Form 4: Mid Penn Bancorp Director Albert J. Evans Reports Stock Purchase
SEC Form 4 Filing
Director Albert J. Evans reports purchasing 250 shares of Mid Penn Bancorp at $28.87 per share.
Summary
- On May 13, 2025, Albert J. Evans, a director of Mid Penn Bancorp Inc., purchased 250 shares of the company's common stock at a price of $28.87 per share.
- Following this transaction, Evans directly owns 38,103.946 shares of Mid Penn Bancorp common stock.
- Evans also indirectly owns 1,243.0798 shares through a 401(k) and holds 1,945 shares of restricted stock that vest on the first anniversary of the grant date.
- The shares held in the 401(k) are in the name of Frontier Trust FSB, TTEE Fanelli, Evans & Patel.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a director's stock purchase, which is common in the financial industry. It provides transparency to investors regarding the actions of company insiders.
Stakeholder Impact
- The stock purchase by a director could be viewed positively by shareholders as it signals confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of stock purchase transaction |
| 05/19/2025 | Date of signature on the report |
Keywords
Form 4, Beneficial Ownership, Director, Stock Purchase, Mid Penn Bancorp, MPB, Evans
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