Len D. Devaisher - 13 Feb 2026 Form 4 Insider Report for MidWestOne Financial Group, Inc. (MOFG)

Signature
Kenneth R. Urmie, Deputy Corporate Secretary, for Len D. Devaisher under Power of Attorney dated April 21, 2023
Issuer symbol
MOFG
Transactions as of
13 Feb 2026
Net transactions value
-$457,794
Form type
4
Filing time
17 Feb 2026, 10:52:29 UTC
Previous filing
16 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Devaisher Len D President and COO 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY Kenneth R. Urmie, Deputy Corporate Secretary, for Len D. Devaisher under Power of Attorney dated April 21, 2023 17 Feb 2026 0001819698

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOFG Common Stock Tax liability $457,794 -9,284 -18% $49.31 42,053 13 Feb 2026 Direct F1
transaction MOFG Common Stock Disposed to Issuer -42,053 -100% 0 13 Feb 2026 Direct F2, F3, F4, F5
transaction MOFG Common Stock Disposed to Issuer -3,000 -100% 0 13 Feb 2026 Held in IRA F2, F3
transaction MOFG Common Stock Disposed to Issuer -858 -100% 0 13 Feb 2026 By 401(k) F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Len D. Devaisher is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Amount reported includes 5.034 dividend equivalents on restricted stock units and 18,398.868 from vested performance stock units since the reporting person's previous Form filing.
F2 On February 13, 2026 (the Effective Time), pursuant to the terms of the Agreement and Plan of Merger (the Merger Agreement) dated as of October 23, 2025, by and between MidWestOne Financial Group, Inc. (MOFG) and Nicolet Bankshares, Inc. (NIC), MOFG merged with and into NIC (the Merger). Defined terms not otherwise defined herein shall have the meaning set forth in the Merger Agreement.
F3 Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of MOFG Common Stock was canceled and converted into the right to receive 0.3175 of a share of NIC Common Stock (the Merger Consideration).
F4 Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding MOFG RSU Award was fully vested, canceled and converted into the right to receive a number of shares of NIC Common Stock equal to the product of (i) the number of shares of MOFG Common Stock subject to such MOFG RSU Award immediately prior to the Effective Time multiplied by (ii) the Exchange Ratio, less any applicable withholding taxes.
F5 Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding MOFG PSU Award was fully vested, canceled and converted into the right to receive (i) a number of shares of NIC Common Stock equal to the product of (x) the number of shares of MOFG Common Stock subject to such MOFG PSU Award immediately prior to the Effective Time based on the higher of target performance and actual performance through the Effective Time multiplied by (y) the Exchange Ratio, plus (ii) a cash payment in respect of any accrued but unpaid dividend equivalents on such MOFG PSU Award.
F6 Shares held in the reporting person's account from within the MidWestOne Financial Group, Inc.. 401(k) Plan, as of February 13, 2026. Reported shares have increased by 4.474 shares since the date of the reporting person's previous Form filing due to an allocation to his account.