In 2023, David E. Sparks earned $1.10M in total compensation at Mid Penn Bancorp, including $679.81K salary, $21.36K bonus and $148.82K in stock. Most recently acquired 1,760 shares in Jun 2023. Currently holds stock worth $824.32K. Has donated $29.80K in stock to charitable causes. Led Mid Penn Bancorp as CEO for 5 years.
Compensation History
Annual executive compensation data for David E. Sparks, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.10M
Salary
$679.81K
Bonus
$21.36K
Other
$252.59K
Salary
$679.81KBoard Justification
The compensation program is designed to attract, motivate, reward, and retain executives, aligning with the interests of shareholders and the strategic goals of the Corporation.
Bonus
$21.36KBoard Justification
Cash incentive payments based on performance metrics for the year 2023.
Other Compensation
$252.59KBoard Justification
Includes contributions to retirement plans, insurance premiums, and other benefits.
Restricted Stock
Board Justification
Restricted stock that vested in 2023, based on performance and continued employment.
Performance Metrics
Performance metrics include return on average tangible common equity, organic loan and deposit growth, and return on average assets.
David E. Sparks
Ex-CEO of Mid Penn Bancorp
Sector of Economy
Financial Services
CEO of Mid Penn Bancorp for
5 years 5 months (Jul 2018 - Jan 2024)
Previous Experience
Unknown
Holdings
Track David E. Sparks's stock holdings and portfolio value over time.
Total Stock Sold
$44.08K
$44.08K
1,554 MPB shares
What if they kept their stock?
If David E. Sparks didn't sell their stock, today they would have:
Extra MPB1,554 shares worth $46.31K.
This is 5.05% and $2.23K more than what they got when they sold the stock.
Charitable Transactions
1,000 shares
MPB
Recent Charitable Transactions
1,000 shares
MPB
Dec 31, 2020
Charity
Insider Trading
David E. Sparks's recent stock transactions, purchases, and sales filed with the SEC.
1,760 shares
MPB
Jun 1, 2023
Received
1,133 shares
MPB
Apr 1, 2022
Received
$14.93K
MPB at $29.86/share
Dec 14, 2021
Sale
703 shares
MPB
Jun 1, 2021
Received
$25.00K
MPB at $25.00/share
Apr 30, 2021
Purchase
1,000 shares
MPB
Dec 31, 2020
Charity
1,000 shares
MPB
Dec 31, 2020
Charity
500 shares
MPB
Jul 24, 2020
Received
$34.76K
MPB at $17.38/share
Mar 12, 2020
Purchase
$20.74K
MPB at $27.65/share
Dec 17, 2019
Sale
Rivals
Compare David E. Sparks with competitor CEOs and industry peers.