Jeffrey G. Ludwig

CIK: 0001526235

Transaction Breakdown

Open Market Buys (P)0 (0.0%)

High conviction signal

Open Market Sales (S)2 (13.3%)

Position reduction

Option Exercises (M)2 (13.3%)

Derivative conversions

Awards (A)6 (40.0%)

Compensation grants

Other (G, F, J, C, D, …)5 (33.3%)

Gifts, tax withholding, conversions, dispositions to the issuer and other codes

Companies & Roles (1)

MSBI

Midland States Bancorp, Inc.

DirectorOfficer

Discretionary Trading P&L

Holdings

Transaction History (15 total)

MSBI
Midland States Bancorp, Inc.
Nov 2, 2026
Award(A)
Direct
5.1K shares at avg. $32.81$169K
MSBI
Midland States Bancorp, Inc.
Oct 31, 2026
Tax Payment(F)
Direct
677 shares at avg. $32.81$22K
MSBI
Midland States Bancorp, Inc.
Jul 28, 2026
Exercise(M)
Direct
8.4K shares at avg. $28.59$240K
MSBI
Midland States Bancorp, Inc.
Jul 28, 2026
Sale(S)
Direct
8.4K shares at avg. $34.00$285K
MSBI
Midland States Bancorp, Inc.
Mar 31, 2026
Award(A)
Direct
1.3K shares at avg. $19.05$25K
MSBI
Midland States Bancorp, Inc.
Mar 31, 2026
Award(A)
Direct
909 shares at avg. $19.05$17K
MSBI
Midland States Bancorp, Inc.
Nov 3, 2025
Award(A)
Direct
38.4K shares at avg. $14.64$562K
MSBI
Midland States Bancorp, Inc.
Jun 30, 2025
Award(A)
Direct
1.6K shares at avg. $15.48$25K
MSBI
Midland States Bancorp, Inc.
Nov 7, 2024
Award(A)
Direct
20.1K shares at avg. $27.96$562K
MSBI
Midland States Bancorp, Inc.
Nov 6, 2024
Tax Payment(F)
Direct
1.7K shares at avg. $27.96$48K
MSBI
Midland States Bancorp, Inc.
Nov 5, 2024
Tax Payment(F)
Direct
960 shares at avg. $24.99$24K
MSBI
Midland States Bancorp, Inc.
Nov 1, 2024
Tax Payment(F)
Direct
1.1K shares at avg. $24.77$26K
MSBI
Midland States Bancorp, Inc.
Oct 31, 2024
Tax Payment(F)
Direct
677 shares at avg. $24.81$17K
MSBI
Midland States Bancorp, Inc.
Oct 29, 2024
Sale(S)
Direct
12.8K shares at avg. $24.52$313K
MSBI
Midland States Bancorp, Inc.
Oct 29, 2024
Exercise(M)
Direct
12.8K shares at avg. $21.00$268K

		Type	Shares	Price		Ownership
Nov 2, 2026	MSBI Midland States Bancorp, Inc.	Award(A)	5,140	$32.81	$168,643	Direct
Oct 31, 2026	MSBI Midland States Bancorp, Inc.	Tax Payment(F)	677	$32.81	$22,212	Direct
Jul 28, 2026	MSBI Midland States Bancorp, Inc.	Exercise(M)	8,383	$28.59	$239,670	Direct
Jul 28, 2026	MSBI Midland States Bancorp, Inc.	Sale(S)	8,383	$34.00	$285,023	Direct
Mar 31, 2026	MSBI Midland States Bancorp, Inc.	Award(A)	1,312	$19.05	$24,994	Direct
Mar 31, 2026	MSBI Midland States Bancorp, Inc.	Award(A)	909	$19.05	$17,316	Direct
Nov 3, 2025	MSBI Midland States Bancorp, Inc.	Award(A)	38,410	$14.64	$562,322	Direct
Jun 30, 2025	MSBI Midland States Bancorp, Inc.	Award(A)	1,615	$15.48	$25,000	Direct
Nov 7, 2024	MSBI Midland States Bancorp, Inc.	Award(A)	20,110	$27.96	$562,276	Direct
Nov 6, 2024	MSBI Midland States Bancorp, Inc.	Tax Payment(F)	1,712	$27.96	$47,868	Direct
Nov 5, 2024	MSBI Midland States Bancorp, Inc.	Tax Payment(F)	960	$24.99	$23,990	Direct
Nov 1, 2024	MSBI Midland States Bancorp, Inc.	Tax Payment(F)	1,062	$24.77	$26,306	Direct
Oct 31, 2024	MSBI Midland States Bancorp, Inc.	Tax Payment(F)	677	$24.81	$16,796	Direct
Oct 29, 2024	MSBI Midland States Bancorp, Inc.	Sale(S)	12,753	$24.52	$312,683	Direct
Oct 29, 2024	MSBI Midland States Bancorp, Inc.	Exercise(M)	12,753	$21.00	$267,813	Direct

1-15 of 15 transactions

About Ludwig Jeffrey G.

Ludwig Jeffrey G. (SEC CIK 0001526235) files insider reports with the SEC as President & CEO of Midland States Bancorp, Inc. (MSBI).

Signal8 holds 10 ownership filings by Ludwig Jeffrey G., all Form 4s, filed between Oct 29, 2024 and Nov 2, 2026. Those filings report 15 transactions, from Oct 29, 2024 to Nov 2, 2026. Signal8's Form 4 history starts in Sep 2024.

The business address on Ludwig Jeffrey G.'s filings is in EFFINGHAM, IL.

Recent filings by Ludwig Jeffrey G.

Nov 2, 2026: Grant or award of MSBI shares (Form 4, code A).
Oct 31, 2026: Tax withholding of MSBI shares (Form 4, code F).
Jul 28, 2026: Option exercise of MSBI shares (Form 4, code M).
Jul 28, 2026: Open-market sale of MSBI shares (Form 4, code S).
Mar 31, 2026: Grants or awards of MSBI shares (2 lines, Form 4, code A).

Other insiders filing for Midland States Bancorp, Inc. (MSBI)

Jameson Jeremy Andrew, EVP - Chief Credit Officer
Stack Claire Ann, EVP - Chief Financial Officer
Casey Daniel Edward, CROF
Mooney Kyle Owen, SVP - Chief Operating Officer
Franklin Travis, Director
Carlson Gerald Joseph, Director

How to read Form 4 transaction codes