Mid Penn Bancorp (MPB) Form 4: Restricted Grant and Insider Purchase

Rhea-AI Filing Summary

Theodore W. Mowery, a director of Mid Penn Bancorp Inc. (MPB), reported transactions on Form 4 showing a purchase and other holdings. On 09/30/2025 he acquired 70 shares of Mid Penn Bancorp common stock at $28.64 per share through the Director Stock Purchase Plan. The filing shows a reported beneficial ownership balance of 39,694.164 shares (which includes shares from the Dividend Reinvestment Plan) and an indirect IRA holding of 22,121.327 shares. The filing also notes 1,945 restricted shares granted that vest 100% on the first anniversary of the grant date. The form is signed 10/01/2025.

Positive

• Director acquired 70 shares at $28.64 through the Director Stock Purchase Plan, increasing direct ownership
• Restricted stock grant of 1,945 shares that vests 100% on the first anniversary, aligning director incentives with shareholders
• Filing discloses dividend reinvestment and IRA holdings, providing transparent detail of indirect beneficial ownership

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchased shares modestly increasing insider holdings; no material change to capital structure.

The reported acquisition of 70 shares at $28.64 is a small, straightforward open-market or plan purchase by a director and increases his direct stake. The filing discloses combined beneficial and indirect holdings across direct ownership, an IRA, and dividend reinvestment, totaling the reported balances. The grant of 1,945 restricted shares with 100% vesting after one year is a compensation event but appears routine. Overall, these disclosures are standard Section 16 reporting items with limited immediate financial impact on the company.

Corporate Governance Expert

TL;DR: Filing shows routine insider activity and a restricted stock grant with one-year vesting; governance signals are neutral.

Theodore Mowery is identified as a director and filed individually. The purchase via the Director Stock Purchase Plan and the restricted stock grant are consistent with typical director compensation and share ownership policies. The filing includes specifics on indirect holdings (IRA and spouse) and dividend reinvestment, which improves transparency. There are no atypical transactions, amendments, or indications of material governance concerns in this Form 4.

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
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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).

1. Name and Address of Reporting Person^*

MOWERY THEODORE W

(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)
09/30/2025

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	09/30/2025		P		70(1)	A	$28.64	39,694.164(2)	D
Mid Penn Bancorp, Inc. Common Stock								22,121.327(2)	I	IRA
Mid Penn Bancorp, Inc. Common Stock								250	I	By spouse
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/ Theodore W. Mowery	10/01/2025
	** 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

What did MPB director Theodore W. Mowery report on Form 4?

He reported acquiring 70 shares of Mid Penn Bancorp common stock at $28.64 on 09/30/2025, plus existing holdings and a restricted stock grant.

How many shares does Theodore W. Mowery beneficially own after the reported transaction?

The filing reports a beneficial ownership balance of 39,694.164 shares, which the filing states includes shares from the Dividend Reinvestment Plan.

What indirect holdings does the Form 4 disclose for Theodore W. Mowery?

The form discloses an indirect IRA holding of 22,121.327 shares and 250 shares held indirectly by spouse (noted as 'By spouse').

What are the terms of the restricted stock grant reported?

The filing shows 1,945 restricted shares granted, which the filer states vest 100% on the first anniversary of the grant date.

When was the Form 4 signed and filed?

The signature on the filing is dated 10/01/2025 and the earliest transaction date reported is 09/30/2025.