Mid Penn Bancorp director buys 1,525 MPB shares
Mid Penn Bancorp director Matthew G. De Soto bought additional shares of the company’s common stock in open-market transactions.
Rhea-AI Filing Summary
Mid Penn Bancorp director Matthew G. De Soto bought additional shares of the company’s common stock in open-market transactions. On May 4, 2026, he purchased 525, 500, and 500 shares at prices of $32.765, $32.7721, and $32.72 per share, respectively. After these trades, he directly holds 118,696.002 common shares and 1,700 shares of restricted stock. He also indirectly holds 78 shares through L T D Investments and 4,299 shares through PUTMA for Children. A footnote notes that his balance includes shares acquired via the Dividend Reinvestment Plan, and that the restricted stock vests 100% on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,525 shares
Net Buy
6 txns
Insider
De Soto Matthew G
Role
Director
Bought
1,525 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 500 | $32.72 | $16K |
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 500 | $32.7721 | $16K |
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 525 | $32.765 | $17K |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 118,696.002 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 4,299 shares (Indirect, By PUTMA for Children);
Mid Penn Bancorp, Inc. Common Stock — 78 shares (Indirect, By L T D Investments);
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct)
Footnotes (2)
- F1. Balance includes shares acquired through the Dividend Reinvestment Plan.
- F2. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
Key Figures
Open-market purchase 1: 525 shares at $32.765
Open-market purchase 2: 500 shares at $32.7721
Open-market purchase 3: 500 shares at $32.72
+5 more
8 metrics
Open-market purchase 1
525 shares at $32.765
Common stock bought on May 4, 2026
Open-market purchase 2
500 shares at $32.7721
Common stock bought on May 4, 2026
Open-market purchase 3
500 shares at $32.72
Common stock bought on May 4, 2026
Total shares bought
1,525 shares
Net buy shares in transaction summary
Direct common stock after trades
117,671.002 shares
Total shares following transactions, direct ownership
Restricted stock balance
1,700 shares
Common restricted stock vesting after one year
Indirect holdings via L T D Investments
78 shares
Indirect common stock ownership
Indirect holdings via PUTMA for Children
4,299 shares
Indirect common stock ownership
Key Terms
open-market purchase, Dividend Reinvestment Plan, restricted stock, indirect ownership
4 terms
open-market purchase financial
"transaction_action is described as "open-market purchase" for several entries"
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.
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.
indirect ownership financial
"Indirect holdings noted as By L T D Investments and By PUTMA for Children"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Matthew G. De Soto report at Mid Penn Bancorp (MPB)?
Matthew G. De Soto reported open-market purchases of Mid Penn Bancorp common stock. On May 4, 2026, he bought three blocks totaling 1,525 shares at prices around $32.72–$32.77 per share, increasing his direct ownership in the company.
What indirect Mid Penn Bancorp (MPB) holdings are associated with Matthew G. De Soto?
In addition to his direct holdings, De Soto has indirect interests in Mid Penn Bancorp. The filing lists 78 shares held by L T D Investments and 4,299 shares held by PUTMA for Children, both classified as indirect ownership positions.
What do the footnotes reveal about De Soto’s Mid Penn Bancorp (MPB) holdings?
The footnotes state that De Soto’s reported balance includes shares acquired through the Dividend Reinvestment Plan. They also note that certain shares were granted as restricted stock, vesting 100% on the first anniversary of the grant, clarifying the nature of part of his position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
