Gathagan Maureen M. 4

What Happened Maureen Gathagan, a director of Mid Penn Bancorp (MPB), received an award of 1,700 restricted shares on April 1, 2026. The grant was reported at $0.00 per share (standard for restricted stock awards), so the reported cash outlay for the award is $0. These shares vest 100% on the first anniversary of the grant (April 1, 2027), per the filing.

Key Details

• Transaction date and price: 4/1/2026; 1,700 shares @ $0.00 (award/grant).
• Vesting: 100% vests on the first anniversary of grant (4/1/2027) — see footnote F1.
• Shares owned after transaction: filing notes the balance includes shares from the Dividend Reinvestment Plan and restricted shares that vested on 4/1/2026 (footnote F2). The exact post-transaction total was not provided here.
• Filing: Report filed 4/3/2026 reporting the 4/1/2026 grant (appears timely under the typical two-business-day reporting window).
• Footnotes: F1 describes the restricted stock vesting schedule; F2 indicates the reported balance includes DRIP shares and restricted stock that vested the same day.

Context This was a compensatory restricted stock grant to a director, not an open-market purchase or sale. Such awards are common as part of director compensation and are intended to align interests with shareholders; they do not, by themselves, signal a buy or sell decision by the insider.