Noone John E 4

What Happened John E. Noone, a director of Mid Penn Bancorp, was granted 1,700 shares of restricted stock on April 1, 2026. The award was reported at an acquisition price of $0.00 (total reported value $0). According to the filing, the restricted shares vest 100% on the first anniversary of the grant date, so they are subject to a one‑year vesting schedule and are compensation rather than an open‑market purchase.

Key Details

• Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03.
• Transaction type: Award/Grant of restricted stock (code A); 1,700 shares acquired @ $0.00 (reported value $0).
• Vesting: 100% vests on the first anniversary of the grant (footnote F1).
• Shares owned after transaction: Not specified in the summary provided here; footnote F2 notes the reported balance includes shares from a Dividend Reinvestment Plan and restricted stock that vested on 4/1/2026.
• Filing timeliness: Form filed April 3 for a April 1 transaction (appears within the normal 2‑business‑day Form 4 reporting window).
• No 10b5‑1 plan, tax‑withholding sale, or option exercise indicated in this transaction.

Context Restricted stock grants like this are common director compensation and are different from open‑market purchases: the shares are typically subject to vesting and may not be freely tradable until vesting conditions are met. Because the grant was reported at $0, it reflects an award, not a cash purchase; this filing does not by itself indicate buying or selling sentiment in the market. For exact post‑transaction holdings and details about the shares that vested on 4/1/2026 (footnote F2), see the full Form 4 filing.