Form 4: Mid Penn Bancorp Insider Trades Restricted Stock

John Paul Livingston, CIO & CTO of Mid Penn Bancorp Inc., reported a transaction involving restricted stock.

Summary

• John Paul Livingston, Chief Information Officer and Chief Technology Officer of Mid Penn Bancorp Inc., reported a transaction on April 1, 2026.
• He acquired 2,502 shares of Mid Penn Bancorp, Inc. Common Restricted Stock at a price of $0.
• These shares were granted as restricted stock and vest ratably over three years.
• Following this transaction, Livingston beneficially owns 3,452 shares of restricted stock.
• Additionally, he holds 2,668.049 shares of common stock acquired through the Employee Stock Purchase Plan and Dividend Reinvestment Plan, as well as vested restricted stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of insider stock transactions rather than significant financial performance or strategic shifts.

Positives

• Acquisition of restricted stock by a key executive, indicating continued commitment and alignment with company performance.
• The restricted stock grant is valued at $0, suggesting it's part of an executive compensation package.
• The executive also holds shares acquired through employee stock purchase and dividend reinvestment plans, showing long-term investment.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to insider stock transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive stock holdings and movements within the financial services sector.

Stakeholder Impact

• Shareholders: Increased transparency regarding executive stock ownership and compensation structure.
• Employees: Potential insight into executive confidence and compensation practices.
• Management: Standard reporting requirement, reinforcing corporate governance.

Key Dates

Keywords

SEC Form 4, Insider Trading, Restricted Stock, Mid Penn Bancorp, Executive Compensation, CIO, CTO, Beneficial Ownership