Kyle Owen Mooney, SVP and Chief Operating Officer of Midland States Bancorp, Inc. (NASDAQ:MSBI), filed a Form 4 on September 9, 2026, disclosing transactions in company common stock dated September 8, 2026.

Key Highlights

  • Option exercise: Mooney exercised 2,400 stock options at a conversion/exercise price of $28.43 per share on September 8, 2026.
  • Share sale: Mooney disposed of 2,400 shares of common stock at $33.33 per share on the same date.
  • Post-transaction ownership: Following the reported transactions, Mooney directly owns 13,610 shares of common stock.
  • Remaining derivative securities: Mooney retains 3,278 options (right to buy) with an exercise price of $28.43, expiring October 31, 2032.
  • Filing role: Mooney is identified in the filing as SVP and Chief Operating Officer of Midland States Bancorp, Inc.

Midland States Bancorp COO Reports Option Exercise and Common Stock Sale

According to the Form 4 filed September 9, 2026, Kyle Owen Mooney, SVP and Chief Operating Officer of Midland States Bancorp, Inc., reported two transactions in the company's common stock, both occurring on September 8, 2026. The filing was submitted on Mooney's behalf by Nathan D. Sturycz, attorney-in-fact.

The first transaction, coded "M" in the filing, reflects the exercise of 2,400 stock options at a price of $28.43 per share, which the filing records as an acquisition of 2,400 shares. Prior to this exercise, Mooney's beneficial ownership stood at 13,610 shares after accounting for the subsequent disposal. Immediately following the option exercise, his direct holdings reached 16,010 shares. The exercised options had an expiration date of October 31, 2032, and were first exercisable on October 31, 2023, according to the filing's Table II disclosure.

The second transaction, coded "S," reflects the open-market sale of 2,400 shares at $33.33 per share, reducing Mooney's direct beneficial ownership to 13,610 shares. The derivative securities table shows that following the option exercise, Mooney retains 3,278 options with an exercise price of $28.43 and an expiration date of October 31, 2032, held directly. The filing does not identify any indirect beneficial ownership positions for Mooney.

What Was Disclosed

The filing discloses an option exercise of 2,400 shares at $28.43 and a same-day sale of 2,400 shares at $33.33 by Midland States Bancorp's COO, resulting in direct ownership of 13,610 common shares and 3,278 remaining options.