Form 4: Mid Penn Bancorp Chief Risk Officer Reports Stock Transactions
SEC Form 4 Filing
Zachary C. Miller, Chief Risk Officer of Mid Penn Bancorp, reports acquisition of restricted stock and disposal of common stock.
Summary
- On April 1, 2024, Zachary C. Miller, Chief Risk Officer of Mid Penn Bancorp Inc., reported transactions involving the company's stock.
- Miller acquired 500 shares of Mid Penn Bancorp, Inc. Common Restricted Stock at $0 per share.
- Miller also disposed of common stock.
- Following these transactions, Miller beneficially owns 809.252 shares of Mid Penn Bancorp, Inc. Common Stock and 1,275 shares of restricted stock.
- The restricted stock vests ratably over four years or according to the terms of each respective grant.
- The common stock balance includes shares acquired through the Employee Stock Purchase Plan, Dividend Reinvestment Plan, and shares of restricted stock that vested on 4/01/2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of earliest transaction: acquisition of restricted stock and disposal of common stock. |
| 04/01/2024 | Restricted stock vested. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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