De Soto Matthew G 4

What Happened
Director Matthew G. De Soto made three purchases of MID PENN BANCORP (MPB) stock on 2026-05-04. He acquired 500 shares at $32.72 ($16,360), 500 shares at $32.77 ($16,386), and 525 shares at $32.77 ($17,202), for a combined purchase of 1,525 shares totaling $49,948. These were reported as open-market or private purchases (transaction code P), which are outright buys rather than option exercises or awards.

Key Details

• Transaction date: 2026-05-04 (reported on Form 4 filed 2026-05-05).
• Prices and amounts: 500 @ $32.72 ($16,360); 500 @ $32.77 ($16,386); 525 @ $32.77 ($17,202).
• Total value: $49,948 (~$50k).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 — balance includes shares from the Dividend Reinvestment Plan (DRIP). F2 — restricted stock grants vest 100% on the first anniversary of the grant date.
• Timeliness: Filing appears timely (reported the next day); not marked late.

Context
These transactions were purchases (P), which retail investors often view as a more informative signal than routine sales. They were not option exercises, gifts, or tax-withholding actions. Footnote F1 indicates the officer’s balance may include DRIP shares; F2 describes typical restricted-stock vesting terms noted elsewhere in the filing. As always, insider purchases are a single data point and should be considered alongside company fundamentals and other information.