Mid Penn director buys 72 shares in stock plan
Mid Penn Bancorp director Kimberly J. Brumbaugh bought additional company stock in an open-market purchase.
Rhea-AI Filing Summary
Mid Penn Bancorp director Kimberly J. Brumbaugh bought additional company stock in an open-market purchase. On June 30, 2026, she acquired 72 shares of Mid Penn Bancorp, Inc. common stock at $34.84 per share, with the transaction described as a purchase in the open market.
After this trade, her directly held common stock position reported in this line increased to 12,658.959 shares. She also reports 1,700 shares of Mid Penn Bancorp, Inc. common restricted stock and 1,148.817 shares of common stock held indirectly through an IRA. A footnote states the shares were purchased through the Director Stock Purchase Plan, and balances include shares acquired through the Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 72 shares
Net Buy
3 txns
Insider
Brumbaugh Kimberly J
Role
Director
Bought
72 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 72 | $34.84 | $3K |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 12,658.959 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 1,148.817 shares (Indirect, IRA);
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct)
Footnotes (3)
- F1. Shares purchased through the Director Stock Purchase Plan.
- F2. Balance includes shares acquired through the Dividend Reinvestment Plan.
- F3. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
Key Figures
Shares purchased: 72 shares
Purchase price: $34.84 per share
Direct common shares after trade: 12,658.959 shares
+2 more
5 metrics
Shares purchased
72 shares
Open-market purchase on June 30, 2026
Purchase price
$34.84 per share
Mid Penn Bancorp common stock
Direct common shares after trade
12,658.959 shares
Common stock directly held following purchase
Restricted stock holdings
1,700 shares
Common restricted stock vesting 100% after one year
Indirect IRA holdings
1,148.817 shares
Common stock held indirectly through IRA
Key Terms
Director Stock Purchase Plan, Dividend Reinvestment Plan, restricted stock, open-market purchase
4 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.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mid Penn Bancorp (MPB) report for Kimberly J. Brumbaugh?
Kimberly J. Brumbaugh reported buying 72 shares of Mid Penn Bancorp common stock in an open-market purchase. The transaction took place on June 30, 2026, under the company’s Director Stock Purchase Plan.
What restricted stock does Kimberly J. Brumbaugh report in Mid Penn Bancorp (MPB)?
She reports 1,700 shares of Mid Penn Bancorp common restricted stock. A footnote explains these shares were granted as restricted stock and vest 100% on the first anniversary of the grant date.
What indirect Mid Penn Bancorp (MPB) holdings does Kimberly J. Brumbaugh report?
She reports 1,148.817 shares of Mid Penn Bancorp common stock held indirectly through an IRA. This is in addition to her directly held common shares and separately reported restricted stock grant.
What plans are referenced in Kimberly J. Brumbaugh’s Mid Penn Bancorp (MPB) Form 4?
The filing notes shares were purchased through the Director Stock Purchase Plan and that balances include shares acquired via the Dividend Reinvestment Plan. It also describes a restricted stock grant that vests fully one year after the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
