STOCK TITAN

Mid Penn Bancorp (MPB) Sr. EVP receives 4,520 restricted stock shares in equity grant

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

Rhea-AI Filing Summary

Mid Penn Bancorp, Inc. reported that Sr. Executive Vice President Jordan D. Space received a grant of 4,520 shares of Mid Penn Bancorp, Inc. common restricted stock on April 1, 2026. The shares were granted at $0.00 per share as part of equity compensation.

According to the footnotes, these restricted shares vest ratably over three years and according to the terms of each respective grant. After the reported changes, Space directly holds 8,247.336 shares of common stock, including shares acquired through the Employee Stock Purchase Plan, the Dividend Reinvestment Plan, and restricted stock that vested on April 1, 2026.

Positive

  • None.

Negative

  • None.

Insights

Routine equity grant of 4,520 restricted shares to a senior executive, with time-based vesting and modest overall size.

The filing shows Sr. Executive Vice President Jordan D. Space receiving 4,520 shares of common restricted stock at $0.00 per share as a grant or award. Footnotes state these restricted shares vest ratably over three years and according to each grant’s terms, indicating standard time-based incentive compensation rather than a market purchase.

Following the grant and related vesting, Space directly holds 8,247.336 common shares, including shares from the Employee Stock Purchase Plan, Dividend Reinvestment Plan, and restricted stock that vested on April 1, 2026. With no derivative positions reported and no open-market buying or selling, this appears to be a routine compensation event, not a directional signal about the stock.

Insider Space Jordan D
Role Sr. Executive Vice President
Type Security Shares Price Value
Grant/Award Mid Penn Bancorp, Inc. Common Restricted Stock 4,520 $0.00 --
holding Mid Penn Bancorp, Inc. Common Stock -- -- --
Holdings After Transaction: Mid Penn Bancorp, Inc. Common Restricted Stock — 7,645 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 8,247.336 shares (Direct)
Footnotes (1)
  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.
Restricted stock grant 4,520 shares Grant to Sr. Executive Vice President on April 1, 2026
Grant price $0.00 per share Equity compensation grant of restricted stock
Post-transaction holdings 8,247.336 shares Direct common stock held after reported changes
Vesting schedule Over three years Restricted stock vests ratably per grant 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.
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*
Space Jordan D

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. Executive Vice President
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 Stock04/01/2026A4,520(1)A$07,645(2)D
Mid Penn Bancorp, Inc. Common Stock8,247.336(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares granted in the form of restricted stock which vest ratably over three years.
2. Shares granted in the form of restricted stock, which vest according to the terms of each respective grant.
3. 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.
Remarks:
/s/ Jordan D. Space04/03/2026
** 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 Jordan D. Space in this Form 4?

Mid Penn Bancorp reported that Sr. Executive Vice President Jordan D. Space received a grant of 4,520 shares of common restricted stock at $0.00 per share. This is a compensation-related equity award, not an open-market purchase or sale of MPB stock.

How many restricted shares did Jordan D. Space receive from Mid Penn Bancorp (MPB)?

Jordan D. Space received 4,520 shares of Mid Penn Bancorp, Inc. common restricted stock. The filing notes these shares were granted as a non-cash award at $0.00 per share and are subject to vesting conditions over time as specified in the grant terms.

How do the new restricted stock grants for MPB’s Jordan D. Space vest?

The restricted stock granted to Jordan D. Space vests ratably over three years and according to the terms of each respective grant. This means portions of the 4,520 granted shares become fully owned over time, aligning his compensation with Mid Penn Bancorp’s long-term performance.

What are Jordan D. Space’s total direct MPB share holdings after this Form 4?

After the reported transactions, Jordan D. Space directly holds 8,247.336 shares of Mid Penn Bancorp, Inc. common stock. This balance includes shares from the Employee Stock Purchase Plan, Dividend Reinvestment Plan, and restricted stock that vested on April 1, 2026, as described in the footnotes.

Was there any open-market buying or selling of MPB stock by Jordan D. Space?

No open-market buying or selling is shown in this Form 4. The main entry is a grant of 4,520 restricted shares at $0.00 per share, categorized as a grant or award acquisition, with no reported purchase or sale transactions in the market.

What plans contributed to Jordan D. Space’s MPB share balance after the grant?

The share balance after the grant includes stock acquired through the Employee Stock Purchase Plan and the Dividend Reinvestment Plan. It also reflects shares of restricted stock that vested on April 1, 2026, in addition to the new 4,520-share restricted stock grant reported.