Meridian director exercises 10,500 stock options
Meridian Corp director Robert T. Holland exercised stock options to acquire 10,500 shares of COMMON STOCK on May 7, 2026 at an exercise price of $7.62 per share.
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Form Type
4
Rhea-AI Filing Summary
Meridian Corp director Robert T. Holland exercised stock options to acquire 10,500 shares of COMMON STOCK on May 7, 2026 at an exercise price of $7.62 per share. Following the transaction, he directly owns 88,052.323 shares of Meridian common stock. The derivative entry shows the corresponding stock options for 10,500 shares were fully exercised, leaving no remaining options from this grant before their stated expiration on June 15, 2026.
Insider Trade Summary
10,500 shares exercised/converted
Exercise
2 txns
Insider
Holland Robert T.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 10,500 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 10,500 | $7.62 | $80K |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
COMMON STOCK — 88,052.323 shares (Direct)
Footnotes (2)
- F1. Adjusted for 2/28/2023 two-for-one stock split
- F2. 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.
Key Figures
Options exercised: 10,500 shares
Exercise price: $7.62 per share
Shares owned after: 88,052.323 shares
+2 more
5 metrics
Options exercised
10,500 shares
COMMON STOCK acquired on May 7, 2026
Exercise price
$7.62 per share
Stock options converted into common shares
Shares owned after
88,052.323 shares
Direct COMMON STOCK holdings post-transaction
Options remaining from grant
0 options
Stock Options position following exercise
Option expiration date
June 15, 2026
Expiration for exercised stock options
Key Terms
Exercise or conversion of derivative security, Stock Options, two-for-one stock split, COMMON STOCK
4 terms
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Stock Options financial
"security_title: Stock Options, underlying security COMMON STOCK"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
two-for-one stock split financial
"footnote: Adjusted for 2/28/2023 two-for-one stock split"
A two-for-one stock split doubles the number of a company's outstanding shares by giving shareholders two new shares for every one they own, while the total value of their holdings stays the same because the price per share is roughly halved. It matters to investors because it changes the share count and the per-share math used in valuations (like earnings per share) and can make individual shares more affordable and more liquid—like cutting each pizza slice in half so there are more, smaller slices but the same size pizza.
COMMON STOCK financial
"security_title: COMMON STOCK acquired in non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Meridian Corp (MRBK) report for Robert T. Holland?
Meridian Corp reported that director Robert T. Holland exercised stock options for 10,500 shares of common stock. The transaction occurred on May 7, 2026 and reflects a routine option exercise rather than an open-market purchase or sale.
What was the exercise price of the options Holland exercised at Meridian Corp (MRBK)?
The stock options exercised by Robert T. Holland had an exercise price of $7.62 per share. He converted 10,500 options into an equal number of common shares at this price according to the Form 4 transaction details.
Were any Meridian Corp (MRBK) stock options remaining after Holland’s exercise?
No. The derivative table shows that after the transaction, the reported stock options position was 0.0000. This indicates that the 10,500 options tied to this grant were fully exercised, with none of that specific option grant left outstanding.
When were the exercised Meridian Corp (MRBK) options scheduled to expire?
The exercised Meridian Corp stock options carried an expiration date of June 15, 2026. Exercising 10,500 options before this expiration converted them into common shares, as reflected in the non-derivative holdings reported after the transaction.
Did the Holland Form 4 for Meridian Corp (MRBK) show any stock sales or tax withholding?
The summarized insider data shows no reported sales and no tax-withholding dispositions associated with this transaction. It reflects an option exercise acquiring 10,500 shares, with no separate sale or withholding entries in the transaction summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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