Form 4: Mid Penn Bancorp Director Buys Shares, Disposes Restricted Stock

Mid Penn Bancorp Director Albert J. Evans reported a purchase of common stock and a disposal of restricted stock, increasing his direct beneficial ownership.

Summary

• Albert J. Evans, a Director of Mid Penn Bancorp, Inc. (MPB), reported transactions on December 31, 2025.
• He acquired 323 shares of Mid Penn Bancorp, Inc. Common Stock at a price of $31.02 per share through the Director Stock Purchase Plan.
• He disposed of 1,945 shares of Mid Penn Bancorp, Inc. Common Restricted Stock, which vest 100% on the first anniversary of the grant date.
• Following these transactions, his direct beneficial ownership of Common Stock is 39,241.012 shares.
• He also holds indirect beneficial ownership of 1,270.121 shares through a 401(k) and Frontier Trust FSB, TTEE Fanelli, Evans & Patel.
• The reported balance of common stock includes shares acquired through the Dividend Reinvestment Plan.

Sentiment

Score: 7

Explanation: The director's purchase of common stock indicates a positive sentiment and confidence in the company's future, outweighing the disposal of restricted stock which is often a routine vesting event.

Positives

• A director purchased 323 shares of common stock at $31.02 per share, indicating confidence in the company's future.
• The purchase was made through a Director Stock Purchase Plan, suggesting a structured and ongoing commitment to the company.

Negatives

• Disposal of 1,945 shares of Common Restricted Stock, although this is often a vesting event and not necessarily a negative sale, it represents a change in the form of ownership.

Future Outlook

No specific forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This filing reflects an insider transaction within the banking and financial services sector. Insider purchases can signal management's belief in the company's valuation or future prospects, which is a common indicator investors monitor across all industries, including banking.

Related Party Transactions

• Albert J. Evans holds indirect beneficial ownership of 1,270.121 shares through Frontier Trust FSB, TTEE Fanelli, Evans & Patel, which represents a trust arrangement for holding securities.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive signal, potentially increasing investor confidence in Mid Penn Bancorp, Inc.

Key Dates

Keywords

Mid Penn Bancorp, MPB, insider trading, Form 4, director stock purchase, common stock, restricted stock, beneficial ownership, financial services, banking