Mid Penn Bancorp director Gregory Braca reports zero holdings
MID PENN BANCORP INC (MPB) filed an initial statement of beneficial ownership on Form 3 for Gregory Braca, who is identified as a director of the company.
Rhea-AI Filing Summary
MID PENN BANCORP INC (MPB) filed an initial statement of beneficial ownership on Form 3 for Gregory Braca, who is identified as a director of the company. The filing reports no transactions and does not list any specific holdings of MID PENN BANCORP INC securities at this time.
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Key Terms
Form 3, beneficial ownership, Power of Attorney
3 terms
Form 3 regulatory
"filed an initial statement of beneficial ownership on Form 3 for Gregory"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"filed an initial statement of beneficial ownership on Form 3 for Gregory"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Power of Attorney regulatory
"The remarks section notes an Exhibit List - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the reporting person in MID PENN BANCORP INC (MPB)'s latest Form 3?
The reporting person is Gregory Braca, who is identified in the Form 3 as a director of MID PENN BANCORP INC.
What does the Form 3 for MPB disclose about Gregory Braca's role?
The Form 3 discloses that Gregory Braca serves as a director of MID PENN BANCORP INC, with no officer position or ten percent owner status indicated.
Does Gregory Braca report any transactions in MID PENN BANCORP INC (MPB) on this Form 3?
No. The Form 3 shows no reported transactions in MID PENN BANCORP INC securities for Gregory Braca, with zero buys, sells, or other transaction types listed.
Does the MPB Form 3 mention a Rule 10b5-1 trading plan for Gregory Braca?
No. The document-level indicator for a Rule 10b5-1 plan is not set, and there are no transaction footnotes describing trading under such a plan.
What is referenced in the remarks section of MPB's Form 3 for Gregory Braca?
The remarks section notes an Exhibit List - Power of Attorney, indicating that a power of attorney document is associated with this Form 3 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.