Form 4: Mid Penn Bancorp Director Maureen M. Gathagan Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Maureen M. Gathagan reports acquisition of restricted stock and disposal of common stock in Mid Penn Bancorp.

Summary

  • On April 1, 2024, Maureen M. Gathagan, a director of Mid Penn Bancorp Inc., reported transactions involving the company's stock.
  • Gathagan acquired 999 shares of Mid Penn Bancorp restricted stock.
  • Gathagan also disposed of 6,591.679 shares of Mid Penn Bancorp common stock.
  • Following these transactions, Gathagan directly owns 2,759 shares of restricted stock and an unspecified amount of common stock, including shares acquired through the Dividend Reinvestment Plan.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company directors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider trading activity.

Key Dates

DateDescription
04/01/2024Date of stock transactions (acquisition of restricted stock and disposal of common stock).
04/03/2024Date of signature on the Form 4 filing.

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