Form 4: Mid Penn Bancorp Director Albert J. Evans Reports Stock Purchases

Director Albert J. Evans reports purchasing Mid Penn Bancorp stock and holding a significant beneficial ownership.

Summary

• On April 28, 2025, Albert J. Evans, a director of Mid Penn Bancorp Inc., purchased 1,058 shares of common stock at $28.61 per share.
• On April 29, 2025, Evans made two additional purchases: 279 shares at $28.648 per share and 21 shares at $28.62 per share.
• Following these transactions, Evans directly owns 37,853.946 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 common restricted stock that vests on the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine and provide transparency into the trading activities of company insiders, allowing investors to track potential shifts in sentiment.

Stakeholder Impact

• The stock purchases by a director could positively influence shareholder sentiment.

Key Dates

Keywords

Mid Penn Bancorp, MPB, Albert J. Evans, Director, Stock Purchase, Beneficial Ownership, Form 4, SEC Filing