Form 4: Mid Penn Bancorp Director Buys Shares

Mid Penn Bancorp Director Robert A. Abel purchased 16 shares of common stock at $31.02 through a stock purchase plan.

Summary

• Director Robert A. Abel purchased 16 shares of Mid Penn Bancorp, Inc. common stock on December 31, 2025.
• The shares were acquired at a price of $31.02 per share through the Director Stock Purchase Plan.
• Following this transaction, Mr. Abel directly beneficially owns 7,658.607 shares of common stock.
• Additionally, 27,112.922 shares are indirectly beneficially owned through the Robert and Julie Abel Living Trust.
• The reported balances also include shares acquired via the Dividend Reinvestment Plan.
• Mr. Abel also holds 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: Director Robert A. Abel's purchase of shares indicates confidence in Mid Penn Bancorp, though the transaction size is modest and unlikely to significantly impact market sentiment on its own.

Positives

• Director Robert A. Abel's purchase of 16 shares of common stock at $31.02 indicates a degree of confidence in the company's future prospects.
• The use of a Director Stock Purchase Plan suggests a structured approach to increasing insider ownership and aligning interests with shareholders.

Future Outlook

This filing, an insider transaction report, does not contain forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The transaction itself, a purchase by a director, can be interpreted as a signal of management's confidence in the company's valuation and future performance.

Industry Context

Insider buying, even in small amounts, can be a positive signal within the banking sector, suggesting that those with intimate knowledge of the company and industry believe the stock is undervalued or has positive prospects. This transaction, while small, aligns with a general trend of insiders increasing their stake in their respective companies when they perceive value.

Corporate Governance

Related Party Transactions

• Robert A. Abel's indirect beneficial ownership of 27,112.922 shares through the Robert and Julie Abel Living Trust represents a related party holding.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive signal of confidence in the company's future performance and valuation.

Key Dates

Recommendation

The director's purchase of a small number of shares, while a positive signal of confidence, is not substantial enough to warrant a change from a 'hold' recommendation without further fundamental analysis of Mid Penn Bancorp's financial performance and strategic outlook.

Keywords

Mid Penn Bancorp, MPB, Insider Trading, Director Stock Purchase Plan, Common Stock, Form 4, Robert A. Abel, Dividend Reinvestment Plan, Restricted Stock