Form 4: Mid Penn Bancorp Director Albert J. Evans Increases Common Stock Holdings

Mid Penn Bancorp Director Albert J. Evans reported an acquisition of 354 shares of common stock, increasing his direct and indirect beneficial ownership.

Summary

• Albert J. Evans, a Director of Mid Penn Bancorp Inc. (MPB), reported transactions on June 30, 2025.
• Acquired 354 shares of Mid Penn Bancorp, Inc. Common Stock at a price of $28.2 per share through the Director Stock Purchase Plan.
• Beneficially owns 38,495.841 shares of Common Stock directly following the reported transactions.
• Beneficially owns an additional 1,252.283 shares of Common Stock indirectly through a 401(k) plan and Frontier Trust FSB, TTEE Fanelli, Evans & Patel.
• Disposed of 1,945 shares of Mid Penn Bancorp, Inc. Common Restricted Stock, which vests 100% on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The acquisition of common stock by a director is a positive signal, indicating insider confidence. The disposal of restricted stock is likely related to vesting and does not significantly detract from the overall positive sentiment.

Positives

• Director Albert J. Evans purchased 354 shares of common stock, indicating confidence in the company's future.
• The purchase was made through a Director Stock Purchase Plan, aligning management's interests with shareholders.

Negatives

• Disposal of 1,945 shares of Common Restricted Stock, which is likely due to vesting schedules and not necessarily a negative signal regarding company performance.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the director's stock purchase as a positive indicator of the company's future performance and management's alignment with shareholder interests.

Key Dates

Recommendation

Keywords

Mid Penn Bancorp, MPB, Form 4, Insider Trading, Director Stock Purchase, Common Stock, Beneficial Ownership, Restricted Stock