Form 4: Mid Penn Bancorp CEO Rory Ritrievi Reports Stock Purchase

Rory Ritrievi, President and CEO of Mid Penn Bancorp, reports the purchase of 500 shares of common stock at $29.50 per share.

Summary

• On November 1, 2024, Rory G. Ritrievi, President and CEO of Mid Penn Bancorp Inc., purchased 500 shares of the company's common stock at a price of $29.50 per share.
• Following this transaction, Ritrievi directly owns 49,528.84 shares of Mid Penn Bancorp common stock, which includes shares acquired through the Dividend Reinvestment Plan.
• Ritrievi also indirectly owns 4,309.604 shares through an IRA and directly owns 27,697 shares of common restricted stock.
• The reported transaction was filed on November 5, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is a positive signal, but the document is primarily a regulatory filing.

Positives

• The CEO's purchase of shares may signal confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects. Purchases by executives are often seen as a positive sign.

Stakeholder Impact

• The stock purchase by the CEO could positively influence shareholder sentiment.

Key Dates