Form 4: Mid Penn Bancorp Officer Reports Acquisition and Disposal of Shares

Sentiment:

SEC Form 4


Joan E. Dickinson, Chief Retail Officer of Mid Penn Bancorp, reports transactions involving the company's common stock and restricted stock.

Summary

  • Joan E. Dickinson, Chief Retail Officer of Mid Penn Bancorp Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On April 1, 2024, Dickinson acquired 899 shares of Mid Penn Bancorp common restricted stock.
  • Also on April 1, 2024, Dickinson disposed of 2,116 shares of Mid Penn Bancorp common restricted stock.
  • Dickinson directly owns 3,422.71 shares of Mid Penn Bancorp common stock, which includes shares acquired through the Employee Stock Purchase Plan, Dividend Reinvestment Plan, and shares of restricted stock that vested on 4/01/2024.
  • Dickinson's obligation to file Section 16 reports was reinstated on January 24, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, which doesn't inherently convey positive or negative sentiment. It's a factual report.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings for insights into management's view of the company's prospects.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
10/09/2018Joan Dickinson filed a Form 3 with respect to the Corporation.
01/24/2024Ms. Dickinson again became subject to Section 16 reporting with respect to the Corporation.
04/01/2024Transaction date: Acquisition of 899 shares of restricted stock and disposal of 2,116 shares of restricted stock.
04/01/2024Shares of restricted stock vested.
04/03/2024Date of Form 4 signature.

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