MID PENN BANCORP INC·4

Apr 3, 10:58 AM ET

Hall Heather R 4

Research Summary

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Mid Penn Bancorp (MPB) Chief Lending Officer Heather Hall Receives Award

What Happened
Heather R. Hall, Chief Lending Officer of Mid Penn Bancorp (MPB), was granted 4,520 shares of restricted stock on April 1, 2026. The Form 4 reports an acquisition at $0.00 per share (an equity award/compensation grant), so no cash changed hands. This is an award of restricted stock rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-01 (reported on Form 4 filed 2026-04-03). Filing appears timely (within the SEC’s two-business-day window).
  • Transaction type/code: Award/Grant (A) — 4,520 restricted shares acquired at $0.00.
  • Vesting: Footnote F1 — shares vest ratably over four years. Footnote F2 — some grants vest according to the specific grant terms.
  • Footnote F3: the reported balance (in the full filing) includes shares from the Employee Stock Purchase Plan (ESPP), Dividend Reinvestment Plan (DRIP), and restricted stock that vested on 4/1/2026.
  • Post-transaction total holdings are not specified in the provided excerpt.

Context
Restricted stock awards are a form of compensation and typically vest over time; they do not necessarily indicate an immediate buy/sell signal. Because this grant was issued as restricted stock (no cash payment), taxes and later vesting conditions determine when the shares become freely tradable.