Form 4: Mid Penn Bancorp Director Boosts Shareholding

Mid Penn Bancorp Director Kimberly J Brumbaugh acquired 88 common shares at $28.64, increasing her direct ownership.

Summary

• Kimberly J Brumbaugh, a Director of Mid Penn Bancorp, Inc. (MPB), purchased 88 shares of common stock.
• The transaction occurred on September 30, 2025, at a price of $28.64 per share.
• The shares were acquired through the Director Stock Purchase Plan.
• Following this transaction, Brumbaugh directly owns 10,260.069 shares of common stock and indirectly owns 1,123.0004 shares through an IRA.
• The reported common stock balance also includes shares acquired via the Dividend Reinvestment Plan.
• Additionally, Brumbaugh beneficially owns 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 director's purchase of additional shares indicates confidence in the company's future prospects and aligns her interests with shareholders, which is generally a positive signal.

Positives

• A company director, Kimberly J Brumbaugh, increased her direct ownership in Mid Penn Bancorp, Inc. by purchasing 88 shares.
• The purchase was made through the Director Stock Purchase Plan, indicating participation in company-sponsored equity programs and aligning interests with shareholders.
• Beneficial ownership includes shares acquired through the Dividend Reinvestment Plan, suggesting a long-term investment perspective.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Purchase of shares through the Director Stock Purchase Plan, a company-sponsored program for directors.

Stakeholder Impact

• Shareholders: Increased alignment of the director's financial interests with those of other shareholders due to increased personal ownership.

Next Steps

• Vesting of 1,945 shares of restricted stock on the first anniversary of their grant date.

Key Dates

Recommendation

While the director's purchase of shares is a positive signal of confidence, the transaction size is relatively small and represents a routine insider activity, not a significant catalyst for a change in investment recommendation. It reinforces a 'hold' position for existing investors.

Keywords

Mid Penn Bancorp, MPB, Insider Trading, Stock Purchase, Director Ownership, Financial Services, Banking