Mid Penn director buys 287 MPB shares
Mid Penn Bancorp director Matthew G. De Soto bought additional common stock and updated his holdings.
Rhea-AI Filing Summary
Mid Penn Bancorp director Matthew G. De Soto bought additional common stock and updated his holdings. He purchased 287 shares of Mid Penn Bancorp, Inc. common stock at $34.84 per share in an open‑market transaction through the Director Stock Purchase Plan.
After this purchase, he holds 119,130.794 common shares directly, plus 1,700 shares of restricted stock that vest in full on the first anniversary of grant. He also has indirect holdings of 78 shares through L T D Investments and 4,299 shares through PUTMA for Children, with some shares acquired via the Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 287 shares
Net Buy
4 txns
Insider
De Soto Matthew G
Role
Director
Bought
287 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 287 | $34.84 | $10K |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 119,130.794 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 4,299 shares (Indirect, By PUTMA for Children);
Mid Penn Bancorp, Inc. Common Stock — 78 shares (Indirect, By L T D Investments);
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct)
Footnotes (3)
- F1. Shares purchased through the Director Stock Purchase Plan.
- F2. Balance includes shares acquired through the Dividend Reinvestment Plan.
- F3. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
Key Figures
Shares purchased: 287 shares
Purchase price: $34.84 per share
Direct common shares after transaction: 119,130.794 shares
+3 more
6 metrics
Shares purchased
287 shares
Open-market purchase of common stock on June 30, 2026
Purchase price
$34.84 per share
Price paid for 287 Mid Penn Bancorp common shares
Direct common shares after transaction
119,130.794 shares
Direct Mid Penn Bancorp common stock holdings following the purchase
Restricted stock balance
1,700 shares
Restricted stock that vests 100% on first anniversary of grant
Indirect shares via L T D Investments
78 shares
Indirect Mid Penn Bancorp common stock holdings
Indirect shares via PUTMA for Children
4,299 shares
Indirect Mid Penn Bancorp common stock holdings
Key Terms
Director Stock Purchase Plan, Dividend Reinvestment Plan, restricted stock, PUTMA for Children
4 terms
Director Stock Purchase Plan financial
"Shares purchased through the Director Stock Purchase Plan."
A director stock purchase plan lets members of a company's board buy the company’s shares, often through scheduled contributions or discounted purchases approved by the board. For investors, it acts like a vote of confidence—when people who oversee the company put their own money in, it suggests they believe in the business—while also affecting share counts and ownership balance, which can influence stock value and corporate control.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through the Dividend Reinvestment Plan."
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.
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.
PUTMA for Children financial
"Mid Penn Bancorp, Inc. Common Stock ... nature_of_ownership: By PUTMA for Children"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mid Penn Bancorp (MPB) director Matthew G. De Soto do in this Form 4 filing?
Director Matthew G. De Soto reported an open‑market purchase of Mid Penn Bancorp common stock. He disclosed buying shares through the Director Stock Purchase Plan and updated his direct, indirect, and restricted stock holdings, giving investors a clearer view of his current ownership position in MPB.
What indirect Mid Penn Bancorp (MPB) holdings does the director report in this filing?
He reports 78 MPB common shares held indirectly through L T D Investments. He also reports 4,299 common shares held indirectly through PUTMA for Children, indicating additional exposure to Mid Penn Bancorp stock beyond his large directly held position and restricted stock awards.
What restricted Mid Penn Bancorp (MPB) stock does the director hold and when does it vest?
He holds 1,700 shares of restricted common stock in Mid Penn Bancorp. According to the disclosure, these restricted shares vest 100% on the first anniversary of the grant date, potentially increasing his fully vested share count once the vesting date is reached.
AI-generated analysis. How Rhea-AI works. Not financial advice.
