John M. Schultz

MSBI

DIRECTOR · MIDLAND STATES BANCORP, INC. · CIK 0001526231

FILING MIX · LIFETIME100%/0%

BUYS

SELLS

TOTAL VALUE

$196.0K

COMPANIES

ACTIVE SINCE

Dec 2019

HOLDINGS NOW

69,642

AVG SELL PX

—

Trades · vs SPY

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Performance · forward returns vs SPY

1 backtested trades · 8 horizons

Forward-return performance of every backtestable P/S trade by John M. Schultz, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	1	+0.00%	-5.85%	+0.16%	-6.01%	-6.01%	—
14d	1	+0.00%	-11.72%	+0.32%	-12.05%	-12.05%	—
30d	1	+100.00%	+0.41%	+6.03%	-5.63%	-5.63%	—
60d	1	+0.00%	-10.52%	+5.47%	-15.99%	-15.99%	—
90d	1	+0.00%	-7.23%	+13.62%	-20.85%	-20.85%	—
180d	1	+0.00%	-2.27%	+19.78%	-22.06%	-22.06%	—
1y	1	+100.00%	+89.97%	+48.43%	+41.54%	+41.54%	—
2y	1	+100.00%	+89.81%	+54.14%	+35.68%	+35.68%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

MSBI · 69,642.001 shares · as of Sep 30, 2020

Trading cadence · quarterly flow

BUY ● SELL ●

2019

2020

FLOW · 10 buys / 0 sellsCOVERAGE · 4 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	1,500.422	$12.85	$19.3K	71,142.423	Sep 30, 2020	Oct 2, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	869.475	$12.85	$11.2K	69,642.001	Sep 30, 2020	Oct 2, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	2,118	—	—	3,303	Jun 30, 2020	Jul 2, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	935.502	$14.95	$14.0K	67,559.218	Jun 30, 2020	Jul 2, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	1,213.309	$14.95	$18.1K	68,772.526	Jun 30, 2020	Jul 2, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASE	5,000	$15.51	$77.6K	288,426	Apr 28, 2020	Apr 29, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	638.808	$17.49	$11.2K	65,611.857	Mar 31, 2020	Apr 2, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	1,011.859	$17.49	$17.7K	66,623.716	Mar 31, 2020	Apr 2, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	385.799	$28.96	$11.2K	64,426.867	Dec 31, 2019	Jan 3, 2020 ↗
MSBI MIDLAND STATES BANCORP, INC.	PURCHASEGRANT Stock grant	546.182	$28.96	$15.8K	64,973.049	Dec 31, 2019	Jan 3, 2020 ↗

Other insiders · MSBI

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About this filer

CIK 0001526231

ROLE

Director

PRIMARY

MSBI

COMPANIES

ACTIVE SINCE

Dec 2019

MARKETPEEL · /INSIDER/0001526231DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

John M. Schultz

The morning brief, before the bell.