[Form 4] MID PENN BANCORP INC Insider Trading Activity
Rhea-AI Filing Summary
Mid Penn Bancorp, Inc. Chief Financial Officer Justin T. Webb received a grant of 5,811 shares of restricted common stock on April 1, 2026. The award was granted at $0.00 per share as compensation and is scheduled to vest ratably over four years.
Following this grant, Webb holds 9,824 shares of restricted stock. Separate holding entries show 16,875.78 shares of common stock held directly and 3,750 shares held indirectly through an IRA, with balances that include shares acquired through the Employee Stock Purchase Plan, the Dividend Reinvestment Plan, and restricted stock that vested on April 1, 2026.
Positive
- None.
Negative
- None.
Insights
CFO receives routine four-year restricted stock grant as equity compensation.
The filing shows Justin T. Webb, Chief Financial Officer of Mid Penn Bancorp, Inc., was awarded 5,811 shares of restricted common stock at $0.00 per share. The grant vests ratably over four years, indicating a standard, time-based equity compensation structure rather than a market transaction.
The award raises his restricted stock holdings to 9,824 shares, alongside 16,875.78 common shares held directly and 3,750 held indirectly through an IRA. Because this is a compensation grant and not an open-market purchase or sale, its informational value for share-price expectations is limited, and it appears consistent with ongoing long-term incentive practices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Mid Penn Bancorp, Inc. Common Restricted Stock | 5,811 | $0.00 | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
Footnotes (1)
- Shares granted in the form of restricted stock which vest ratably over four years. Shares granted in the form of restricted stock, which vest according to the terms of each respective grant. Balance includes shares acquired through the Employee Stock Purchase Plan and the Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.