Form 4: Mid Penn Bancorp Director John E. Noone Reports Acquisition of Restricted Stock

Director John E. Noone reports acquiring 1,945 shares of Mid Penn Bancorp restricted stock on April 1, 2025.

Summary

• On April 1, 2025, John E. Noone, a director of Mid Penn Bancorp Inc., acquired 1,945 shares of restricted stock.
• These shares were granted as restricted stock and will vest 100% on the first anniversary of the grant date.
• Noone directly owns 22,327.017 shares of Mid Penn Bancorp common stock, which includes shares acquired through the Dividend Reinvestment Plan and shares of restricted stock that vested on April 1, 2025.
• Additionally, Noone indirectly owns 40,400 shares through the John E. Noone Trust, 1,200 shares through an IRA, and 2,500 shares through a SEP IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of restricted stock by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• Shareholders may view the director's stock acquisition as a positive signal.

Key Dates

Keywords

Mid Penn Bancorp, Director, John E. Noone, Restricted Stock, Beneficial Ownership, Form 4, Dividend Reinvestment Plan