Mid Penn Bancorp (MPB) Director Adds to Stake in Modest $8k Purchase

Rhea-AI Filing Summary

Mid Penn Bancorp, Inc. (MPB) – Form 4 insider trading disclosure

Director Matthew G. De Soto reported an open-market purchase (Code “P”) of 283 common shares on 06/30/2025 at $28.20 per share, for an outlay of roughly $8 k. After the transaction he directly owns 112,353.59 shares and indirectly controls 3,327 shares (PUTMA for children) and 78 shares (L T D Investments), plus 1,945 restricted shares that vest one year from grant date. No derivative transactions were reported. The filing signals incremental insider confidence but the purchase represents a very small addition (≈0.25% of his direct holdings).

Positive

• Open-market insider purchase indicates continued confidence from a sitting director.
• No insider sales or derivative disposals were reported in the filing.

Negative

• Purchase size is immaterial—only 283 shares (~$8 k) relative to existing 112 k-share position, limiting signaling value.

Insights

Financial Analyst

TL;DR – Small director buy; modest vote of confidence, immaterial to MPB valuation.

The 283-share purchase increases De Soto’s direct stake by less than 1% and totals under $10 k, suggesting this is routine accumulation rather than a strong conviction trade. His overall ownership remains sizable at 112 k shares, so alignment with shareholders is unchanged. Insider purchases are generally viewed positively, but the scale here is unlikely to influence institutional sentiment or liquidity. No sales or derivative exercises were disclosed, limiting negative read-through. Impact for investors: neutral-to-slightly positive.

SEC Form 4

FORM 4

UNITED 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^*

De Soto Matthew G

(Last) (First) (Middle)

2407 PARK DRIVE

(Street)

HARRISBURG PA 17110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MID PENN BANCORP INC [ MPB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Mid Penn Bancorp, Inc. Common Stock	06/30/2025		P		283(1)	A	$28.2	112,353.59(2)	D
Mid Penn Bancorp, Inc. Common Stock								3,327	I	By PUTMA for Children
Mid Penn Bancorp, Inc. Common Stock								78	I	By L T D Investments
Mid Penn Bancorp, Inc. Common Restricted Stock								1,945(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares purchased through the Director Stock Purchase Plan.

2. Balance includes shares acquired through the Dividend Reinvestment Plan.

3. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.

Remarks:

	/s/ Matthew G. DeSoto	07/02/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many MPB shares did Director Matthew G. De Soto buy?

He bought 283 common shares on 06/30/2025.

At what price were the MPB shares purchased?

The reported purchase price was $28.20 per share.

What is De Soto's total MPB ownership after the transaction?

He directly owns 112,353.59 shares and indirectly controls 3,405 shares (combined), plus 1,945 restricted shares.

Were any MPB shares sold by the insider?

No. The Form 4 lists only an acquisition; no sales were disclosed.

Does the filing include derivative transactions?

No derivative securities were acquired or disposed of in this Form 4.

Why is insider buying considered positive for investors?

Open-market purchases can signal insider confidence in the company’s prospects and help align management with shareholders.