Abel Robert A 4

What Happened

• Robert A. Abel, a director of Mid Penn Bancorp (MPB), was granted 1,700 shares of restricted stock on April 1, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total reported value $0). The restricted shares vest 100% on the first anniversary of the grant.

Key Details

• Transaction date: 2026-04-01. Filing date: 2026-04-03 (filed timely within the Form 4 window).
• Transaction type/code: Grant/Award (A) — 1,700 shares @ $0.00; total reported value $0.
• Vesting: Per footnote F1, the restricted stock vests 100% on the first anniversary of the grant (4/1/2027).
• Shares owned after transaction: The filing does not state a total beneficial ownership number for Abel after this grant. Footnotes note balances include dividend reinvestment and vested restricted shares (F2, F3).
• Footnotes from the filing:
  • 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.
  • F3: Balance includes shares acquired through the Dividend Reinvestment Plan.
• Timeliness: Not marked late.

Context

• This was a compensation award (restricted stock), not an open-market purchase or sale. Such grants are common for directors as retention/compensation and do not necessarily signal immediate bullish buying. The shares remain subject to vesting conditions until 4/1/2027 and may be forfeited if conditions are not met.