---
schema_version: "secwatch.filing_event.v1"
accession: "0000879635-26-000003"
form_type: "8-K"
ticker: "MPB"
cik: "0000879635"
company_name: "MID PENN BANCORP INC"
filed_at: "2026-01-05T23:59:59+00:00"
generated_at: "2026-05-16T11:46:18.854415+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mid Penn Bancorp completes $3.2B AUM Cumberland Advisors acquisition

## Summary
- Acquisition closed Jan 1, 2026; Cumberland Advisors now operates as a Mid Penn subsidiary.
- Consideration: $539.22 cash or 17.79 MPB shares per Cumberland share; ~$1.65M cash + ~127,020 shares issued.
- Earn-out of up to $1M cash and SARs capped at $1.2M, exercisable 1-3 years post-close.
- Cumberland held $3.2B AUM as of Dec 31, 2025; team joins Mid Penn's wealth management unit.

## SEC filing metadata
- accession: 0000879635-26-000003
- form_type: 8-K
- ticker: MPB
- cik: 0000879635
- company_name: MID PENN BANCORP INC
- filed_at: 2026-01-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879635/000087963526000003/0000879635-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879635/000087963526000003/mpb-20260101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000879635-26-000003
- JSON: https://secwatch.observer/filing/0000879635-26-000003.json
- Plain text: https://secwatch.observer/filing/0000879635-26-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.