Mid Penn Bancorp director reports purchase and restricted stock grant on Form 4

Rhea-AI Filing Summary

Kimberly J. Brumbaugh, a director of Mid Penn Bancorp, Inc. (MPB), reported transactions on 09/30/2025. She purchased 88 shares of Mid Penn Bancorp common stock at $28.64 per share through the Director Stock Purchase Plan and continues to hold a total reported beneficial ownership of 10,260.069 shares following the transaction (the balance includes shares acquired via the Dividend Reinvestment Plan). Separately, 1,123.0004 shares are reported as indirectly held in an IRA. The filing also shows 1,945 shares of restricted stock were granted, which vest 100% on the first anniversary of the grant date.

Positive

• Director purchased shares (88 shares at $28.64) through the Director Stock Purchase Plan, indicating continued personal investment in MPB
• Beneficial ownership reporting includes DRIP, with a post-transaction total of 10,260.069 shares, showing ongoing accumulation
• Restricted stock grant of 1,945 shares vests 100% on the first anniversary, aligning the director’s incentives with the company over time
• Indirect IRA holding disclosed (1,123.0004 shares), providing additional transparency on ownership

Negative

• None.

Insights

Securities Analyst

TL;DR: Director purchased a small number of shares and received restricted stock; transaction appears routine and not materially transformative.

The reported acquisition of 88 shares at $28.64 via the Director Stock Purchase Plan is a routine insider purchase and indicates continued equity participation by management. The beneficial ownership total of 10,260.069 shares (including DRIP shares) and an indirect IRA holding of 1,123.0004 shares are consistent with long-term ownership rather than a market-moving event. The grant of 1,945 restricted shares with 100% vesting after one year is a standard retention mechanism and should be assessed relative to total outstanding shares to judge materiality (that information is not provided in this filing).

Corporate Governance Expert

TL;DR: Governance signals are routine: director participation in purchase plan and time-based restricted stock grant for retention.

Participation in the Director Stock Purchase Plan and use of a Dividend Reinvestment Plan suggest alignment between the director and shareholder interests. The restricted stock grant that vests fully after one year is a common retention tool and aligns incentives over a defined period. There are no departures, option exercises, or dispositions reported that would trigger governance concern in this filing.

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).

1. Name and Address of Reporting Person^*

Brumbaugh Kimberly J

(Last) (First) (Middle)

2407 PARK DRIVE

(Street)

HARRISBURG PA 17110

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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

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

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

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	09/30/2025		P		88(1)	A	$28.64	10,260.069(2)	D
Mid Penn Bancorp, Inc. Common Stock								1,123.0004(2)	I	IRA
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/ Kimberly J. Brumbaugh	10/01/2025
	** 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.

FAQ

What transaction did Kimberly J. Brumbaugh report for MPB on 09/30/2025?

She reported purchasing 88 shares of Mid Penn Bancorp common stock at $28.64 per share via the Director Stock Purchase Plan on 09/30/2025.

How many MPB shares does Kimberly J. Brumbaugh beneficially own after the reported transaction?

The filing reports a post-transaction beneficial ownership total of 10,260.069 shares, which includes shares acquired through the Dividend Reinvestment Plan.

Does the Form 4 show any indirect holdings for Kimberly J. Brumbaugh?

Yes. The filing discloses 1,123.0004 shares held indirectly in an IRA.

Was any restricted stock awarded to Kimberly J. Brumbaugh in this filing?

Yes. The filing shows 1,945 shares of restricted stock granted, which vest 100% on the first anniversary of the grant date.

Was the reported share purchase part of an automated plan?

The purchase of 88 shares was made through the Director Stock Purchase Plan; the filing also notes participation in a Dividend Reinvestment Plan.