STOCK TITAN

Mid Penn Bancorp (MPB) director granted 1,700 restricted shares of common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mid Penn Bancorp director Maureen M. Gathagan received 1,700 shares of restricted common stock as a grant on April 1, 2026, at no cash cost. The restricted shares vest 100% on the first anniversary of the grant date. Following this award, she directly holds 1,700 shares of restricted stock. Her direct common stock holdings total 13,574.039 shares, including shares acquired through the Dividend Reinvestment Plan and restricted stock that vested on April 1, 2026.

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Insider Gathagan Maureen M.
Role Director
Type Security Shares Price Value
Grant/Award Mid Penn Bancorp, Inc. Common Restricted Stock 1,700 $0.00 --
holding Mid Penn Bancorp, Inc. Common Stock -- -- --
Holdings After Transaction: Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 13,574.039 shares (Direct)
Footnotes (1)
  1. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
Restricted stock grant 1,700 shares Restricted common stock awarded on April 1, 2026
Restricted shares after grant 1,700 shares Total restricted stock directly held following the award
Common shares held 13,574.039 shares Direct common stock holdings after transactions, including DRIP and vested restricted stock
Vesting schedule 100% at first anniversary Restricted stock vests one year after grant date
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.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock"
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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED 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*
Gathagan Maureen M.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Mid Penn Bancorp, Inc. Common Restricted Stock04/01/2026A1,700A$01,700(1)D
Mid Penn Bancorp, Inc. Common Stock13,574.039(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
2. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
Remarks:
/s/ Maureen M. Gathagan04/03/2026
** Signature of Reporting PersonDate
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 did MID PENN BANCORP (MPB) disclose about Maureen Gathagan in this Form 4?

MID PENN BANCORP reported that director Maureen M. Gathagan received a grant of 1,700 shares of restricted common stock. These shares were awarded at no cash cost and represent equity-based compensation, not an open-market purchase or sale of MPB stock.

How many restricted shares of MPB stock did Maureen Gathagan receive?

Maureen M. Gathagan received 1,700 shares of Mid Penn Bancorp, Inc. restricted common stock. The award is structured as restricted stock that vests over time, aligning her compensation with the company’s long-term performance rather than representing immediate cash compensation.

When do Maureen Gathagan’s restricted MPB shares vest?

The 1,700 restricted shares granted to Maureen M. Gathagan vest 100% on the first anniversary of the grant date. This means the entire award becomes fully vested one year after April 1, 2026, assuming the vesting conditions are satisfied according to the grant terms.

How many MPB common shares does Maureen Gathagan hold after this grant?

After the reported transactions, Maureen M. Gathagan directly holds 13,574.039 shares of Mid Penn Bancorp common stock. This balance includes shares acquired through the Dividend Reinvestment Plan and shares of restricted stock that vested on April 1, 2026, as noted in the footnotes.

Is Maureen Gathagan’s Form 4 transaction a market purchase or sale of MPB stock?

The Form 4 shows a grant of 1,700 restricted shares to Maureen M. Gathagan, not a market trade. The transaction is coded as an award acquisition, meaning she received stock-based compensation rather than buying or selling shares in the open market.

What does the Dividend Reinvestment Plan reference mean for Maureen Gathagan’s MPB holdings?

The filing notes that Maureen M. Gathagan’s share balance includes stock acquired through a Dividend Reinvestment Plan. This means some of her MPB shares were obtained by reinvesting cash dividends into additional shares instead of taking those dividends in cash.