Short answer
Midland States Bancorp, Inc. (MSBI) filed an 8-K current report with the SEC on May 11, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure). Claire A. Stack appointed Executive Vice President and CFO effective May 8, 2026.
Midland States Bancorp, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Claire A. Stack appointed Executive Vice President and CFO effective May 8, 2026
- Internal promotion from interim CFO, supporting leadership continuity after March 2026 appointment
- Annual salary $350,000 with bonus potential equal to 40% of base salary
- Annual equity eligibility equal to 50% of base salary plus one-time restricted-stock grant equal to 50%
- Existing Change of Control Agreement remains in effect; 12-month post-employment non-solicitation restriction
Item 7.01 · Regulation FD Disclosure
- Press release announces Ms. Stack’s appointment, with substantive details contained in Exhibit 99.1
- Regulation FD disclosure furnished, not formally filed under Exchange Act Section 18
- Appointment may affect leadership continuity and investor assessment of Midland States Bancorp’s governance
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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