secwatch.observer — SEC 8-K summary
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Issuer:     MID PENN BANCORP INC (MPB)
CIK:        0000879635
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001193125-24-003454
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Mid Penn Bancorp CFO Allison Johnson departs; salary continued through April 2024
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- CFO Allison Johnson and company mutually agreed to separation effective Dec 29, 2023.
- Johnson receives base salary through Apr 28, 2024, plus $12,000/yr for 15 years under SERP.
- She retains ~$70,197 of unvested retention bonus awarded in 2022.
- Departure not related to any disagreement on financial performance; successor to be named later.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879635/000119312524003454/0001193125-24-003454-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879635/000119312524003454/d27570d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-003454

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer