[Form 4] MID PENN BANCORP INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mid Penn Bancorp director Robert A. Abel reported a small open-market purchase of common stock. He bought 15 shares of Mid Penn Bancorp, Inc. common stock at $34.84 per share through the Director Stock Purchase Plan. After this transaction, he directly holds 9,761.545 common shares and 1,700 shares of restricted stock, and indirectly holds 27,520.122 common shares through the Robert and Julie Abel Living Trust, with some shares noted as acquired via the Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15 shares ($523)
Net Buy
3 txns
Insider
Abel Robert A
Role
null
Bought
15 shs ($522.60)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 15 | $34.84 | $522.60 |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 9,761.545 shares (Direct, null);
Mid Penn Bancorp, Inc. Common Stock — 27,520.122 shares (Indirect, By Robert and Julie Abel Living Trust);
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct, null)
Footnotes (1)
- Shares purchased through the Director Stock Purchase Plan. Balance includes shares acquired through the Dividend Reinvestment Plan. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
Key Figures
Shares purchased: 15 shares
Purchase price: $34.84 per share
Direct common shares after transaction: 9,761.545 shares
+3 more
6 metrics
Shares purchased
15 shares
Open-market purchase through Director Stock Purchase Plan
Purchase price
$34.84 per share
Price for 15 common shares bought
Direct common shares after transaction
9,761.545 shares
Direct ownership following purchase
Restricted stock holdings
1,700 shares
Restricted stock vesting 100% on first anniversary of grant
Indirect common shares via trust
27,520.122 shares
Held by Robert and Julie Abel Living Trust
Net buy shares
15 shares
Net buy direction for this Form 4
Key Terms
Director Stock Purchase Plan, Dividend Reinvestment Plan, restricted stock
3 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.
