Mid Penn Bancorp (NASDAQ: MPB) CEO receives 11,622-share restricted stock grant

Rhea-AI Filing Summary

RITRIEVI RORY G reported acquisition or exercise transactions in this Form 4 filing.

Mid Penn Bancorp President and CEO Rory G. Ritrievi received a grant of 11,622 shares of restricted common stock on April 1, 2026 at no cash cost. These restricted shares vest ratably over four years. Following the award, he holds 37,814 restricted shares directly, 61,648.348 common shares directly, and 11,002.316 common shares indirectly through an IRA, including shares accumulated via the Employee Stock Purchase Plan and Dividend Reinvestment Plan.

Insights

Equity compensation analyst

CEO receives time-vested restricted stock as routine equity compensation.

The filing shows Rory G. Ritrievi, President and CEO of Mid Penn Bancorp, was granted 11,622 restricted shares at $0.00 per share. Footnotes state these vest ratably over four years, indicating a standard long-term incentive structure rather than an open-market transaction.

After this award, he holds 37,814 restricted shares directly, plus 61,648.348 common shares directly and 11,002.316 common shares indirectly through an IRA. Balances also reflect participation in the Employee Stock Purchase Plan and Dividend Reinvestment Plan, suggesting ongoing alignment of management’s interests with shareholders.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider RITRIEVI RORY G

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Mid Penn Bancorp, Inc. Common Restricted Stock	11,622	$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 — 37,814 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 61,648.348 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 11,002.316 shares (Indirect, IRA)

Footnotes (1)

1. Shares granted in the form of restricted stock which vest ratably over four years. Shares granted in the form of restricted stock, which vest according to the terms of each respective grant. 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. Balance includes shares acquired through the Dividend Reinvestment Plan.

Key Figures

Restricted stock grant: 11,622 shares Grant price: $0.00 per share Restricted shares after grant: 37,814 shares +3 more

6 metrics

Restricted stock grant 11,622 shares Grant to CEO on April 1, 2026

Grant price $0.00 per share Restricted stock awarded at no cash cost

Restricted shares after grant 37,814 shares CEO direct restricted stock holdings post-grant

Direct common stock holdings 61,648.348 shares CEO direct common stock position

Indirect IRA holdings 11,002.316 shares Common shares held indirectly through IRA

Vesting schedule 4 years Restricted shares vest ratably over four years

Key Terms

restricted stock, Employee Stock Purchase Plan, Dividend Reinvestment Plan, IRA

4 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.

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.

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 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

RITRIEVI RORY G

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Mid Penn Bancorp, Inc. Common Restricted Stock	04/01/2026		A		11,622(1)	A	$0	37,814(2)	D
Mid Penn Bancorp, Inc. Common Stock								61,648.348(3)	D
Mid Penn Bancorp, Inc. Common Stock								11,002.316(4)	I	IRA

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares granted in the form of restricted stock which vest ratably over four years.

2. Shares granted in the form of restricted stock, which vest according to the terms of each respective grant.

3. 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.

4. Balance includes shares acquired through the Dividend Reinvestment Plan.

Remarks:

	/s/ Rory G. Ritrievi	04/03/2026
	** Signature of Reporting Person	Date
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 MPB CEO Rory G. Ritrievi receive in this Form 4 filing?

Rory G. Ritrievi received a grant of 11,622 shares of restricted common stock. The shares were awarded at no cash cost and are part of his equity compensation, designed to align his long-term incentives with Mid Penn Bancorp shareholders over several years.

How do the new restricted shares for MPB’s CEO vest over time?

The 11,622 restricted shares vest ratably over four years. This means a portion of the award becomes unrestricted each year, encouraging the CEO to remain with Mid Penn Bancorp and focus on long-term performance rather than short-term stock movements.

How many Mid Penn Bancorp restricted shares does the CEO hold after this grant?

After the award, the CEO holds 37,814 restricted shares directly. These restricted holdings represent stock subject to vesting conditions, providing a long-term incentive that depends on continued service and any performance or time-based requirements specified in each grant.

What are Rory G. Ritrievi’s total direct common stock holdings in MPB?

Following the reported transactions, the CEO directly owns 61,648.348 shares of Mid Penn Bancorp common stock. This direct position reflects shares accumulated through programs like the Employee Stock Purchase Plan and Dividend Reinvestment Plan, as well as vested restricted stock.

Does the MPB CEO hold any indirect shares through retirement accounts?

Yes. The filing shows 11,002.316 Mid Penn Bancorp common shares held indirectly in an IRA. Indirect holdings like this still provide economic exposure to the company’s stock, complementing the CEO’s direct and restricted share positions disclosed in the Form 4.

Were there any open-market stock purchases or sales by MPB’s CEO in this Form 4?

No open-market purchases or sales are reported in this Form 4. The main activity is a grant of restricted stock, with additional lines updating total holdings. There are no transaction codes indicating buying or selling common shares in the market.