Mid Penn Bancp SEC Filings

Mid Penn Bancorp (MPB) disclosed new executive compensation arrangements for President and CEO Rory G. Ritrievi: a split-dollar life insurance agreement and a 2025 Supplemental Executive Retirement Plan (SERP).

The 2025 SERP provides a fixed cash benefit of $404,480 per year, paid monthly over 15 years, beginning on the first day of the month after the later of separation from service or reaching normal retirement age 73. Payments also begin upon earlier disability or death, and apply to certain terminations, including within two years after a change in control. The benefit vests ratably over 10 years and increases by 2.0% each year after full vesting. Vesting becomes fully vested upon a termination following a change in control or disability, and is accelerated by three years for a termination other than for cause or by Mr. Ritrievi for good reason.

The filing notes a 280G excise tax cutback election with no gross-up, and includes non-competition and non-solicitation covenants with forfeiture of unpaid benefits upon breach. The split-dollar agreement provides Mr. Ritrievi’s beneficiary a share of life insurance death proceeds while he remains employed; it terminates upon separation.

Mid Penn Bancorp, Inc. (MPB) reported that it furnished a press release discussing financial results for the quarter ended September 30, 2025, as Exhibit 99.1 to its Form 8-K.

The Board of Directors also declared a quarterly cash dividend of $0.22 per common share, payable on November 24, 2025 to shareholders of record as of November 10, 2025. This update confirms a regular capital return to shareholders alongside the availability of the company’s Q3 2025 results press release.

Theodore W. Mowery, a director of Mid Penn Bancorp Inc. (MPB), reported transactions on Form 4 showing a purchase and other holdings. On 09/30/2025 he acquired 70 shares of Mid Penn Bancorp common stock at $28.64 per share through the Director Stock Purchase Plan. The filing shows a reported beneficial ownership balance of 39,694.164 shares (which includes shares from the Dividend Reinvestment Plan) and an indirect IRA holding of 22,121.327 shares. The filing also notes 1,945 restricted shares granted that vest 100% on the first anniversary of the grant date. The form is signed 10/01/2025.

Insider transaction summary: Director Joel L. Frank reported a purchase of 88 shares of Mid Penn Bancorp, Inc. common stock on 09/30/2025 at $28.64 per share under the Director Stock Purchase Plan. After the purchase and including shares from the Dividend Reinvestment Plan, he beneficially owns 9,177.516 shares directly. He was also granted 1,945 shares of restricted stock that vest 100% on the first anniversary of the grant. The Form 4 is signed and dated 10/01/2025 and contains explanations that purchases were through the director plan, dividends were reinvested, and restricted shares have a one-year vesting schedule.

Kimberly J. Brumbaugh, a director of Mid Penn Bancorp, Inc. (MPB), reported transactions on 09/30/2025. She purchased 88 shares of Mid Penn Bancorp common stock at $28.64 per share through the Director Stock Purchase Plan and continues to hold a total reported beneficial ownership of 10,260.069 shares following the transaction (the balance includes shares acquired via the Dividend Reinvestment Plan). Separately, 1,123.0004 shares are reported as indirectly held in an IRA. The filing also shows 1,945 shares of restricted stock were granted, which vest 100% on the first anniversary of the grant date.

Albert J. Evans, a director of Mid Penn Bancorp Inc. (MPB), reported transactions on Form 4 showing a purchase and other holdings as of 09/30/2025. The filing discloses 349 shares purchased at $28.64 through the Director Stock Purchase Plan on 09/30/2025. The report lists 38,879.12 as the amount of securities beneficially owned following the reported transactions, and separately identifies 1,260.674 shares held indirectly by a 401(k) and 1,945 shares granted as restricted stock that vest 100% on the first anniversary of the grant. Some shares are held in the name of Frontier Trust FSB, TTEE Fanelli, Evans & Patel. The form is signed by Albert J. Evans on 10/01/2025.

Matthew G. DeSoto, a director of Mid Penn Bancorp, Inc. (MPB), reported a transaction on 09/30/2025 showing a purchase of 280 shares of the issuer's common stock at a price of $28.64 per share through the Director Stock Purchase Plan. Following the reported transaction the filing lists total beneficial ownership of 112,753.667 shares, a balance the filer notes includes shares acquired through the Dividend Reinvestment Plan. The report also discloses 3,327 shares held indirectly via a custodial PUTMA for Children account, 78 shares held indirectly via L T D Investments, and 1,945 restricted shares granted that vest 100% on the first anniversary of the grant. The form is signed and dated 10/01/2025.

Robert A. Abel, a director of Mid Penn Bancorp Inc. (MPB), reported transactions dated 09/30/2025. The filing shows purchases of common stock through the Director Stock Purchase Plan at $28.64 per share. The report lists 7,585.765 shares associated with the reported purchase activity and a total beneficial ownership of 26,909.417 shares held indirectly through the Robert and Julie Abel Living Trust. The filing also records 1,945 shares granted as restricted stock, which the form notes vest 100% on the first anniversary of the grant date. The form is signed by Robert A. Abel on 10/01/2025.

Bay Pond Partners, L.P. reports beneficial ownership of 1,160,843 shares of Mid Penn Bancorp, Inc. common stock, representing 5.05% of the class. The filing states all reported shares are held with shared voting and shared dispositive power and no sole voting or dispositive power is claimed.

The Schedule 13G indicates the holdings are not for the purpose of changing or influencing control of the issuer. The filing lists Mid Penn Bancorp's principal office at 2407 Park Drive, Harrisburg, PA and was signed by an authorized person on 09/26/2025.