Kiefer Bruce A 4

What Happened Bruce A. Kiefer, a director of MID PENN BANCORP, INC. (MPB), was granted 1,700 shares of restricted stock on 2026-04-01. The shares were reported at $0.00 per share (total reported value $0) and are an award rather than an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-04-01 — Award/grant of restricted stock (code A) for 1,700 shares at $0.00.
• Vesting: The restricted shares vest 100% on the first anniversary of the grant (4/1/2027) (Footnote F1).
• Shares owned after transaction: The filing does not state a precise post-transaction beneficial ownership total in the excerpt; it notes the reported balance includes restricted shares that vested on 4/1/2026 (Footnote F2).
• Related disclosure: Mr. Kiefer is a managing partner of Lawrence Keister & Co. and is deemed to share voting/dispositive power over partnership-held shares; he disclaims beneficial ownership except to his pecuniary interest (Footnote F3).
• Filing timeliness: Transaction reported in a Form 4 filed 2026-04-03 for the 2026-04-01 grant — appears to be filed within the standard Section 16 reporting window.

Context This was a compensation award of restricted stock, not a purchase or sale. Restricted shares typically cannot be sold until they vest, so this grant does not represent an immediate cash transaction or market-directional trade. Such awards are common for directors as long-term compensation and retention.