Mid Penn Bancorp (NASDAQ: MPB) director awarded 1,700 restricted shares

Rhea-AI Filing Summary

Mid Penn Bancorp director Albert J. Evans received a grant of 1,700 shares of restricted common stock on April 1, 2026. The restricted stock was granted at no cash cost and will vest 100% on the first anniversary of the grant date.

After this grant and related updates, Evans directly holds 41,538.51 shares of Mid Penn Bancorp common stock and indirectly holds 1,280.285 shares through a 401(k) account, which includes shares acquired through the company’s Dividend Reinvestment Plan and previously vested restricted stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Evans Albert 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 — 41,538.51 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 1,280.285 shares (Indirect, By 401(k))

Footnotes (1)

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

Key Figures

Restricted stock grant: 1,700 shares Vesting schedule: 100% after 1 year Direct common stock holdings: 41,538.51 shares +2 more

5 metrics

Restricted stock grant 1,700 shares Granted to director Albert J. Evans on April 1, 2026

Vesting schedule 100% after 1 year Restricted stock vests on first anniversary of grant date

Direct common stock holdings 41,538.51 shares Total direct Mid Penn Bancorp common shares after transactions

Indirect 401(k) holdings 1,280.285 shares Indirect Mid Penn Bancorp shares held via 401(k) account

Grant price per share $0.0000 per share Equity compensation grant, no cash paid for restricted shares

Key Terms

restricted stock, Dividend Reinvestment Plan, 401(k)

3 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.

401(k) financial

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

A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.

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^*

Evans Albert J.

(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
	Officer (give title below)		Other (specify below)

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		1,700	A	$0	1,700(1)	D
Mid Penn Bancorp, Inc. Common Stock								41,538.51(2)	D
Mid Penn Bancorp, Inc. Common Stock								1,280.285(3)(4)	I	By 401(k)

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 vests 100% on the first anniversary of the date of grant.

2. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.

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

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

Remarks:

	/s/ Albert J. Evans	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 insider transaction did MPB director Albert J. Evans report?

Albert J. Evans reported receiving 1,700 shares of Mid Penn Bancorp restricted common stock. The shares were granted as equity compensation, with no cash paid per share, and represent an additional long-term stake in the bank’s common equity.

When do Albert J. Evans’s new MPB restricted shares vest?

The 1,700 Mid Penn Bancorp restricted shares granted to Albert J. Evans vest 100% on the first anniversary of the grant date. This one-year vesting schedule encourages continued service and aligns his interests with long-term shareholder value at the bank.

How many Mid Penn Bancorp shares does Albert J. Evans hold after this Form 4?

Following the reported transactions, Albert J. Evans directly holds 41,538.51 shares of Mid Penn Bancorp common stock. He also indirectly holds 1,280.285 additional shares through a 401(k) account, giving him a meaningful combined equity interest in the company.

Are Albert J. Evans’s MPB holdings only from this new restricted stock grant?

No. In addition to the 1,700 newly granted restricted shares, Evans’s balances include shares acquired through the Dividend Reinvestment Plan and restricted stock that vested on April 1, 2026. These elements together form his updated Mid Penn Bancorp share ownership.

How are some of Albert J. Evans’s MPB shares held indirectly?

A portion of Albert J. Evans’s Mid Penn Bancorp shares, totaling 1,280.285, is held indirectly through a 401(k) account. These shares are held in the name of Frontier Trust FSB as trustee, reflecting retirement-plan ownership rather than direct personal registration.