean Bingham
director
$88k
5,000 shares
+22%
49Moderate
MSBIbuy 4
Midland States Bancorp, Inc.
Daniel Edward Casey
CROF
$89k
5,000 shares
+22%
47Moderate
MSBIbuy 4
Midland States Bancorp, Inc.
Jeremy Andrew Jameson
EVP - Chief Credit Officer
$99k
5,598 shares
+10%
34Weak
MSBIbuy 4
Midland States Bancorp, Inc.
Jeffrey C. Smith
director
$8,845
500 shares
+1%
49Moderate
MSBIbuy 4
Midland States Bancorp, Inc.
Richard Dean Bingham
director
$88k
5,000 shares
+22%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Jeffrey G. Ludwig sold $285k of MSBI | InsiderTell