{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-249074","form_type":"8-K","ticker":"MPB","cik":"0000879635","company_name":"MID PENN BANCORP INC","filed_at":"2024-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.206322+00:00","generated_at":"2026-05-30T07:10:03.841371+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Mid Penn to acquire William Penn in all-stock deal valued at ~$127M","bullets":["Exchange ratio: 0.4260 MPB shares per WMPN share; implied ~$13.58/share based on MPB close of $31.88.","Transaction value ~$127M; expected close in first half 2025; unanimous board approval.","William Penn had $812M assets, $465M loans, $630M deposits (9/30/24); combined entity ~$6.3B assets.","Ken Stephon (WMPN CEO) to join Mid Penn board as Vice Chair of Mid Penn Bank.","Termination fee of $4.9M payable by WMPN under certain conditions; affiliate letters cover ~9.2% of WMPN shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-249074","json":"https://secwatch.observer/filing/0001193125-24-249074.json","markdown":"https://secwatch.observer/filing/0001193125-24-249074.md","text":"https://secwatch.observer/filing/0001193125-24-249074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/879635/000119312524249074/0001193125-24-249074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/879635/000119312524249074/d831431d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:10:03.841371+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}