Mid Penn Bancorp (MPB) Director Purchase, Restricted Stock and 401(k) Holdings

Rhea-AI Filing Summary

Albert J. Evans, a director of Mid Penn Bancorp Inc. (MPB), reported transactions on Form 4 showing a purchase and other holdings as of 09/30/2025. The filing discloses 349 shares purchased at $28.64 through the Director Stock Purchase Plan on 09/30/2025. The report lists 38,879.12 as the amount of securities beneficially owned following the reported transactions, and separately identifies 1,260.674 shares held indirectly by a 401(k) and 1,945 shares granted as restricted stock that vest 100% on the first anniversary of the grant. Some shares are held in the name of Frontier Trust FSB, TTEE Fanelli, Evans & Patel. The form is signed by Albert J. Evans on 10/01/2025.

Positive

• Director purchased shares through the Director Stock Purchase Plan, aligning interests with shareholders
• Restricted stock grant vests 100% after one year, indicating retention incentive and alignment

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine insider purchase by a director, increases alignment with shareholders but appears non-material to valuation.

The Form 4 documents a director purchase under the Director Stock Purchase Plan and shows restricted stock and retirement-plan holdings. Such purchases typically signal insider alignment with shareholder interests and adherence to compensation governance practices because restricted stock vests over time. The filing does not indicate sales, unusual derivatives, or large changes in ownership that would materially alter control or trigger disclosure of a new controlling position. Reporting is timely and includes ownership held via trust and a 401(k), which is common for executives and directors.

Securities Analyst

TL;DR: Transaction is small and routine; no immediate material impact on MPB’s capitalization or control.

The purchase of 349 shares at $28.64 is disclosed along with existing holdings summarized as 38,879.12 shares beneficially owned after the transaction and additional positions of 1,260.674 (401(k)) and 1,945

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Evans Albert J.

(Last) (First) (Middle)

2407 PARK DRIVE

(Street)

HARRISBURG PA 17110

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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 Stock	09/30/2025		P		349(1)	A	$28.64	38,879.12(2)	D
Mid Penn Bancorp, Inc. Common Stock								1,260.674(2)(3)	I	By 401(k)
Mid Penn Bancorp, Inc. Common Restricted Stock								1,945(4)	D

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 purchased through the Director Stock Purchase Plan.

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

3. Shares held in the name of Frontier Trust FSB, TTEE Fanelli, Evans & Patel.

4. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.

Remarks:

	/s/ Albert J. Evans	10/01/2025
	** 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.

FAQ

What transaction did MPB director Albert J. Evans report on Form 4?

He reported the purchase of 349 shares of Mid Penn Bancorp Inc. common stock on 09/30/2025 at a price of $28.64 per share.

How many shares does Albert J. Evans beneficially own after the reported transaction?

The Form 4 lists 38,879.12 as the amount of securities beneficially owned following the reported transaction.

Does Albert J. Evans hold shares indirectly or in retirement accounts?

Yes. The filing shows 1,260.674 shares held indirectly through a 401(k) and other shares held by Frontier Trust FSB, TTEE Fanelli, Evans & Patel.

Are there any restricted shares disclosed for Albert J. Evans?

Yes. The Form 4 discloses 1,945 shares granted as restricted stock that vest 100% on the first anniversary of the grant.

When was the Form 4 signed and filed?

The signature on the Form 4 is dated 10/01/2025 and the transaction date is 09/30/2025.