Form 4: Mid Penn Bancorp Director Brumbaugh Reports Acquisition of Restricted Stock

Kimberly J. Brumbaugh, a director of Mid Penn Bancorp, reported the acquisition of 1,945 shares of restricted stock on April 1, 2025.

Summary

• On April 1, 2025, Kimberly J. Brumbaugh, a director of Mid Penn Bancorp Inc., acquired 1,945 shares of restricted stock.
• The restricted stock was granted at a price of $0 per share.
• These shares vest 100% on the first anniversary of the grant date.
• Following the transaction, Brumbaugh directly owns 1,945 shares of restricted stock and 9,957.441 shares of common stock.
• Brumbaugh also indirectly owns 1,106.8 shares of common stock through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of restricted stock by a director is generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of restricted stock by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in the financial industry. It provides transparency regarding the holdings of company directors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Restricted Stock, Mid Penn Bancorp, MPB, Brumbaugh, Acquisition