Form 4: Director Acquires Restricted Stock at Mid Penn Bancorp

Director Bruce A. Kiefer acquired 1,700 shares of restricted stock in Mid Penn Bancorp, Inc. on April 1, 2026.

Summary

• Bruce A. Kiefer, a Director at Mid Penn Bancorp, Inc., acquired 1,700 shares of restricted stock on April 1, 2026.
• These shares were granted at a price of $0 and are subject to vesting on the first anniversary of the grant date.
• Following this transaction, Kiefer's beneficial ownership includes 1,700 restricted shares, 40,229 common shares held directly, 388 common shares held indirectly by his child, and 1,003,259 common shares held indirectly through a family partnership, Lawrence Keister & Co.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider stock acquisition without significant new financial information or strategic revelations.

Positives

• Director acquisition of restricted stock can signal confidence in the company's future prospects.
• The acquisition of 1,700 restricted shares indicates continued commitment from a key insider.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, such as the acquisition of restricted stock by a director, are common disclosures in the banking sector and can provide insights into management's perception of company value.

Stakeholder Impact

• Shareholders may view the director's acquisition of restricted stock positively, as it can indicate confidence in the company's performance and future value.

Next Steps

• The restricted stock vests 100% on the first anniversary of the date of grant.

Key Dates

Keywords

Mid Penn Bancorp, MPB, Form 4, Insider Transaction, Restricted Stock, Director, Beneficial Ownership