Form 4: Mid Penn Bancorp Chief Risk Officer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Zachary C. Miller, Chief Risk Officer of Mid Penn Bancorp, reports acquisition and disposal of company stock, including restricted stock grants and shares acquired through employee and dividend reinvestment plans.

Summary

  • On April 1, 2025, Zachary C. Miller, Chief Risk Officer of Mid Penn Bancorp Inc., reported transactions involving the company's stock.
  • Miller acquired 600 shares of Mid Penn Bancorp, Inc. Common Restricted Stock.
  • Miller also disposed of 1,425 shares of Mid Penn Bancorp, Inc. Common Stock.
  • Following these transactions, Miller beneficially owns 1,414.553 shares of Mid Penn Bancorp, Inc. Common Stock.
  • The reported transactions include shares granted in the form of restricted stock vesting over four years and shares acquired through the Employee Stock Purchase Plan and Dividend Reinvestment Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider trading activity, required by the SEC to ensure transparency and prevent illegal trading practices. It provides investors with information about the transactions of company insiders, which can be used to assess management's view of the company's prospects.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • It assures stakeholders that insider trading activities are being monitored and disclosed.

Key Dates

DateDescription
04/01/2025Date of earliest transaction
04/01/2025Restricted stock vested
04/03/2025Date of signature

Keywords

Form 4, insider trading, stock transaction, Zachary C. Miller, Chief Risk Officer, Mid Penn Bancorp, MPB, restricted stock, beneficial ownership

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