Evans Albert J. 4

What Happened
Albert J. Evans, a director of MID PENN BANCORP, was granted 1,700 shares of restricted stock on 2026-04-01. The Form 4 reports the acquisition at $0.00 (code A – grant/award). This is an equity award (compensation) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (appears timely under the usual 2-business-day rule).
• Transaction: Grant/award of 1,700 restricted shares, reported acquisition price $0.00 (Form 4 code A).
• Vesting: Footnote F1 — the shares are restricted and vest 100% on the first anniversary of the grant (4/1/2027).
• Shares owned after transaction: total post-transaction balance not provided in the excerpt. Footnote F2 notes the reported balance (where shown) includes shares from the Dividend Reinvestment Plan (DRIP) and restricted stock that vested on 4/1/2026; F3 also references DRIP-acquired shares.
• Ownership form: Footnote F4 indicates some shares are held in the name of Frontier Trust FSB, TTEE Fanelli, Evans & Patel.

Context
Restricted stock grants are a common form of executive/director compensation. Because these shares vest over time (here, 100% after one year), they typically cannot be sold immediately and do not reflect an open-market purchase or sale by the insider. This type of filing is informational about compensation and ownership changes but should not be read as a direct buy/sell signal.