Form 4: Mid Penn Bancorp Director Joel L. Frank Reports Stock Transactions

Sentiment:

Insider Transaction Report


Mid Penn Bancorp Director Joel L. Frank reported the purchase of 88 shares of common stock and the disposition of 1,945 shares of restricted stock on June 30, 2025.

Summary

  • Joel L. Frank, a Director of Mid Penn Bancorp Inc. (MPB), reported transactions on June 30, 2025.
  • Frank acquired 88 shares of Mid Penn Bancorp, Inc. Common Stock at a price of $28.2 per share through the Director Stock Purchase Plan.
  • Frank also disposed of 1,945 shares of Mid Penn Bancorp, Inc. Common Restricted Stock.
  • The disposed restricted shares vested 100% on the first anniversary of their grant date.
  • Following these transactions, Frank beneficially owns 9,059.069 shares of Mid Penn Bancorp, Inc. Common Stock, which includes shares acquired through the Dividend Reinvestment Plan.

Sentiment

Score: 6

Explanation: The director's purchase of common stock indicates a positive signal of confidence, while the disposition of restricted stock is a routine event upon vesting and does not necessarily imply a negative outlook.

Positives

  • Director Joel L. Frank purchased 88 shares of Mid Penn Bancorp, Inc. Common Stock, indicating continued investment and potential confidence in the company.
  • The beneficial ownership balance includes shares acquired through the Dividend Reinvestment Plan, suggesting ongoing shareholder participation and long-term holding by the director.

Negatives

  • Director Joel L. Frank disposed of 1,945 shares of Mid Penn Bancorp, Inc. Common Restricted Stock, which reduces his direct restricted stock holdings.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of insider trading activity, specific to the individual director and company, and does not provide broader industry context or trends.

Related Party Transactions

  • Director Joel L. Frank acquired shares through the company's Director Stock Purchase Plan.

Stakeholder Impact

  • Shareholders: Provides transparency regarding insider trading activity, which can influence investor confidence and perception of management alignment with shareholder interests.

Key Dates

DateDescription
06/30/2025Date of earliest transaction, including the purchase of common stock and disposition of restricted stock.
07/02/2025Date the reporting person's signature was affixed to the filing.

Keywords

Mid Penn Bancorp, MPB, Joel L. Frank, Form 4, insider trading, stock purchase, restricted stock, director stock plan, dividend reinvestment

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