Mid Penn Bancorp (MPB) director awarded 1,700 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mid Penn Bancorp director Kimberly J. Brumbaugh received a grant of 1,700 shares of restricted common stock on April 1, 2026. The award was granted at no cash cost and is scheduled to vest 100% on the first anniversary of the grant date.
After this grant, she directly holds 12,506.753 shares of Mid Penn Bancorp common stock, including shares acquired through the Dividend Reinvestment Plan and previously vested restricted stock, and indirectly holds 1,140.84 shares through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Brumbaugh Kimberly J
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 — 12,506.753 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 1,140.84 shares (Indirect, IRA)
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: 12,506.753 shares
Indirect IRA holdings: 1,140.84 shares
+1 more
4 metrics
Restricted stock grant
1,700 shares
Granted to director Kimberly J. Brumbaugh on April 1, 2026
Direct holdings after grant
12,506.753 shares
Mid Penn Bancorp common stock held directly after transaction
Indirect IRA holdings
1,140.84 shares
Mid Penn Bancorp common stock held indirectly through an IRA
Grant vesting period
1 year
Restricted stock vests 100% on first anniversary of grant date
Key Terms
restricted stock, Dividend Reinvestment Plan, IRA, Form 4
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"
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.
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
What insider transaction did Mid Penn Bancorp (MPB) disclose for Kimberly J. Brumbaugh?
Mid Penn Bancorp disclosed that director Kimberly J. Brumbaugh received a grant of 1,700 shares of restricted common stock on April 1, 2026. The shares were awarded at no cash cost as part of her compensation package and represent an equity-based incentive.