{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-108817","form_type":"8-K","ticker":null,"cik":"0001828376","company_name":"William Penn Bancorporation","filed_at":"2025-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.980685+00:00","generated_at":"2026-05-23T00:59:18.280678+00:00","sec_items":["2.01","3.01","3.03","5.01","5.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"William Penn acquired by Mid Penn; shareholders get 0.426 Mid Penn shares per share","bullets":["Acquisition closed on April 30, 2025; each WMPN share converted into 0.426 shares of Mid Penn common stock.","Total consideration ~3.6M Mid Penn shares issued; up to 538,464 additional shares for stock option exercises.","William Penn directors and officers ceased; Kenneth J. Stephon appointed to Mid Penn board as Class C director.","WMPN common stock delisted from NASDAQ after close of trading on April 30, 2025.","William Penn Bank merged into Mid Penn Bank; Mid Penn is surviving entity."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-108817","json":"https://secwatch.observer/filing/0001193125-25-108817.json","markdown":"https://secwatch.observer/filing/0001193125-25-108817.md","text":"https://secwatch.observer/filing/0001193125-25-108817.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828376/000119312525108817/0001193125-25-108817-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828376/000119312525108817/d949092d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T00:59:18.280678+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":[{"claim_id":"12c90f8563","claim":"Kenneth J. Stephon was appointed as Class C director at William Penn Bancorporation.","evidence_excerpt":"In accordance with the Merger Agreement, Kenneth J. Stephon, former Chairman, President and Chief Executive Officer of William Penn and William Penn Bank, has been appointed to serve as a Class C director of Mid Penn, effective as of the Effective Time","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828376/000119312525108817/0001193125-25-108817-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class C director"}],"fact_type":"executive_change"},{"claim_id":"247a63a138","claim":"Kenneth J. Stephon departed as Chairman, President and Chief Executive Officer at William Penn Bancorporation.","evidence_excerpt":"As of the Effective Time, and pursuant to the terms of the Merger Agreement, William Penn’s directors and executive officers ceased serving as directors and executive officers of William Penn.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828376/000119312525108817/0001193125-25-108817-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased serving"},{"label":"Role","value":"Chairman, President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e91ab716547d89a0bc3df44fadb0d6f6b7adf02e","claim":"William Penn Bancorporation underwent a change of control involving Mid Penn Bancorp, Inc. for 0.426 shares of Mid Penn common stock per William Penn common share (closed 2025-04-30).","evidence_excerpt":"☐ Item 2.01 Completion of Acquisition or Disposition of Assets On April 30, 2025, Mid Penn Bancorp, Inc. (“Mid Penn”), the holding company for Mid Penn Bank, completed its acquisition of William Penn Bancorporation (“William Penn”), the holding company for William Penn Bank, through the merger of William Penn with and into Mid Penn (the “Merger”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828376/000119312525108817/0001193125-25-108817-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Mid Penn Bancorp, Inc."},{"label":"Consideration","value":"0.426 shares of Mid Penn common stock per William Penn common share"},{"label":"Closing","value":"2025-04-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}