STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

De Soto Matthew G reported acquisition or exercise transactions in this Form 4 filing.

Mid Penn Bancorp director Matthew G. De Soto received a grant of 1,700 shares of restricted common stock on April 1, 2026. The award was granted at no cash cost and will vest 100% on the first anniversary of the grant date. After this filing, he directly holds 117,171.002 common shares, plus indirect holdings of 4,299 shares through a PUTMA for children and 78 shares through L T D Investments.

Positive

  • None.

Negative

  • None.
Insider De Soto Matthew G
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 -- -- --
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 — 117,171.002 shares (Direct); Mid Penn Bancorp, Inc. Common Stock — 4,299 shares (Indirect, By PUTMA for Children)
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.
Restricted stock grant 1,700 shares Awarded on April 1, 2026 to director Matthew G. De Soto
Grant price $0.0000 per share Restricted stock awarded at no cash cost
Vesting schedule 100% after 1 year Restricted stock vests on first anniversary of grant date
Direct common holdings 117,171.002 shares Direct Mid Penn Bancorp common stock after reported transactions
Indirect PUTMA holdings 4,299 shares Indirect ownership by PUTMA for Children
Indirect L T D holdings 78 shares Indirect ownership by L T D Investments
restricted stock financial
"Shares granted in the form of restricted stock, which vests 100%"
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"
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.
PUTMA financial
"By PUTMA for Children"
indirect ownership financial
"nature_of_ownership: By PUTMA for Children; By L T D Investments"
SEC Form 4
FORM 4UNITED 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*
De Soto Matthew 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Mid Penn Bancorp, Inc. Common Restricted Stock04/01/2026A1,700A$01,700(1)D
Mid Penn Bancorp, Inc. Common Stock117,171.002(2)D
Mid Penn Bancorp, Inc. Common Stock4,299IBy PUTMA for Children
Mid Penn Bancorp, Inc. Common Stock78IBy L T D Investments
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
Remarks:
/s/ Matthew G. DeSoto04/03/2026
** Signature of Reporting PersonDate
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 Matthew G. De Soto report?

Matthew G. De Soto reported receiving 1,700 shares of Mid Penn Bancorp restricted common stock as a grant. The shares were awarded at no cash cost and are part of his director compensation, increasing his equity-based alignment with shareholders.

How do the new restricted stock awards at MPB vest for Matthew G. De Soto?

The 1,700 restricted shares granted to Matthew G. De Soto vest 100% on the first anniversary of the grant date. This means the entire award becomes fully owned one year after April 1, 2026, encouraging at least a one-year holding period.

How many Mid Penn Bancorp (MPB) shares does Matthew G. De Soto hold after this filing?

After this filing, Matthew G. De Soto directly holds 117,171.002 shares of Mid Penn Bancorp common stock. He also has indirect holdings of 4,299 shares through a PUTMA for children and 78 shares through L T D Investments, according to the reported ownership table.

What does the indirect MPB ownership "By PUTMA for Children" mean in this filing?

The filing shows 4,299 Mid Penn Bancorp shares held indirectly "By PUTMA for Children." This indicates shares are owned through a custodial arrangement for children, with the position reported as an indirect holding associated with Matthew G. De Soto.

How were some of Matthew G. De Soto’s MPB shares accumulated over time?

A footnote states that his balance includes shares acquired through a Dividend Reinvestment Plan and restricted stock that vested on April 1, 2026. This means some holdings came from automatically reinvested dividends and prior equity awards that have now fully vested.

Does this MPB Form 4 show any open-market buying or selling by Matthew G. De Soto?

This Form 4 shows a grant of 1,700 restricted shares to Matthew G. De Soto, coded as an award acquisition. There are no transactions coded as open-market purchases or sales; the remaining entries simply update his direct and indirect share balances.