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Meridian Corp (MRBK) director exercises options, now holds 67,636 shares

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

Rhea-AI Filing Summary

Meridian Corp director Collier George C. III reported exercising stock options that converted into 1,600 shares of common stock on March 6, 2026, at exercise prices ranging from $6.74 to $15.50 per share.

Following these option exercises, he directly owns 67,636 shares of Meridian common stock. The filing shows only option exercises and no open‑market purchases or sales, indicating compensation-related equity being turned into common shares.

Positive

  • None.

Negative

  • None.
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*
Collier George C. III

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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 03/06/2026 M 200 A $6.74 66,236 D
COMMON STOCK 03/06/2026 M 200 A $13.88 66,436 D
COMMON STOCK 03/06/2026 M 400 A $9 66,836 D
COMMON STOCK 03/06/2026 M 200 A $10.44 67,036 D
COMMON STOCK 03/06/2026 M 200 A $12.22 67,236 D
COMMON STOCK 03/06/2026 M 200 A $15.5 67,436 D
COMMON STOCK 03/06/2026 M 200 A $13 67,636 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 $6.74(1) 03/06/2026 M 200 04/02/2020(2) 04/02/2030 COMMON STOCK 200(1) $6.74 0(1) D
Stock Options $13.88(1) 03/06/2026 M 200 05/21/2021(2) 05/21/2031 COMMON STOCK 200(1) $13.88 0(1) D
Stock Options $9(1) 03/06/2026 M 400 11/04/2020(2) 11/04/2030 COMMON STOCK 400(1) $9 0(1) D
Stock Options $10.44(1) 03/06/2026 M 200 02/05/2023(2) 02/05/2030 COMMON STOCK 200(1) $10.44 0(1) D
Stock Options $12.22(1) 03/06/2026 M 200 02/26/2021(2) 02/26/2031 COMMON STOCK 200(1) $12.22 0(1) D
Stock Options $15.5(1) 03/06/2026 M 200 11/04/2021(2) 11/04/2031 COMMON STOCK 200(1) $15.5 0(1) D
Stock Options $13(1) 03/06/2026 M 200 07/29/2021(2) 07/29/2031 COMMON STOCK 200(1) $13 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 03/11/2026
** 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 activity did Meridian Corp (MRBK) disclose in this Form 4?

Meridian Corp director Collier George C. III disclosed exercising stock options into 1,600 shares of common stock on March 6, 2026. These transactions reflect compensation-related option exercises rather than open‑market buying or selling activity.

How many Meridian Corp (MRBK) shares does the director hold after these transactions?

After exercising options, Collier George C. III directly holds 67,636 shares of Meridian Corp common stock. This total reflects the added 1,600 shares from option exercises reported in the Form 4 on March 6, 2026.

Were any Meridian Corp (MRBK) shares sold in this Form 4 filing?

No shares were sold in this Form 4. All reported transactions are code M option exercises that converted stock options into 1,600 common shares, with no open‑market sales or tax‑withholding dispositions disclosed in the data.

What types of securities did the Meridian Corp (MRBK) director exercise?

The director exercised stock options that were convertible into common stock of Meridian Corp. Seven separate option grants were exercised, each delivering underlying common shares at exercise prices between $6.74 and $15.50 per share.

What do the exercise prices in the Meridian Corp (MRBK) Form 4 indicate?

The options were exercised at preset prices ranging from $6.74 to $15.50 per share. These prices reflect the original grant terms and show the cost at which the director converted option awards into Meridian Corp common stock.

Does the Meridian Corp (MRBK) Form 4 show remaining stock options for the director?

The derivative position summary is empty, and the option lines show zero shares following the transactions. This indicates the reported option grants were fully exercised, leaving no remaining derivative holdings from these specific awards.
Meridian Corp

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