Mid Penn Bancorp (MPB) CIO awarded 2,502 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mid Penn Bancorp CIO & CTO John Paul Livingston received 2,502 shares of restricted common stock as a compensation grant. The shares were granted at no cash cost and will vest ratably over three years. Following the award, he directly holds 3,452 shares of restricted stock and 2,668.049 shares of common stock, including shares acquired through the Employee Stock Purchase Plan, the Dividend Reinvestment Plan, and restricted stock that vested on 4/1/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Livingston John Paul
Role
CIO & CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Mid Penn Bancorp, Inc. Common Restricted Stock | 2,502 | $0.00 | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Restricted Stock — 3,452 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 2,668.049 shares (Direct)
Footnotes (1)
- Shares granted in the form of restricted stock which vest ratably over three 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.
Key Figures
Restricted stock grant: 2,502 shares
Restricted shares held after grant: 3,452 shares
Common shares held after update: 2,668.049 shares
3 metrics
Restricted stock grant
2,502 shares
Awarded to CIO & CTO on April 1, 2026
Restricted shares held after grant
3,452 shares
Direct restricted stock holdings following the transaction
Common shares held after update
2,668.049 shares
Direct common stock holdings including ESPP, DRIP, and vested restricted stock
Key Terms
restricted stock, Employee Stock Purchase Plan, Dividend Reinvestment Plan, vest ratably over three years
4 terms
restricted stock financial
"Shares granted in the form of restricted stock which vest ratably over three years."
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.
Employee Stock Purchase Plan financial
"Balance includes shares acquired through the Employee Stock Purchase Plan and the Dividend Reinvestment Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through the Employee Stock Purchase Plan and 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.
vest ratably over three years financial
"Shares granted in the form of restricted stock which vest ratably over three years."
FAQ
What insider transaction did MID PENN BANCORP INC (MPB) report for John Paul Livingston?
John Paul Livingston, CIO & CTO of Mid Penn Bancorp, received 2,502 shares of restricted common stock. The shares were granted at no cash cost as equity compensation and will vest over time according to the grant’s vesting schedule.