Mid Penn Bancorp (NASDAQ: MPB) director buys 2590 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mid Penn Bancorp director Matthew G. De Soto made several open-market purchases of Mid Penn Bancorp, Inc. common stock on March 12, 2026, buying a total of 2590 shares at prices around $30.79 to $30.91 per share.
After these transactions, he directly owns 114,915.002 common shares and 1,945 shares of restricted stock, and indirectly holds 4,299 shares through a PUTMA for Children and 78 shares through L T D Investments. The balance of direct holdings includes shares acquired through the Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,590 shares ($79,931)
Net Buy
8 txns
Insider
De Soto Matthew G
Role
Director
Bought
2,590 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 500 | $30.91 | $15K |
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 500 | $30.825 | $15K |
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 500 | $30.8897 | $15K |
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 118 | $30.795 | $4K |
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 600 | $30.835 | $19K |
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 372 | $30.87 | $11K |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 113,797.002 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 3,927 shares (Indirect, By PUTMA for Children);
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,945 shares (Direct)
Footnotes (1)
- 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.
FAQ
What insider transactions did MPB director Matthew G. De Soto report?
Director Matthew G. De Soto reported multiple open-market purchases of Mid Penn Bancorp common stock on March 12, 2026, totaling 2590 shares. These trades were coded as open-market purchases, indicating he actively bought shares rather than receiving them as compensation or through option exercises.
Were any of Matthew G. De Soto’s MPB holdings acquired through a dividend reinvestment plan?
Yes. A footnote explains that De Soto’s direct common stock balance includes shares acquired through the company’s Dividend Reinvestment Plan. This means some of his holdings came from automatically reinvesting cash dividends into additional Mid Penn Bancorp shares.
What restricted stock holdings does Matthew G. De Soto have in MPB?
De Soto holds 1,945 shares of Mid Penn Bancorp common restricted stock. A footnote states these were granted as restricted stock that vests 100% on the first anniversary of the grant date, subject to standard vesting conditions.
How are Matthew G. De Soto’s indirect MPB holdings structured?
De Soto’s indirect Mid Penn Bancorp holdings include 4,299 shares held "By PUTMA for Children" and 78 shares held "By L T D Investments." These entries are reported as indirect ownership, reflecting shares held through related accounts or entities.