Form 4: Mid Penn Bancorp Director Brian Hudson Reports Stock Transactions
SEC Form 4 Filing
Director Brian Hudson reported acquiring restricted stock and disposing of common stock in Mid Penn Bancorp.
Summary
- On April 1, 2024, Brian Hudson, a director of Mid Penn Bancorp, reported transactions involving the company's stock.
- He acquired 999 shares of restricted stock.
- He also disposed of 2,759 shares of common stock.
- Following these transactions, Hudson directly owns 4,114.656 shares of Mid Penn Bancorp common stock, which includes shares acquired through the Dividend Reinvestment Plan.
- The 999 shares of restricted stock vest 100% on the first anniversary of the grant date.
- Hudson also owns restricted stock that vests according to the terms of each respective grant.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock transactions (acquisition of restricted stock and disposal of common stock). |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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