Form 4: Mid Penn Bancorp Director Mowery Acquires Restricted Stock

Director Theodore W. Mowery reports acquisition of restricted stock in Mid Penn Bancorp, Inc.

Summary

• The document is a Form 4 filing, indicating changes in beneficial ownership of securities.
• Director Theodore W. Mowery acquired 1,945 shares of Mid Penn Bancorp, Inc. common restricted stock on April 1, 2025.
• The restricted stock was acquired at a price of $0 and vests 100% on the first anniversary of the grant date.
• Mowery directly owns 39,050.793 shares of Mid Penn Bancorp, Inc. common stock.
• Mowery indirectly owns 21,814.089 shares through an IRA and 250 shares through a spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of restricted stock by a director suggests confidence, but it's a routine transaction.

Positives

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

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of restricted stock suggests a positive outlook from the director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The acquisition of restricted stock by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, beneficial ownership, restricted stock, Mid Penn Bancorp, Mowery, director, MPB, securities