Brumbaugh Kimberly J 4
Research Summary
AI-generated summary
Mid Penn Bancorp (MPB) Director Kimberly Brumbaugh Buys 78 Shares
What Happened
Kimberly J. Brumbaugh, a director of Mid Penn Bancorp (MPB), purchased 78 shares on 2026-03-31 at $32.16 per share, for a total cost of $2,508. This was a purchase (insider buy) reported on Form 4 and filed on 2026-04-01. Purchases by insiders are often viewed as a neutral-to-bullish signal, though this is a modest dollar amount.
Key Details
- Transaction date and price: 2026-03-31 — 78 shares @ $32.16 each.
- Total value: $2,508.
- Filing date: 2026-04-01 (timely relative to the transaction).
- Shares owned after transaction: Not specified in the provided excerpt; the filing notes the balance includes DRIP-acquired shares (see footnote F2).
- Footnotes from the filing:
- F1: Shares purchased through the Director Stock Purchase Plan.
- F2: Balance includes shares acquired through the Dividend Reinvestment Plan.
- F3: Restricted stock grants (vest 100% on first anniversary of grant) — listed in the filing but not directly tied to this purchase.
- Transaction code: P = Purchase.
Context
This was a routine insider purchase through a director stock purchase plan rather than a large strategic acquisition. Because the amount is small (~$2.5K), it provides limited directional insight on its own; investors often look for patterns of multiple purchases or larger dollar amounts when assessing insider sentiment.