MPB executive granted 3,955 restricted shares
Mid Penn Bancorp Chief Retail Officer Joan E. Dickinson received a grant of 3,955 shares of restricted common stock on April 1, 2026.
Rhea-AI Filing Summary
Mid Penn Bancorp Chief Retail Officer Joan E. Dickinson received a grant of 3,955 shares of restricted common stock on April 1, 2026. These shares were granted at no cash price and will vest ratably over three years, according to the footnotes.
After this award and the vesting activity on the same date, Dickinson directly holds a reported total of 6,847.997 shares of Mid Penn Bancorp common stock. The balance includes 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.
Insider Trade Summary
Grant/Award: 3,955 shares
Grant/Award
2 txns
Insider
Dickinson Joan E
Role
Chief Retail Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Mid Penn Bancorp, Inc. Common Restricted Stock | 3,955 | $0.00 | $0.00 |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Restricted Stock — 6,455 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 6,847.997 shares (Direct)
Footnotes (3)
- F1. Shares granted in the form of restricted stock which vest ratably over three years.
- F2. Shares granted in the form of restricted stock, which vest according to the terms of each respective grant.
- F3. 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.
Key Figures
Restricted stock grant: 3,955 shares
Grant price: $0.00 per share
Post-award restricted holdings: 6,455 shares
+2 more
5 metrics
Restricted stock grant
3,955 shares
Grant of common restricted stock on April 1, 2026
Grant price
$0.00 per share
Compensation-related restricted stock award
Post-award restricted holdings
6,455 shares
Restricted stock total following grant on April 1, 2026
Total common stock holdings
6,847.997 shares
Direct ownership after reported activity
Vesting schedule
Three years
New restricted shares vest ratably over three years
Key Terms
restricted stock, Employee Stock Purchase Plan, Dividend Reinvestment Plan, grant, award, or other acquisition
4 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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MPB’s Chief Retail Officer report on this Form 4?
Joan E. Dickinson reported receiving 3,955 shares of Mid Penn Bancorp restricted common stock as a grant. The award was compensation-related, not an open-market purchase, and was recorded at a price of $0.00 per share in the filing.
Was there any open-market buying or selling of MPB stock in this Form 4?
The Form 4 shows a grant of restricted stock but no open-market purchases or sales. The transaction is coded as an acquisition by grant or award, indicating compensation-related stock rather than trading activity in the public market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
