Form 4: Mid Penn Bancorp Director Brian Hudson Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Director Brian Hudson reports acquisition of 1,945 shares of Mid Penn Bancorp restricted stock and vested shares.
Summary
- On April 1, 2025, Brian Arden Hudson Sr., a director of Mid Penn Bancorp Inc., acquired 1,945 shares of restricted stock.
- These shares were granted as restricted stock and vest 100% on the first anniversary of the grant date.
- The reporting person also owns 7,414.134 shares of Mid Penn Bancorp Inc. common stock, which includes shares acquired through the Dividend Reinvestment Plan and shares of restricted stock that vested on April 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Positives
- The acquisition of restricted stock by a director could be seen as a positive sign of confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of restricted stock and vesting of restricted stock. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, Restricted Stock, Mid Penn Bancorp, MPB, Hudson
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