MRBK EVP & CFO receives 20,000 Meridian stock options grant

Rhea-AI Filing Summary

Meridian Corp (MRBK) reported that its EVP and Chief Financial Officer received an employee stock option grant. On 11/17/2025, the executive was granted options to purchase 20,000 shares of common stock at an exercise price of $14.43 per share. These options are exercisable until 11/17/2035.

The options vest 25% on the grant date, with the remaining portion vesting in three equal annual installments beginning on the one-year anniversary of the grant. After this grant, the filing shows 20,000 derivative securities beneficially owned directly by the reporting person.

Insights

Equity Compensation Analyst

MRBK granted its CFO 20,000 time-vested stock options at $14.43.

Meridian Corp awarded its EVP and Chief Financial Officer an employee stock option covering 20,000 shares of common stock with an exercise price of $14.43 per share on 11/17/2025. The option expires on 11/17/2035, providing a long-dated incentive aligned with the company’s stock performance.

The vesting structure is time-based: 25% vests at the grant date and the remaining portion vests in three equal annual installments starting on the one-year anniversary of the grant. This structure encourages continued executive service over several years while tying potential value to the future share price. The filing indicates 20,000 derivative securities beneficially owned directly by the executive after this transaction.

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^*

Lindsay Denise

(Last) (First) (Middle)

9 OLD LINCOLN HIGHWAY

(Street)

MALVERN PA 19355

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Meridian Corp [ MRBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

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

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
EMPLOYEE STOCK OPTION	$14.43	11/17/2025		A		20,000		11/17/2025(1)	11/17/2035	COMMON STOCK	20,000	$0	20,000	D

Explanation of Responses:

1. The options vest 25% at the date of each grant and then in three equal annual installments beginning on the 1 year anniversary of each grant.

Remarks:

	/s/ Gregory Gaughan, By Power of Attorney	11/26/2025
	** 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 equity award did Meridian Corp (MRBK) grant to its CFO?

Meridian Corp granted its EVP and Chief Financial Officer an employee stock option covering 20,000 shares of common stock with an exercise price of $14.43 per share.

What is the exercise price and term of the new MRBK stock options?

The employee stock option has an exercise price of $14.43 per share and an expiration date of 11/17/2035, as disclosed in the filing.

How do the Meridian Corp CFO stock options vest?

The options vest 25% on the grant date, with the remaining portion vesting in three equal annual installments beginning on the one-year anniversary of the grant.

When was the Meridian Corp (MRBK) CFO option grant made?

The date of the earliest transaction reported is 11/17/2025, which is the grant date for the employee stock option.

How many derivative securities does the MRBK CFO own after this grant?

Following the reported transaction, the filing lists 20,000 derivative securities beneficially owned directly by the reporting person.

What is the reporting person’s role and relationship to Meridian Corp?

The reporting person is a Director and an Officer, serving as EVP, Chief Financial Officer of Meridian Corp.