SCHEDULE: Vanguard Group Reports 0% Stake in Mid Penn Bancorp

The Vanguard Group reports 0% beneficial ownership in Mid Penn Bancorp Inc. following an internal realignment.

Summary

• The Vanguard Group's beneficial ownership in Mid Penn Bancorp Inc. (CUSIP: 59540G107) is now 0%.
• This change is a result of an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of Vanguard will report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538 (January 12, 1998).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.
• The subsidiaries and/or business divisions continue to pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing, reflecting a change in reporting structure for Vanguard rather than a fundamental shift in investment strategy or a direct positive/negative for Mid Penn Bancorp.

Future Outlook

Vanguard's subsidiaries and/or business divisions will report beneficial ownership separately from The Vanguard Group, Inc. going forward, continuing to pursue the same investment strategies.

Management Comments

• "On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment."
• "In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release."
• "These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment."
• "Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions."

Industry Context

StockSavvy.ai notes that this type of Schedule 13G amendment, reflecting a change in beneficial ownership due to internal realignment, is a common administrative occurrence for large asset management firms like The Vanguard Group. It typically signifies a shift in reporting structure rather than a fundamental change in investment strategy or a complete divestment by all underlying funds.

Stakeholder Impact

• Shareholders of Mid Penn Bancorp Inc. may see a change in how institutional ownership is reported, with Vanguard's holdings potentially disaggregated across various entities rather than consolidated under the parent group. This does not necessarily imply a change in the actual number of shares held by Vanguard-managed funds.

Next Steps

• Vanguard's subsidiaries and/or business divisions will report their beneficial ownership separately from The Vanguard Group, Inc.

Key Dates

Keywords

Vanguard Group, Mid Penn Bancorp, Schedule 13G, Beneficial Ownership, SEC Filing, Investment Adviser, Common Stock, Internal Realignment