De Soto Matthew G 4

What Happened

• Matthew G. De Soto, a director of Mid Penn Bancorp, made multiple open-market purchases (code P) on 2026-03-12 totaling 2,590 shares for roughly $79,932. Transactions ranged around $30.80–$30.91 per share, representing purchases rather than sales.

• Individual trades reported:

  • 500 shares @ $30.91 = $15,455
  • 500 shares @ $30.82 = $15,413
  • 500 shares @ $30.89 = $15,445
  • 118 shares @ $30.80 = $3,634
  • 600 shares @ $30.84 = $18,501
  • 372 shares @ $30.87 = $11,484

Key Details

• Transaction date: 2026-03-12; filing date: 2026-03-13 (appears timely).
• Price range: $30.80 to $30.91 per share; total cash spent ≈ $79,932.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes in the filing:
  • F1: Balance includes shares acquired through the Dividend Reinvestment Plan (DRIP).
  • F2: References restricted stock grants that vest 100% on the first anniversary of grant (not directly tied to the open-market purchases).
• Transaction code: P = Purchase (open market/private purchase).

Context

• These are straightforward open-market purchases by a company director—purchases can be interpreted by some investors as a vote of confidence, but they do not prove future performance. No options exercises, gifts, or immediate sales were reported with these trades.