Mid Penn director granted 1,700 restricted shares
Kiefer Bruce A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kiefer Bruce A reported acquisition or exercise transactions in this Form 4 filing.
MID PENN BANCORP INC director Bruce A. Kiefer received a grant of 1,700 shares of restricted common stock on April 1, 2026. The shares were granted at no cost and vest 100% on the first anniversary of the grant date.
Following this grant, he holds 40,229 shares of Mid Penn Bancorp common stock directly, plus the 1,700 restricted shares. He also has indirect ownership of 388 shares held by a child and 1,003,259 shares held by Lawrence Keister & Co., a family partnership where he is a managing partner and is deemed to share voting and dispositive power, while disclaiming beneficial ownership beyond his proportionate economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Mid Penn Bancorp, Inc. Common Restricted Stock | 1,700 | $0.00 | $0.00 |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
- F2. Balance includes shares of restricted stock that vested on 4/1/2026.
- F3. Mr. Kiefer is a managing partner of Lawrence Keister & Co., a family partnership. Accordingly, he is deemed to have shared voting and dispositive power over the shares held by the partnership. Mr. Kiefer disclaims beneficial ownership of shares held by the partnership, except to the extent of his proportionate pecuniary interest therein.
Key Figures
Key Terms
restricted stock financial
vests 100% on the first anniversary financial
managing partner financial
family partnership financial
beneficial ownership financial
FAQ
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What insider transaction did MPB director Bruce Kiefer report?
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