Mid Penn Bancorp (MPB) director adds to stock holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mid Penn Bancorp director Matthew G. De Soto made an open-market purchase of 311 shares of Mid Penn Bancorp, Inc. common stock at $32.16 per share on March 31, 2026, through the Director Stock Purchase Plan. Following this transaction, his directly held common stock position increased to 115,226.002 shares.
He also has indirect common stock holdings of 4,299 shares held "By PUTMA for Children" and 78 shares held "By L T D Investments." In addition, he holds 1,945 shares of Mid Penn Bancorp, Inc. common restricted stock, which were granted as restricted stock and vest 100% on the first anniversary of the grant date. Some balances include shares acquired through the Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 311 shares ($10,002)
Net Buy
4 txns
Insider
De Soto Matthew G
Role
Director
Bought
311 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 311 | $32.16 | $10K |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 115,226.002 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 4,299 shares (Indirect, By PUTMA for Children);
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,945 shares (Direct)
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
Open-market shares purchased: 311 shares
Purchase price: $32.16 per share
Direct common shares after transaction: 115,226.002 shares
+3 more
6 metrics
Open-market shares purchased
311 shares
Mid Penn Bancorp common stock bought March 31, 2026
Purchase price
$32.16 per share
Price for 311-share open-market buy
Direct common shares after transaction
115,226.002 shares
Direct holdings following March 31, 2026 purchase
Indirect PUTMA holdings
4,299 shares
Common stock held indirectly By PUTMA for Children
Indirect LTD Investments holdings
78 shares
Common stock held indirectly By L T D Investments
Restricted stock holdings
1,945 shares
Common restricted stock vesting 100% one year after grant
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.
FAQ
What insider transaction did MPB director Matthew G. De Soto report?
Director Matthew G. De Soto reported buying 311 shares of Mid Penn Bancorp, Inc. common stock at $32.16 per share. The purchase occurred on March 31, 2026, and was made through the company’s Director Stock Purchase Plan, increasing his directly held position.
What restricted stock holdings does the MPB director report?
Matthew G. De Soto holds 1,945 shares of Mid Penn Bancorp, Inc. common restricted stock. According to the disclosure, these shares were granted as restricted stock and vest 100% on the first anniversary of the grant date, subject to the plan’s conditions.