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Mid Penn Bancorp Form 4: Director Purchase, Restricted Stock Vesting Noted

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

Rhea-AI Filing Summary

Robert A. Abel, a director of Mid Penn Bancorp Inc. (MPB), reported transactions dated 09/30/2025. The filing shows purchases of common stock through the Director Stock Purchase Plan at $28.64 per share. The report lists 7,585.765 shares associated with the reported purchase activity and a total beneficial ownership of 26,909.417 shares held indirectly through the Robert and Julie Abel Living Trust. The filing also records 1,945 shares granted as restricted stock, which the form notes vest 100% on the first anniversary of the grant date. The form is signed by Robert A. Abel on 10/01/2025.

Positive

  • Insider purchase reported through the Director Stock Purchase Plan at $28.64, indicating director acquisition of company stock
  • Restricted stock grant of 1,945 shares that vest 100% on the first anniversary, aligning compensation with retention
  • Total beneficial ownership disclosed as 26,909.417 shares held indirectly via the Robert and Julie Abel Living Trust, providing transparency

Negative

  • None.

Insights

TL;DR: Director bought shares at $28.64, increasing direct holdings; total beneficial ownership reported ~26,909 shares via family trust.

The Form 4 discloses a purchase through the Director Stock Purchase Plan at a disclosed price of $28.64. The transaction line and accompanying note indicate acquired shares counted toward a direct holding figure of 7,585.765 shares while total beneficial ownership is reported as 26,909.417 shares via the Robert and Julie Abel Living Trust. The purchase price is explicit and the filing includes restricted stock of 1,945 shares that vest fully on the first anniversary, which may increase aligned insider-owned shares upon vesting. This is a routine insider purchase disclosure rather than an operational or financial restatement.

TL;DR: Routine director purchase and restricted stock grant disclosed; ownership held directly and indirectly through a family trust.

The filing shows standard equity compensation and purchase plan usage for a director. The disclosure of indirect ownership via the Robert and Julie Abel Living Trust is clear and the restricted shares have a single-year vesting condition noted explicitly. The signature and dated filing complete required Section 16 reporting obligations. No departures, option exercises, or unusual transfer mechanics are described in this form.

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*
Abel Robert A

(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 18(1) A $28.64 7,585.765(2) D
Mid Penn Bancorp, Inc. Common Stock 26,909.417(2) I By Robert and Julie Abel Living Trust
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/ Robert A. Abel 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 did MPB director Robert A. Abel report on the Form 4?

The Form 4 reports purchases of Mid Penn Bancorp common stock on 09/30/2025, the acquisition through the Director Stock Purchase Plan at $28.64, and a restricted stock grant of 1,945 shares.

How many Mid Penn Bancorp (MPB) shares does Robert A. Abel beneficially own after the reported transactions?

The filing shows a total beneficial ownership of 26,909.417 shares, held indirectly through the Robert and Julie Abel Living Trust.

What is the vesting schedule for the restricted shares reported by Robert A. Abel?

The Form 4 states the 1,945 restricted shares vest 100% on the first anniversary of the grant date.

At what price were the shares purchased in the reported transaction?

The reported purchase price per share is $28.64.

When was the Form 4 signed by Robert A. Abel?

The Form 4 bears the signature of Robert A. Abel dated 10/01/2025.
Mid Penn Bancp

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