Mid Penn Bancorp (NASDAQ: MPB) appoints Dana R. Stewart as new COO

Rhea-AI Filing Summary

Mid Penn Bancorp, Inc. reported a leadership change in its banking subsidiary, appointing Dana R. Stewart as First Executive Vice President and Chief Operating Officer of Mid Penn Bank, effective January 5, 2026. Stewart brings over 35 years of financial services experience, including senior roles at First National Bank and BNY Mellon, and holds both bachelor’s and MBA degrees in business-related fields. He will receive an annual base salary of $310,000, a change in control agreement providing a severance benefit equal to 2.25 times his annual base salary, and eligibility to participate in the bank’s incentive, retirement, and benefit plans for similarly situated employees. The company states there are no family relationships or related-party transactions requiring disclosure, and notes that former COO Jordan D. Space will continue as President of the Private Bank overseeing MPB Financial Services, LLC and its nonbank subsidiaries.

Insights

Bank governance and executive compensation analyst

Mid Penn adds an experienced COO while reallocating existing leadership roles.

The appointment of Dana R. Stewart as Chief Operating Officer of Mid Penn Bank brings a leader with more than 35 years in financial services, including senior positions at First National Bank and BNY Mellon. This suggests an emphasis on operational depth and project management expertise at the bank subsidiary level.

His compensation package includes an annual base salary of $310,000 and a change in control agreement that provides 2.25 times his annual base salary as severance. This type of arrangement is typical for senior bank executives and is designed to provide continuity in the event of corporate control changes, while also representing a defined liability for the company.

Jordan D. Space, who previously served as Chief Operating Officer from January 12, 2024 through January 5, 2026, will remain in a key role as President of the Private Bank, managing MPB Financial Services, LLC and its two nonbank subsidiaries. This indicates a redistribution of responsibilities rather than a loss of experienced leadership, with future disclosures likely providing more insight into how these role changes affect business lines.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  January 5, 2026

MID PENN BANCORP, INC.

(Exact Name of Registrant as Specified in its Charter)

Pennsylvania

1-13677

25-1666413

(State or Other Jurisdiction of Incorporation or Organization)

(Commission File Number)

(I.R.S. Employer Identification Number)

2407 Park Drive Harrisburg, Pennsylvania

1.866.642.7736

17110

(Address of Principal Executive Offices)

(Registrant’s telephone number, including area code)

(Zip Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $1.00 par value per share

MPB

The NASDAQ Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b) )
o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4( c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

MID PENN BANCORP, INC.

FORM 8-K

ITEM 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Chief Operating Officer

On January 8, 2026, Mid Penn Bank, the wholly-owned bank subsidiary of Mid Penn Bancorp, Inc. (the “Company”), announced the appointment of Mr. Dana R. Stewart to the position of First Executive Vice President and Chief Operating Officer, effective January 5, 2026. Mr. Stewart, age 57, has over 35 years of experience in the financial services industry. Mr. Stewart most recently held the position of Senior Vice President and Director of the Project Management Office for First National Bank (Pittsburgh, Pennsylvania) from 2015 to 2025. Prior to his time with First National Bank, Mr. Stewart served as Managing Director for BNYMellon (Pittsburgh, Pennsylvania) from 2007 to 2014. Mr. Stewart is a graduate of Grove City College where he received a Bachelor of Arts in Business Administration/Financial Planning, and Robert Morris University, where he received a Master of Business Administration.

In connection with his appointment, Mr. Stewart will receive an annual base salary of $310,000 and a change in control agreement with a severance benefit equal to 2.25 times his annual base salary as then in effect, and be eligible to participate in Mid Penn Bank's incentive, retirement and benefit plans as made available to similarly situated employees.

There are no family relationships between Mr. Stewart and any director, executive officer or any person nominated or chosen by the Company to become a director or executive officer. No information is required to be disclosed with respect to Mr. Stewart pursuant to Item 404(a) of Regulation S-K.

A copy of the press release announcing Mr. Stewart’s appointment is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

In connection with Mr. Stewart’s appointment, Jordan D. Space, who served as Chief Operating Officer from January 12, 2024 through January 5, 2026, will continue to serve as President of the Private Bank and be responsible for managing MPB Financial Services, LLC and its two nonbank subsidiaries – MPB Risk Services, LLC and Cumberland Advisors, LLC.

ITEM 9.01    Financial Statements and Exhibits

(d)Exhibits.

99.1			Press Release issued January 8, 2026
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						MID PENN BANCORP, INC. (Registrant)
Date: January 8, 2026			By:			/s/ Rory G. Ritrievi
						Rory G. Ritrievi
						Chair, President and Chief Executive Officer

FAQ

What executive leadership change did Mid Penn Bancorp (MPB) report?

Mid Penn Bancorp reported that its bank subsidiary appointed Dana R. Stewart as First Executive Vice President and Chief Operating Officer of Mid Penn Bank, effective January 5, 2026.

What is the background of Dana R. Stewart, the new COO at Mid Penn Bank?

Dana R. Stewart has over 35 years of financial services experience and previously served as Senior Vice President and Director of the Project Management Office at First National Bank from 2015 to 2025, and as Managing Director at BNY Mellon from 2007 to 2014.

What compensation will Dana R. Stewart receive from Mid Penn Bank?

Dana R. Stewart will receive an annual base salary of $310,000, a change in control agreement with a severance benefit equal to 2.25 times his annual base salary, and eligibility to participate in Mid Penn Bank’s incentive, retirement, and benefit plans for similarly situated employees.

Does Mid Penn Bancorp (MPB) report any related-party relationships for Dana R. Stewart?

The company states there are no family relationships between Dana R. Stewart and any director, executive officer, or nominee, and that no disclosure is required for him under Item 404(a) of Regulation S-K.

What role will former COO Jordan D. Space hold at Mid Penn Bancorp (MPB)?

Jordan D. Space, who served as Chief Operating Officer from January 12, 2024 through January 5, 2026, will continue as President of the Private Bank and manage MPB Financial Services, LLC and its nonbank subsidiaries MPB Risk Services, LLC and Cumberland Advisors, LLC.

Did Mid Penn Bancorp (MPB) issue a press release about the COO appointment?

Yes. A press release announcing Dana R. Stewart’s appointment is attached as Exhibit 99.1 and is incorporated by reference.