De Soto Matthew G 4
4 · MID PENN BANCORP INC · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
MID PENN BANCORP (MPB) Director Matthew G. De Soto Receives Award
What Happened
Matthew G. De Soto, a director of MID PENN BANCORP, was granted 1,700 shares of restricted stock on 2026-04-01. The grant was reported as an award with an acquisition price of $0.00 (total reported value $0). This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears to be filed within the typical two-business-day window).
- Shares granted: 1,700 restricted shares; price reported: $0.00; reported total value: $0.
- Vesting: Footnote F1 — the restricted stock vests 100% on the first anniversary of the grant (i.e., 2027-04-01).
- Holdings note: Footnote F2 states the reported balance includes shares from the Dividend Reinvestment Plan and restricted stock that vested on 4/1/2026. The exact total shares owned after this grant are not included in the excerpt provided.
- Transaction type code: A (award/grant).
Context
This was a compensation grant to a director (routine corporate compensation) and not a market purchase or sale. Such awards are common for board compensation and do not by themselves indicate insider buying or selling activity intended to express a view on the company’s near-term stock direction.
Insider Transaction Report
- Award
Mid Penn Bancorp, Inc. Common Restricted Stock
[F1]2026-04-01+1,700→ 1,700 total
- 117,171.002
Mid Penn Bancorp, Inc. Common Stock
[F2] - 4,299(indirect: By Children)
Mid Penn Bancorp, Inc. Common Stock
- 78(indirect: By L T D Investments)
Mid Penn Bancorp, Inc. Common Stock
Footnotes (2)
- [F1]Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
- [F2]Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.