Director adds Mid Penn Bancorp (MPB) shares via stock purchase plan

Rhea-AI Filing Summary

Mid Penn Bancorp director Frank L. Joel reported a small open-market purchase of 78 shares of common stock at $32.16 per share. The shares were purchased on March 31, 2026 through the Director Stock Purchase Plan. After this transaction, he directly owns 9,408.499 common shares, including shares acquired through the Dividend Reinvestment Plan, plus 1,945 shares of restricted stock that vest 100% on the first anniversary of the grant date.

Insider Trade Summary

Net Buyer: 78 shares ($2,508)

Net Buy 2 txns

Insider Frank Joel L.

Role Director

Bought 78 shs ($3K)

Type	Security	Shares	Price	Value
Purchase	Mid Penn Bancorp, Inc. Common Stock	78	$32.16	$3K
holding	Mid Penn Bancorp, Inc. Common Restricted Stock	--	--	--

Holdings After Transaction: Mid Penn Bancorp, Inc. Common Stock — 9,408.499 shares (Direct); Mid Penn Bancorp, Inc. Common Restricted Stock — 1,945 shares (Direct)

Footnotes (1)

1. Shares purchased through the Director Stock Purchase Plan. 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.

Key Figures

Shares purchased: 78 shares Purchase price: $32.16 per share Common shares held after: 9,408.499 shares +1 more

4 metrics

Shares purchased 78 shares Open-market purchase on March 31, 2026

Purchase price $32.16 per share Director Stock Purchase Plan transaction

Common shares held after 9,408.499 shares Direct ownership after reported transaction

Restricted stock held 1,945 shares Vests 100% on first anniversary of grant date

Key Terms

Director Stock Purchase Plan, Dividend Reinvestment Plan, restricted stock

3 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.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Frank Joel L.

(Last) (First) (Middle)

2407 PARK DRIVE

(Street)

HARRISBURG PENNSYLVANIA 17110

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/31/2026		P		78(1)	A	$32.16	9,408.499(2)	D
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/ Joel L. Frank	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Frank L. Joel report for MPB?

Director Frank L. Joel reported buying 78 shares of Mid Penn Bancorp common stock. The purchase occurred on March 31, 2026 at $32.16 per share through the Director Stock Purchase Plan, indicating a modest increase in his direct ownership stake.

How many Mid Penn Bancorp (MPB) shares does the director hold after this Form 4?

Following the reported transaction, Frank L. Joel directly holds 9,408.499 Mid Penn Bancorp common shares. He also has 1,945 shares of restricted stock that vest 100% on the first anniversary of the grant date, as disclosed in the Form 4 footnotes.

At what price were the new MPB shares acquired in this Form 4?

The newly acquired 78 Mid Penn Bancorp common shares were purchased at $32.16 per share. The filing notes that this transaction was executed through the Director Stock Purchase Plan, reflecting an open-market style purchase under that program rather than a stock grant.

What does the Dividend Reinvestment Plan disclosure mean for MPB director holdings?

The Form 4 notes that the reported balance of 9,408.499 common shares includes stock acquired through the Dividend Reinvestment Plan. This means some of Frank L. Joel’s holdings have accumulated automatically as cash dividends were reinvested into additional Mid Penn Bancorp shares.

How are restricted stock awards for MPB’s director structured in this filing?

The filing discloses 1,945 shares of Mid Penn Bancorp restricted stock held directly. These restricted shares vest 100% on the first anniversary of the grant date, meaning they become fully transferable and no longer subject to forfeiture conditions after one year.