Webb Justin T. 4

What Happened

• Justin T. Webb, Chief Financial Officer of Mid Penn Bancorp (MPB), was granted 5,811 shares of restricted stock on April 1, 2026. The grant was reported at $0.00 per share (no cash paid at grant).
• The award is reported under transaction code A (award/grant). This is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-01; 5,811 shares @ $0.00 (total reported cash value $0).
• Vesting: Footnote F1 states these restricted shares vest ratably over four years.
• Ownership after transaction: The filing does not list a specific post-transaction share total; footnote F3 notes the reported balance includes shares from the Employee Stock Purchase Plan, Dividend Reinvestment Plan, and restricted stock that vested on 4/1/2026.
• Filing timeliness: Form 4 filed 2026-04-03 — appears timely (filed within the normal two-business-day window).
• Transaction code: A = Award/Grant.

Context

• Restricted stock awards are compensation subject to vesting; they are not an immediate open-market purchase and do not by themselves indicate an insider buying stock on the market. Vesting over four years means the shares become unrestricted incrementally, per the grant terms.
• For retail investors: awards are common for executives and reflect company compensation practices rather than an immediate cash investment by the insider.