STOCK TITAN

Director at Mid Penn (MPB) receives 1,700 restricted stock shares

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

Rhea-AI Filing Summary

Mid Penn Bancorp Inc. director Robert A. Abel received a grant of 1,700 shares of Mid Penn Bancorp, Inc. common restricted stock on April 1, 2026, at no cash cost. The restricted shares vest 100% on the first anniversary of the grant date.

After this award, Abel directly holds 9,679.078 shares of common stock, including shares acquired through the Dividend Reinvestment Plan and restricted stock that vested on April 1, 2026. He also indirectly holds 27,330.189 shares through the Robert and Julie Abel Living Trust, which include shares acquired through the Dividend Reinvestment Plan.

Positive

  • None.

Negative

  • None.
Insider Abel Robert A
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 -- -- --
Holdings After Transaction: Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 9,679.078 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 27,330.189 shares (Indirect, By Robert and Julie Abel Living Trust)
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 granted on April 1, 2026
Direct holdings after grant 9,679.078 shares Direct common stock holdings following April 1, 2026 grant
Indirect trust holdings 27,330.189 shares Held by Robert and Julie Abel Living Trust
Vesting schedule 100% after 1 year Restricted stock vests on first anniversary of grant date
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 that vested"
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.
indirect ownership financial
"Indirect holdings reported with nature of ownership listed as By Robert and Julie Abel Living Trust"
living trust financial
"Nature of ownership: By Robert and Julie Abel Living Trust"
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*
Abel Robert A

(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 Stock9,679.078(2)D
Mid Penn Bancorp, Inc. Common Stock27,330.189(3)IBy Robert and Julie Abel Living Trust
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/ Robert A. Abel04/03/2026
** 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) director Robert Abel report in this Form 4?

Robert A. Abel reported receiving 1,700 shares of Mid Penn Bancorp common restricted stock as a grant on April 1, 2026. The filing also updates his direct and indirect share holdings, including Dividend Reinvestment Plan shares and previously vested restricted stock.

How many restricted shares did MPB grant to director Robert Abel?

Mid Penn Bancorp granted Robert A. Abel 1,700 shares of common restricted stock. According to the filing, these restricted shares vest 100% on the first anniversary of the April 1, 2026 grant date, representing equity-based compensation rather than an open-market purchase.

When do Robert Abel’s new restricted MPB shares vest?

The 1,700 restricted shares granted to Robert A. Abel vest 100% on the first anniversary of the April 1, 2026 grant date. This means the entire award becomes unrestricted at once after one year, subject to the terms of the grant.

What are Robert Abel’s direct MPB share holdings after this grant?

After the restricted stock grant, Robert A. Abel directly holds 9,679.078 shares of Mid Penn Bancorp common stock. This balance includes shares acquired through the Dividend Reinvestment Plan and restricted stock that vested on April 1, 2026, as described in the filing footnotes.

How many Mid Penn Bancorp shares does the Abel family trust hold?

The Form 4 shows 27,330.189 shares of Mid Penn Bancorp common stock held indirectly through the Robert and Julie Abel Living Trust. Footnotes state this trust balance includes shares acquired through the Dividend Reinvestment Plan, reflecting additional indirect ownership associated with Robert Abel.

Was Robert Abel’s Form 4 transaction a market buy or sell of MPB shares?

The reported transaction is a grant of 1,700 restricted shares, not an open-market buy or sell. The transaction code indicates a grant or award acquisition at no stated purchase price, representing equity compensation rather than trading activity in the public market.