MPB executive awarded 4,520 restricted shares
MID PENN BANCORP INC Chief Lending Officer Heather R. Hall received a grant of 4,520 shares of Mid Penn Bancorp, Inc. restricted common stock.
Rhea-AI Filing Summary
MID PENN BANCORP INC Chief Lending Officer Heather R. Hall received a grant of 4,520 shares of Mid Penn Bancorp, Inc. restricted common stock. The shares were granted on April 1, 2026 and will vest ratably over four years according to the grant terms.
Following this award, Hall directly holds 7,020 shares of restricted common stock and 6,152.594 shares of common stock. The common stock balance includes shares acquired through the Employee Stock Purchase Plan, the Dividend Reinvestment Plan, and restricted shares that vested on April 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,520 shares
Grant/Award
2 txns
Insider
Hall Heather R
Role
Chief Lending Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Mid Penn Bancorp, Inc. Common Restricted Stock | 4,520 | $0.00 | $0.00 |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Restricted Stock — 7,020 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 6,152.594 shares (Direct)
Footnotes (3)
- F1. Shares granted in the form of restricted stock which vest ratably over four years.
- F2. Shares granted in the form of restricted stock, which vest according to the terms of each respective grant.
- F3. Balance includes shares acquired through the Employee Stock Purchase Plan and the Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
Key Figures
Restricted stock grant: 4,520 shares
Grant price: $0.0000 per share
Restricted shares after grant: 7,020 shares
+2 more
5 metrics
Restricted stock grant
4,520 shares
Granted April 1, 2026 to Chief Lending Officer
Grant price
$0.0000 per share
Restricted stock awarded as compensation, not purchased
Restricted shares after grant
7,020 shares
Total restricted stock directly held after transaction
Common shares after update
6,152.594 shares
Direct common stock holdings after April 1, 2026
Vesting period
4 years
New restricted stock grant vests ratably over four years
Key Terms
restricted stock, vest ratably, Employee Stock Purchase Plan, Dividend Reinvestment Plan, +1 more
5 terms
restricted stock financial
"Shares granted in the form of restricted stock which vest ratably over four years."
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.
vest ratably financial
"Shares granted in the form of restricted stock which vest ratably over four years."
Employee Stock Purchase Plan financial
"Balance includes shares acquired through the Employee Stock Purchase Plan and the Dividend Reinvestment Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through the Employee Stock Purchase Plan and 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Heather R. Hall report at MID PENN BANCORP INC (MPB)?
Heather R. Hall reported receiving a grant of 4,520 shares of restricted common stock. This is a compensation-related award, not an open-market purchase, and represents additional equity-based pay tied to future vesting conditions over multiple years.
What is the vesting schedule for Heather R. Hall’s new restricted stock grant at MPB?
The 4,520 restricted shares granted to Heather R. Hall vest ratably over four years. This means portions of the award will vest in equal installments each year, aligning her compensation with longer-term company performance and continued employment over that period.
Does Heather R. Hall’s Form 4 show any open-market buying or selling of MPB stock?
The filing does not report any open-market purchases or sales of MPB stock. It primarily reflects a restricted stock grant and an updated holding balance, indicating compensation-related equity rather than discretionary trading activity in the company’s common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
