Noone John E 4
Research Summary
AI-generated summary
MID PENN BANCORP (MPB) Director John Noone Buys 2,000 Shares
What Happened
- John E. Noone, a director of MID PENN BANCORP, reported an open-market purchase of 2,000 shares on March 9, 2026. The shares were acquired at $30.84 per share for a reported total of $61,673. This was a buy (purchase) rather than a sale.
Key Details
- Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-10).
- Transaction type: P = Purchase (open market).
- Price and quantity: 2,000 shares at $30.84 each; total reported value $61,673.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes in the filing:
- F1: Balance includes shares acquired through the Dividend Reinvestment Plan.
- F2: Some shares were granted as restricted stock that vests 100% on the first anniversary of the grant date.
- Filing timeliness: Form 4 filed the day after the transaction (no indication of a late filing in the provided record).
Context
- Purchases by directors can be interpreted by investors as a sign of confidence, but they are only one data point; do not infer motive. The filing includes notes about dividend reinvestment and restricted stock grants, which affect how some holdings are acquired and when they become fully owned.