STOCK TITAN

Mid Penn Bancorp (NASDAQ: MPB) director gets 1,700-share restricted stock grant

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

Rhea-AI Filing Summary

Mid Penn Bancorp director Theodore W. Mowery received a grant of 1,700 shares of Mid Penn Bancorp, Inc. common restricted stock as a compensation award. The restricted shares vest 100% on the first anniversary of the grant date. Following this, he directly holds 42,329.964 common shares, plus 22,465.667 shares held through an IRA and 250 shares held indirectly through his spouse, including amounts acquired via the Dividend Reinvestment Plan and recently vested restricted stock.

Positive

  • None.

Negative

  • None.
Insider MOWERY THEODORE W
Role Director
Type Security Shares Price Value
Grant/Award Mid Penn Bancorp, Inc. Common Restricted Stock 1,700 $0.00 --
holding Mid Penn Bancorp, Inc. Common Stock -- -- --
holding Mid Penn Bancorp, Inc. Common Stock -- -- --
holding Mid Penn Bancorp, Inc. Common Stock -- -- --
Holdings After Transaction: Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 42,329.964 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 22,465.667 shares (Indirect, IRA)
Footnotes (1)
  1. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026. Balance includes shares acquired through the Dividend Reinvestment Plan.
Restricted stock grant 1,700 shares Common restricted stock awarded to director on April 1, 2026
Direct common stock holdings 42,329.964 shares Directly owned Mid Penn Bancorp common stock after grant
IRA indirect holdings 22,465.667 shares Mid Penn Bancorp common stock held indirectly through IRA
Spouse indirect holdings 250 shares Common stock held indirectly by spouse
Vesting schedule 100% after one year Restricted stock vests 100% on first anniversary of grant
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.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock"
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.
IRA financial
"Mid Penn Bancorp, Inc. Common Stock ... indirect ... nature_of_ownership: IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
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*
MOWERY THEODORE W

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock04/01/2026A1,700A$01,700(1)D
Mid Penn Bancorp, Inc. Common Stock42,329.964(2)D
Mid Penn Bancorp, Inc. Common Stock22,465.667(3)IIRA
Mid Penn Bancorp, Inc. Common Stock250IBy spouse
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 vests 100% on the first anniversary of the date of grant.
2. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
3. Balance includes shares acquired through the Dividend Reinvestment Plan.
Remarks:
/s/ Theodore W. Mowery04/03/2026
** 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 insider transaction did MPB director Theodore W. Mowery report?

Director Theodore W. Mowery reported receiving a grant of 1,700 shares of Mid Penn Bancorp, Inc. common restricted stock. This award was granted at no stated purchase price and represents stock-based compensation rather than an open-market share purchase or sale.

How do the newly granted restricted shares for MPB’s director vest?

The 1,700 restricted shares granted to the Mid Penn Bancorp director vest 100% on the first anniversary of the grant date. This means the entire award becomes fully owned after one year, subject to the continued satisfaction of any service conditions tied to the grant.

How many MPB shares does Theodore W. Mowery now hold directly?

After the restricted stock grant, Theodore W. Mowery directly holds 42,329.964 shares of Mid Penn Bancorp common stock. This balance includes shares acquired through the company’s Dividend Reinvestment Plan and shares of restricted stock that vested on April 1, 2026.

What indirect MPB shareholdings does the director report?

In addition to his direct holdings, the director reports 22,465.667 Mid Penn Bancorp common shares held indirectly through an IRA and 250 shares held indirectly by his spouse. These indirect positions are listed separately from his directly owned shares in the filing.

Does the MPB Form 4 show any stock sales by the director?

The Form 4 shows a grant of restricted stock and updated holdings but does not report any open-market sales. The reported acquisition is coded as a grant or award, and other entries simply update share balances held directly, in an IRA, and by a spouse.