Mid Penn CEO buys 193 shares at $37.07 each
Mid Penn Bancorp’s CEO reported a small open-market purchase and detailed his direct, indirect, and restricted stock holdings.
Rhea-AI Filing Summary
MID PENN BANCORP INC (MPB) director and President and CEO Rory G Ritrievi purchased 193 shares of Mid Penn Bancorp, Inc. common stock on September 15, 2026 in an open-market or private transaction at $37.07 per share, held indirectly through an IRA.
After this transaction, his indirect IRA holdings in MPB common stock were 11,253.643 shares, including shares acquired through the Dividend Reinvestment Plan. He also held 69,092.234 shares of common stock directly, including shares from the Employee Stock Purchase Plan and Dividend Reinvestment Plan, and 28,017 shares of common restricted stock granted subject to vesting terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 193 shares
Net Buy
3 txns
Insider
RITRIEVI RORY G
Role
President and CEO
Bought
193 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Mid Penn Bancorp, Inc. Common Stock F1 | 193 | $37.07 | $7K |
| holding | Mid Penn Bancorp, Inc. Common Stock F2 | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Restricted Stock F3 | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Stock — 11,253.643 shares (Indirect, IRA);
Mid Penn Bancorp, Inc. Common Stock — 69,092.234 shares (Direct);
Mid Penn Bancorp, Inc. Common Restricted Stock — 28,017 shares (Direct)
Footnotes (3)
- F1. Balance includes shares acquired through the Dividend Reinvestment Plan.
- F2. Balance includes shares acquired through Employee Stock Purchase Plan and Dividend Reinvestment Plan.
- F3. Shares granted in the form of restricted stock, which vest according to the terms of each respective grant.
Key Figures
Shares purchased: 193 shares
Purchase price per share: $37.07 per share
Indirect IRA holdings after transaction: 11,253.643 shares
+3 more
6 metrics
Shares purchased
193 shares
Common stock bought on September 15, 2026
Purchase price per share
$37.07 per share
Price paid for Mid Penn Bancorp, Inc. common stock
Indirect IRA holdings after transaction
11,253.643 shares
Common stock held indirectly through IRA after September 15, 2026 purchase
Direct common stock holdings
69,092.234 shares
Common stock held directly by Rory G Ritrievi
Restricted stock holdings
28,017 shares
Common restricted stock granted, subject to vesting
Net buy shares in this filing
193 shares
Net common shares bought across reported transactions
Key Terms
Dividend Reinvestment Plan, Employee Stock Purchase Plan, restricted stock, IRA
4 terms
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.
Employee Stock Purchase Plan financial
"Balance includes shares acquired through Employee Stock Purchase 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.
restricted stock financial
"Shares granted in the form of restricted stock, which vest"
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.
IRA financial
"indirectly through an 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MPB’s CEO Rory G Ritrievi buy in this Form 4 filing?
Rory G Ritrievi purchased 193 shares of Mid Penn Bancorp, Inc. common stock on September 15, 2026 at $37.07 per share, held indirectly through an IRA.
What are the CEO’s direct common stock holdings in MPB after this filing?
Rory G Ritrievi directly held 69,092.234 shares of Mid Penn Bancorp, Inc. common stock as of the reported date, with this balance including shares acquired through the Employee Stock Purchase Plan and the Dividend Reinvestment Plan.
Was the MPB CEO’s September 15, 2026 trade under a Rule 10b5-1 plan?
The filing indicates that transactions were not made under a Rule 10b5-1 trading plan, as the related affirmation box was not checked.
AI-generated analysis. How Rhea-AI works. Not financial advice.
