secwatch.observer — SEC 8-K summary
======================================

Issuer:     MID PENN BANCORP INC (MPB)
CIK:        0000879635
Form:       8-K
Filed at:   2022-03-04T23:59:59+00:00
Accession:  0001564590-22-008630
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mid Penn Bancorp appoints Allison S. Johnson as CFO; Holt departs, Webb interim
-------------------------------------------------------------------------------

- Johnson, currently Spirit of Texas CFO, will become Senior EVP and CFO of Mid Penn and Mid Penn Bank.
- She will start after Simmons completes Spirit merger, expected Q2 2022.
- Compensation: $325K base salary, $100K signing bonus, 4,000 restricted shares vesting over 4 years.
- Donald F. Holt's interim CFO role ended Feb 28, 2022; Justin T. Webb named interim CFO pending Johnson's start.
- Johnson will receive a three-year employment agreement, change-in-control, and SERP with $100K annual retirement benefit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879635/000156459022008630/0001564590-22-008630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879635/000156459022008630/mpb-8k_20220228.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-008630

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