Director adds Mid Penn (MPB) shares via stock and dividend plans
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mid Penn Bancorp director Kimberly J. Brumbaugh made an open-market purchase of 78 shares of Mid Penn Bancorp, Inc. common stock at $32.16 per share through the Director Stock Purchase Plan. After this transaction, she directly holds 10,561.753 common shares, plus 1,140.84 shares held indirectly in an IRA and 1,945 restricted shares that vest in full one year after grant. Some of her holdings have been accumulated through the company’s Dividend Reinvestment Plan, indicating ongoing participation in share programs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 78 shares ($2,508)
Net Buy
3 txns
Insider
Brumbaugh Kimberly J
Role
Director
Bought
78 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock | 78 | $32.16 | $3K |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 10,561.753 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 1,140.84 shares (Indirect, IRA);
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,945 shares (Direct)
Footnotes (1)
- Shares purchased through the Director Stock Purchase Plan. Balance includes shares acquired through the Dividend Reinvestment Plan. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
Key Figures
Shares purchased: 78 shares
Purchase price: $32.16 per share
Direct holdings after trade: 10,561.753 shares
+2 more
5 metrics
Shares purchased
78 shares
Open-market purchase at $32.16 on 2026-03-31
Purchase price
$32.16 per share
Mid Penn Bancorp common stock on 2026-03-31
Direct holdings after trade
10,561.753 shares
Mid Penn Bancorp common stock, direct ownership
IRA holdings
1,140.84 shares
Mid Penn Bancorp common stock, indirect via IRA
Restricted stock balance
1,945 shares
Common restricted stock vesting 100% after one year
Key Terms
Director Stock Purchase Plan, Dividend Reinvestment Plan, restricted stock
3 terms
Director Stock Purchase Plan financial
"Shares purchased through the Director Stock Purchase Plan."
A director stock purchase plan lets members of a company's board buy the company’s shares, often through scheduled contributions or discounted purchases approved by the board. For investors, it acts like a vote of confidence—when people who oversee the company put their own money in, it suggests they believe in the business—while also affecting share counts and ownership balance, which can influence stock value and corporate control.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through 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.
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.
FAQ
What did Kimberly J. Brumbaugh do in this Mid Penn Bancorp (MPB) Form 4 filing?
Kimberly J. Brumbaugh reported buying 78 shares of Mid Penn Bancorp common stock at $32.16 per share. The purchase was made through the company’s Director Stock Purchase Plan and increases her already established ownership position in MPB shares.