Form 4: Mid Penn Bancorp Director John E. Noone Increases Stake in Company

Director John E. Noone reports acquisition of 1,000 shares of Mid Penn Bancorp, Inc. common stock at $28.1769 per share.

Summary

• On April 28, 2025, John E. Noone, a director of Mid Penn Bancorp Inc., purchased 1,000 shares of the company's common stock.
• The purchase price was $28.1769 per share.
• Following the transaction, Noone directly owns 22,327.017 shares and indirectly owns 41,400 shares through a trust, 1,200 shares through an IRA, and 2,500 shares through a SEP IRA.
• He also directly owns 1,945 shares of restricted stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into a company's prospects. A director purchasing shares may signal confidence in the company's future performance.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Mid Penn Bancorp, Director, Stock Acquisition, Form 4, Insider Trading, MPB, John E. Noone