Form 4: Mid Penn Bancorp Executive Acquires Shares
SEC Form 4 Filing
Scott W. Micklewright, Chief Revenue Officer of Mid Penn Bancorp, recently purchased 500 shares of the company's common stock.
Summary
- On November 1, 2024, Scott W. Micklewright, the Chief Revenue Officer of Mid Penn Bancorp Inc. [MPB], acquired 500 shares of the company's common stock at a price of $29.5 per share.
- The transaction increased Micklewright's direct holdings to 16,176.992 shares of common stock.
- Micklewright also directly owns 4,098 shares of common restricted stock.
- The filing indicates that the balance includes shares acquired through the Employee Stock Purchase Plan and Dividend Reinvestment Plan.
- The restricted stock vests according to the terms of each respective grant.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company executives and their confidence in the company's prospects.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the insider's purchase.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of the transaction where Scott W. Micklewright acquired 500 shares of Mid Penn Bancorp, Inc. common stock. |
| 11/05/2024 | Date of signature for the Form 4 filing by Scott W. Micklewright. |
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