Director at Mid Penn (MPB) receives 1,700 restricted stock shares
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
Key Figures
Restricted stock grant: 1,700 shares
Direct holdings after grant: 9,679.078 shares
Indirect trust holdings: 27,330.189 shares
+1 more
4 metrics
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
Key Terms
restricted stock, Dividend Reinvestment Plan, indirect ownership, living trust
4 terms
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"
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.