Mid Penn Bancorp, Inc. Schedules 2024 Annual Meeting of Shareholders

Ticker: MPB · Form: DEF 14A · Filed: Mar 28, 2024 · CIK: 879635

Mid Penn Bancorp INC DEF 14A Filing Summary
FieldDetail
CompanyMid Penn Bancorp INC (MPB)
Form TypeDEF 14A
Filed DateMar 28, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$424 million, $285 million, $0.80, $2.42 million, $833,000
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, Shareholder Meeting, Corporate Governance, DEF 14A, Mid Penn Bancorp

TL;DR

<b>Mid Penn Bancorp, Inc. has filed its Definitive Proxy Statement for the upcoming shareholder meeting.</b>

AI Summary

MID PENN BANCORP INC (MPB) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. The filing is a Definitive Proxy Statement (DEF 14A) for Mid Penn Bancorp, Inc. The filing date is March 28, 2024, with the report period ending May 14, 2024. The company's Central Index Key (CIK) is 0000879635. Mid Penn Bancorp, Inc. is incorporated in Pennsylvania (PA) with its fiscal year ending December 31. The filing fee is marked as 'No fee required'.

Why It Matters

For investors and stakeholders tracking MID PENN BANCORP INC, this filing contains several important signals. This DEF 14A filing provides shareholders with essential information regarding the upcoming annual meeting, including details on voting procedures, director nominations, and other corporate governance matters. Shareholders should review this document to make informed decisions on proposals presented at the meeting, such as the election of directors and executive compensation.

Risk Assessment

Risk Level: low — MID PENN BANCORP INC shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant corporate events that would indicate elevated risk.

Analyst Insight

Shareholders should review the proxy statement to understand the proposals being voted on at the upcoming annual meeting and exercise their voting rights.

Key Numbers

Key Players & Entities

FAQ

When did MID PENN BANCORP INC file this DEF 14A?

MID PENN BANCORP INC filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by MID PENN BANCORP INC (MPB).

Where can I read the original DEF 14A filing from MID PENN BANCORP INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by MID PENN BANCORP INC.

What are the key takeaways from MID PENN BANCORP INC's DEF 14A?

MID PENN BANCORP INC filed this DEF 14A on March 28, 2024. Key takeaways: The filing is a Definitive Proxy Statement (DEF 14A) for Mid Penn Bancorp, Inc.. The filing date is March 28, 2024, with the report period ending May 14, 2024.. The company's Central Index Key (CIK) is 0000879635..

Is MID PENN BANCORP INC a risky investment based on this filing?

Based on this DEF 14A, MID PENN BANCORP INC presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant corporate events that would indicate elevated risk.

What should investors do after reading MID PENN BANCORP INC's DEF 14A?

Shareholders should review the proxy statement to understand the proposals being voted on at the upcoming annual meeting and exercise their voting rights. The overall sentiment from this filing is neutral.

How does MID PENN BANCORP INC compare to its industry peers?

Mid Penn Bancorp, Inc. operates within the commercial banking sector, providing a range of financial services.

Are there regulatory concerns for MID PENN BANCORP INC?

The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs proxy solicitations.

Industry Context

Mid Penn Bancorp, Inc. operates within the commercial banking sector, providing a range of financial services.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs proxy solicitations.

What Investors Should Do

  1. Review the full DEF 14A filing for details on director nominees and proposals.
  2. Understand the voting procedures and deadlines for the upcoming shareholder meeting.
  3. Assess any executive compensation details or changes presented in the proxy statement.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard proxy statement, and does not inherently represent a change from previous filings of the same type.

Filing Stats: 4,548 words · 18 min read · ~15 pages · Grade level 12.4 · Accepted 2024-03-28 14:44:16

Key Financial Figures

Filing Documents

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 33 PROPOSAL NO. 3: RATIFICATION OF THE APPOINTMENT OF RSM US LLP AS THE CORPORATION'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2024 38 AUDIT COMMITTEE REPORT 39 ADDITIONAL INFORMATION 41 PAY VERSUS PERFORMANCE 41 FREQUENTLY ASKED QUESTIONS REGARDING THE ANNUAL MEETING 46 2024 PROXY STATEMENT Table of Contents PROXY STATEMENT SUMMARY This proxy summary highlights information contained elsewhere in the proxy statement. You should review the complete proxy statement before voting. 2024 Annual Meeting Information Date & Time Location Record Date Tuesday, May 14, 2024 10 a.m. EDT www.proxydocs.com/MPB March 1, 2024 Please remember that you must preregister to attend the annual meeting at the website listed above. How to Vote By Internet If you are a registered shareholder, you may vote electronically through the Internet by following the instructions included on your Notice. If your shares are registered in the name of a broker or other nominee, you may be able to vote via the Internet. If so, the voting form your nominee sends you will provide Internet instructions. By Mail Shareholders of record may vote their shares by completing and returning a physical proxy card. Your proxy will be voted in accordance with your instructions. If you submit a properly executed and dated proxy, but do not specify a choice on one of the proposals described in this proxy statement, your proxy will be voted in favor of that proposal. By Telephone If you are a registered shareholder, you may vote by phone by calling (866)883-0222. Have your Notice or proxy card in hand when you call and then follow the instructions. During the Annual Meeting Shareholders of record may vote at the virtual meeting if they register at www.proxydocs.com/MPB by 12 p.m. EDT on May 13, 2024, attend the virtual meeting on May 14, 2024 at 10 a.m. EDT, and then click on the "Vote" link. Information regarding how to virtually

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