BRUGGER THOMAS R 4

What Happened Thomas R. Brugger, a director of Mid Penn Bancorp, received three award/acquisition entries on February 27, 2026 totaling 7,824 shares: 2,466 shares @ $0.00, 5,310 shares @ $0.00, and 48 shares @ $0.00. The reported dollar amount for these awards is $0, reflecting that the shares were issued as merger-related consideration rather than an open-market purchase. This is an acquisition (award) rather than a sale.

Key Details

• Transaction date: 2026-02-27; Report filed: 2026-03-03 (filed within the usual two-business-day Form 4 window).
• Reported prices: $0.00 per share for all three awards; total reported consideration $0.
• Total shares received: 7,824 (2,466 + 5,310 + 48).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The awards arise from the Feb 27, 2026 merger of 1st Colonial Bancorp, Inc. into Mid Penn. Each 1st Colonial share was convertible into either cash or 0.6945 of a Mid Penn share (subject to election, proration and fractional-share cash settlement); the indicated shares are subject to final allocation/proration.

Context These shares were issued as merger consideration, not purchased or sold on the open market, so they reflect corporate transaction mechanics rather than an explicit trading signal by the director. Merger-conversion awards are common in acquisitions and may be adjusted by proration or cash settlement for fractional shares.