Form 4: Mid Penn Bancorp Inc. Executive Jordan D. Space Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jordan D. Space, Chief Operating Officer of Mid Penn Bancorp Inc., reports acquisition of restricted stock and disposal of common stock.
Summary
- On April 1, 2025, Jordan D. Space, the Chief Operating Officer of Mid Penn Bancorp Inc., reported changes in beneficial ownership.
- Space acquired 2,500 shares of Mid Penn Bancorp, Inc. Common Restricted Stock.
- These shares vest ratably over four years.
- Space also disposed of common stock.
- Following the reported transactions, Space beneficially owns 4,775 shares of restricted stock and 5,873.511 shares of common stock.
- The balance includes shares acquired through the Employee Stock Purchase Plan and Dividend Reinvestment Plan, as well as shares of restricted stock that vested on 4/01/2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions without expressing any positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a key executive.
- It can influence investor sentiment depending on the interpretation of the insider's actions.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction: Acquisition of restricted stock and vesting of restricted stock. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
beneficial ownership, Form 4, Mid Penn Bancorp, restricted stock, common stock, insider trading, MPB, Jordan D. Space, COO
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