STOCK TITAN

Monroe Federal (MFBI) VP awarded restricted stock and 3,685 stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Monroe Federal Bancorp, Inc. reported an equity compensation grant to VP - Retail Banking James C. Conley on January 26, 2026. He received 1,105 shares of restricted common stock at $0 and 3,685 stock options with an exercise price of $11.79 per share.

The restricted shares and options each vest at a rate of 20% per year starting January 26, 2027. After this award, Conley holds 1,605 common shares directly, plus 1,000 shares through an IRA and 124 shares through an ESOP.

Positive

  • None.

Negative

  • None.
Insider Conley James C.
Role VP - Retail Banking
Type Security Shares Price Value
Grant/Award Stock Options 3,685 $0.00 --
Grant/Award Common Stock 1,105 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Options — 3,685 shares (Direct); Common Stock — 1,605 shares (Direct); Common Stock — 1,000 shares (Indirect, By IRA)
Footnotes (1)
  1. Shares of restricted stock vest at a rate of 20% per year commencing on January 26, 2027. Reflect transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended. Stock options vest at a rate of 20% per year commencing on January 26, 2027.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Conley James C.

(Last) (First) (Middle)
24 EAST MAIN STREET

(Street)
TIPP CITY OH 45371

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Monroe Federal Bancorp, Inc. [ MFBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP - Retail Banking
3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/26/2026 A 1,105(1) A $0 1,605 D
Common Stock 1,000 I By IRA
Common Stock 124(2) I By ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $11.79 01/26/2026 A 3,685(3) 01/26/2027 01/26/2036 Common Stock 3,685(3) $0 3,685(3) D
Explanation of Responses:
1. Shares of restricted stock vest at a rate of 20% per year commencing on January 26, 2027.
2. Reflect transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
3. Stock options vest at a rate of 20% per year commencing on January 26, 2027.
/s/ Victor L. Cangelosi, pursuant to power of attorney 01/28/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MFBI report for VP James C. Conley?

Monroe Federal Bancorp, Inc. reported that VP James C. Conley received 1,105 restricted common shares and 3,685 stock options on January 26, 2026. Both awards were granted at no cost to him, as part of equity-based compensation.

What are the vesting terms of James C. Conley’s MFBI restricted stock?

Conley’s 1,105 restricted shares of Monroe Federal Bancorp common stock vest at 20% per year beginning January 26, 2027. This means the award becomes fully vested over five years, subject to the stated schedule in the filing.

What are the details of the MFBI stock options granted to James C. Conley?

Conley received 3,685 stock options with an exercise price of $11.79 per share on January 26, 2026. These options vest at 20% per year starting January 26, 2027, and are scheduled to expire on January 26, 2036.

How many MFBI shares does James C. Conley own after this Form 4?

After the reported transactions, Conley holds 1,605 common shares directly. He also has 1,000 shares held indirectly through an IRA and 124 shares held indirectly through an ESOP, as disclosed in the ownership table.

What was the price paid for the MFBI restricted stock and options granted?

The filing shows Conley’s 1,105 restricted shares and 3,685 stock options were granted at a price of $0 to him. The stock options have an exercise price of $11.79 per share, payable if and when he exercises them.

What role does James C. Conley hold at Monroe Federal Bancorp, Inc. (MFBI)?

James C. Conley is an officer of Monroe Federal Bancorp, Inc., serving as VP - Retail Banking. The Form 4 identifies him in this capacity and reports his equity awards and holdings in the company’s common stock and stock options.