Seven insiders at Mid Penn Bancorp (MPB) bought its shares on the open market between 15 and 30 September. Together the purchases came to about $35,000 in all, and the largest single purchase was about $10,000.
On 15 September, one insider bought, about $7,000 in all. On 30 September, six insiders bought, about $27,000 in all. The filings list seven purchases, from about $500 to about $10,000 each, and they were filed between 17 September and 2 October.
The filings give these roles, one per insider: Director (six), President and CEO (one).
In the 12 months before 15 September, the same filings table lists 35 insider purchases at Mid Penn Bancorp (MPB). This cluster has seven.
A Form 4 is the filing that a company’s officers, directors and holders of more than ten percent of its shares make with the U.S. Securities and Exchange Commission, usually within two business days of a trade. We count purchases on the open market only, each insider once however often they bought, and the trade date rather than the filing date. A cluster, for us, is three or more different insiders buying within 30 days, on at least two different trade dates or for at least $1,000,000 in all.
Each filing is linked below. A Form 4 names the insider, the role, the number of shares and the price paid, so every figure here can be checked against the SEC’s own record. Where a filing leaves a value out, we do not estimate it. The company page lists the insider trades we have read. Nothing here is advice to buy or sell.
Frequently asked questions
What is a Form 4?
The filing a company insider makes with the SEC after buying or selling shares.
What counts as a cluster?
Three or more different insiders buying on the open market within 30 days, on at least two different trade dates or for at least $1,000,000 in all.
Is an insider purchase a signal to buy?
Not on its own. It records what insiders did, not what the share price will do.
Sources
- SEC EDGAR, Form 4 filings
- Form 4 filing, trade of 15 September
- Form 4 filing, trade of 30 September
- Form 4 filing, trade of 30 September
- Form 4 filing, trade of 30 September
- Form 4 filing, trade of 30 September
- Form 4 filing, trade of 30 September
- Form 4 filing, trade of 30 September
- Mid Penn Bancorp (MPB) company page
Source: SEC EDGAR, Form 4 filings.