MID PENN BANCORP INC·4

Apr 1, 3:55 PM ET

Brumbaugh Kimberly J 4

Research Summary

AI-generated summary

Updated

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.