Brumbaugh Kimberly J 4
4 · MID PENN BANCORP INC · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
MID PENN BANCORP (MPB) Director Kimberly Brumbaugh Receives Award
What Happened
Kimberly J. Brumbaugh, a director of Mid Penn Bancorp, was granted 1,700 shares as a restricted stock award on April 1, 2026. The grant was reported on an SEC Form 4 filed April 3, 2026; the shares were issued at $0.00 (no cash paid) and will vest 100% on the first anniversary of the grant (April 1, 2027). This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction type: Award/Grant (Form 4 code A).
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (filed timely).
- Shares granted: 1,700 restricted shares; price reported $0.00 (no cash paid).
- Vesting: 100% vests on 4/1/2027 (per filing footnote).
- Shares owned after transaction: Not specified in the summary provided; filing footnotes note balances include Dividend Reinvestment Plan shares and restricted stock that vested on 4/1/2026.
- Footnotes of note: F1 (restricted stock vests 1 year after grant); F2/F3 reference balances including DRIP and recently vested restricted shares.
Context
Restricted stock awards to directors are a common form of compensation and do not represent an immediate market purchase or sale. Because the shares vest in one year, they are typically non-transferable until the vesting date and therefore do not signal an immediate trading intent. The filing appears timely (filed two days after the transaction), and there is no indication of a contemporaneous sale or exercise.
Insider Transaction Report
- Award
Mid Penn Bancorp, Inc. Common Restricted Stock
[F1]2026-04-01+1,700→ 1,700 total
- 12,506.753
Mid Penn Bancorp, Inc. Common Stock
[F2] - 1,140.84(indirect: By IRA)
Mid Penn Bancorp, Inc. Common Stock
[F3]
Footnotes (3)
- [F1]Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
- [F2]Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
- [F3]Balance includes shares acquired through the Dividend Reinvestment Plan.