Meridian Corp (MRBK) director exercises 10,500 stock options

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

Mixed 2 txns

Insider Holland Robert T.

Role null

Type	Security	Shares	Price	Value
Exercise	Stock Options	10,500	$0.00	--
Exercise	COMMON STOCK	10,500	$7.62	$80K

Holdings After Transaction: Stock Options — 0 shares (Direct, null); COMMON STOCK — 88,052.323 shares (Direct, null)

Footnotes (1)

1. Adjusted for 2/28/2023 two-for-one stock split 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"

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Holland Robert T.

(Last) (First) (Middle)

9 OLD LINCOLN HIGHWAY

(Street)

MALVERN PENNSYLVANIA 19355

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/07/2026		M		10,500	A	$7.62	88,052.323	D

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	$7.62(1)	05/07/2026		M			10,500	06/15/2016(2)	06/15/2026	COMMON STOCK	10,500(1)	$0	0(1)	D

Explanation of Responses:

1. Adjusted for 2/28/2023 two-for-one stock split

2. 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	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many Meridian Corp (MRBK) shares does Robert T. Holland own after this transaction?

After exercising his options, Robert T. Holland directly owns 88,052.323 shares of Meridian Corp common stock. This figure represents his reported direct holdings immediately following the May 7, 2026 option exercise disclosed in the insider filing.

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.