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

Director John E. Noone reports purchasing 1,000 shares of Mid Penn Bancorp, Inc. common stock at $28.2345 per share.

Summary

• On May 20, 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 $28.2345 per share.
• Following the transaction, Noone directly owns 22,327.017 shares and indirectly owns 1,200 shares through an IRA, 2,500 shares through a John Noone SEP IRA and 42,400 shares through the John E. Noone Trust.
• He also owns 1,945 shares of restricted stock that vests on the first anniversary of the grant date.
• The report indicates that some shares were acquired through the Dividend Reinvestment Plan.

Sentiment

Score: 6

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

This filing is a routine disclosure of insider trading activity, which is common in the financial industry. Investors often monitor these filings for signals about management's confidence in the company.

Stakeholder Impact

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

Key Dates

Keywords

Mid Penn Bancorp, Director, Stock Purchase, Form 4, Beneficial Ownership, MPB, Noone