Norcross & GAH Capital Increase Mid Penn Stake to 9.69%

2026-05-01SEC Filing SCHEDULE 13D/A (0001193125-26-201620)

Philip A. Norcross, alongside GAH Capital, LLC and GAH Capital Trust, filed an Amendment No. 6 to Schedule 13D on May 1, 2026, regarding their holdings in Mid Penn Bancorp, Inc. (MPB). The filing details a significant internal transfer on April 30, 2026, where General American Capital LLC transferred 2,436,379 shares of common stock to GAH Capital, LLC. GAH Capital Trust serves as the sole member of GAH Capital, LLC, and Philip A. Norcross acts as the Manager and Trustee with delegated investment authority. Consequently, the Indiana Pacific General Trust and Susan D. Hudson are no longer reporting persons. Following this transfer, the reporting group beneficially owns 2,451,458 shares, representing approximately 9.69% of the issuer's outstanding common stock. Notably, the reporting persons have filed a notice under the Change in Bank Control Act seeking regulatory non-objection to potentially increase their aggregate ownership up to a maximum of 24.99% through future market transactions. The shares were acquired for investment purposes.

Ticker mentioned:MPBInstitution mentioned:NORCROSS PHILIP A
Related industry:Banks - Regional