Mid Penn director buys 287 MPB shares in open market
Mid Penn Bancorp director Albert J. Evans bought additional company stock in the open market.
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Form Type
4
Rhea-AI Filing Summary
Mid Penn Bancorp director Albert J. Evans bought additional company stock in the open market. On 2026-06-30, he purchased 287 shares of Mid Penn Bancorp, Inc. common stock at $34.84 per share, with the purchase made through the Director Stock Purchase Plan.
After this transaction, Evans directly held 41,861.555 shares of common stock, plus 1,700 shares of restricted stock that vest 100% on the first anniversary of the grant date. He also indirectly held 1,280.285 shares of common stock through a 401(k) plan. Some of his balance reflects shares acquired through the Dividend Reinvestment Plan.
Insider Trade Summary
Net Buyer: 287 shares
Net Buy
3 txns
Insider
Evans Albert J.
Role
Director
Bought
287 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 287 | $34.84 | $10K |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 41,861.555 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 1,280.285 shares (Indirect, By 401(k));
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct)
Footnotes (3)
- F1. Shares purchased through the Director Stock Purchase Plan.
- F2. Balance includes shares acquired through the Dividend Reinvestment Plan.
- F3. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
Key Figures
Open-market purchase: 287 shares
Purchase price: $34.84/share
Direct common shares after: 41,861.555 shares
+3 more
6 metrics
Open-market purchase
287 shares
Common stock bought on 2026-06-30
Purchase price
$34.84/share
Open-market purchase on 2026-06-30
Direct common shares after
41,861.555 shares
Direct ownership following transaction
Restricted stock grant
1,700 shares
Vests 100% on first anniversary of grant
Indirect 401(k) holdings
1,280.285 shares
Common stock held via 401(k) plan
Net insider activity
287-share net buy
transactionSummary net-buy direction
Key Terms
Director Stock Purchase Plan, Dividend Reinvestment Plan, restricted stock, 401(k)
4 terms
Director Stock Purchase Plan financial
"Shares purchased through the Director Stock Purchase Plan."
A director stock purchase plan lets members of a company's board buy the company’s shares, often through scheduled contributions or discounted purchases approved by the board. For investors, it acts like a vote of confidence—when people who oversee the company put their own money in, it suggests they believe in the business—while also affecting share counts and ownership balance, which can influence stock value and corporate control.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through the Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
restricted stock financial
"Shares granted in the form of restricted stock, which vests 100% on the first anniversary"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
401(k) financial
"Mid Penn Bancorp, Inc. Common Stock ... nature_of_ownership: By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mid Penn Bancorp (MPB) director Albert J. Evans do in this Form 4 filing?
Director Albert J. Evans purchased additional Mid Penn Bancorp common stock. He reported buying 287 shares at $34.84 per share on 2026-06-30, increasing his direct ownership, as disclosed in this Form 4 insider transaction filing.
What are Albert J. Evans’ Mid Penn Bancorp (MPB) holdings after this transaction?
After the transaction, Evans directly held 41,861.555 common shares and 1,700 restricted shares of Mid Penn Bancorp. He also indirectly held 1,280.285 common shares through a 401(k), according to the reported post-transaction balances.
What does the restricted stock grant mean in Albert J. Evans’ Mid Penn Bancorp (MPB) filing?
Evans holds 1,700 shares of restricted Mid Penn Bancorp stock. The filing explains these shares were granted in restricted form and will vest 100% on the first anniversary of the grant date, subject to the vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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