STOCK TITAN

Mid Penn Bancorp (MPB) director awarded 1,700 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mid Penn Bancorp, Inc. director Brian Arden Hudson Sr. received a grant of 1,700 shares of restricted common stock as a compensation award. The shares were granted at $0.00 per share and will vest 100% on the first anniversary of the grant date.

After this grant and the vesting of prior awards, he directly holds 9,064.738 shares of Mid Penn Bancorp common stock, including shares acquired through the company’s Dividend Reinvestment Plan and restricted stock that vested on 4/1/2026. The filing shows no open-market purchases or sales.

Positive

  • None.

Negative

  • None.
Insider Hudson Brian Arden Sr.
Role Director
Type Security Shares Price Value
Grant/Award Mid Penn Bancorp, Inc. Common Restricted Stock 1,700 $0.00 --
holding Mid Penn Bancorp, Inc. Common Stock -- -- --
Holdings After Transaction: Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 9,064.738 shares (Direct)
Footnotes (1)
  1. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
Restricted stock grant 1,700 shares Granted on 4/1/2026 at $0.00 per share
Post-transaction common stock holdings 9,064.738 shares Direct Mid Penn Bancorp common stock after reported activity
Vesting schedule 100% after 1 year Restricted stock vests on first anniversary of grant date
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.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock"
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.
vests 100% financial
"restricted stock, which vests 100% on the first anniversary of the date of grant"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hudson Brian Arden Sr.

(Last)(First)(Middle)
2407 PARK DRIVE

(Street)
HARRISBURG PENNSYLVANIA 17110

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MID PENN BANCORP INC [ MPB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Mid Penn Bancorp, Inc. Common Restricted Stock04/01/2026A1,700A$01,700(1)D
Mid Penn Bancorp, Inc. Common Stock9,064.738(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
2. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
Remarks:
/s/ Brian A. Hudson, Sr.04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did the Mid Penn Bancorp (MPB) director receive in this Form 4 filing?

The director received 1,700 shares of Mid Penn Bancorp restricted common stock as a grant at $0.00 per share. This is a compensation award, not an open-market purchase, and increases his direct equity stake in the company.

How do the new restricted shares for MPB’s director vest?

The 1,700 restricted shares vest 100% on the first anniversary of the grant date. This means the director must remain eligible through that date before the shares are fully his, aligning compensation with continued board service over the year.

How many Mid Penn Bancorp (MPB) shares does the director hold after the transactions?

After the reported grant and vesting activity, the director holds 9,064.738 shares of Mid Penn Bancorp common stock directly. This total includes shares from the Dividend Reinvestment Plan and earlier restricted stock that vested on 4/1/2026.

Does this Mid Penn Bancorp Form 4 show any stock sales by the director?

The Form 4 does not report any stock sales by the director. It records a grant of 1,700 restricted shares and an updated direct holding balance, reflecting ownership changes from awards and dividend reinvestment instead of open-market selling.

Is the MPB director’s 1,700-share award an open-market stock purchase?

No, the 1,700 shares are a restricted stock grant recorded with code A for an award or other acquisition. The shares were issued at $0.00 per share as part of compensation rather than being bought on the open market by the director.

What is the role of the Dividend Reinvestment Plan in the director’s MPB holdings?

The director’s 9,064.738-share balance includes stock accumulated through Mid Penn Bancorp’s Dividend Reinvestment Plan. Under this plan, cash dividends are automatically used to buy additional shares, gradually increasing ownership without separate purchase transactions.