Schedule 13G: Bay Pond Partners Reports 1.16M Shares (5.05%) of MPB
Rhea-AI Filing Summary
Bay Pond Partners, L.P. reports beneficial ownership of 1,160,843 shares of Mid Penn Bancorp, Inc. common stock, representing 5.05% of the class. The filing states all reported shares are held with shared voting and shared dispositive power and no sole voting or dispositive power is claimed.
The Schedule 13G indicates the holdings are not for the purpose of changing or influencing control of the issuer. The filing lists Mid Penn Bancorp's principal office at 2407 Park Drive, Harrisburg, PA and was signed by an authorized person on 09/26/2025.
Positive
- Disclosure of a >5% stake (1,160,843 shares, 5.05%) provides transparency to the market
- Filed as Schedule 13G, indicating the filer represents the position as passive and not seeking control
Negative
- None.
Insights
TL;DR: A passive investor disclosed a just-above-5% stake, a disclosure threshold that can attract investor attention without signaling control intent.
The filing shows Bay Pond Partners, L.P. holds 1,160,843 shares (5.05%) with shared voting and dispositive power. Because this is a Schedule 13G rather than a 13D, the filer represents the position as passive and not intended to change control. For investors, the key takeaway is the emergence of a >5% shareholder which may increase monitoring but does not imply activist intent per the filer’s certification.
TL;DR: Disclosure of a >5% stake triggers governance visibility but the filer certifies passive intent, limiting immediate governance implications.
Bay Pond Partners’ classification as a passive holder