Meridian Corp (MRBK) director exercises options, now holds 67,636 shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1,600 shares exercised/converted
Mixed
14 txns
Insider
Collier George C. III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 200 | $6.74 | $1K |
| Exercise | Stock Options | 200 | $13.88 | $3K |
| Exercise | Stock Options | 400 | $9.00 | $4K |
| Exercise | Stock Options | 200 | $10.44 | $2K |
| Exercise | Stock Options | 200 | $12.22 | $2K |
| Exercise | Stock Options | 200 | $15.50 | $3K |
| Exercise | Stock Options | 200 | $13.00 | $3K |
| Exercise | COMMON STOCK | 200 | $6.74 | $1K |
| Exercise | COMMON STOCK | 200 | $13.88 | $3K |
| Exercise | COMMON STOCK | 400 | $9.00 | $4K |
| Exercise | COMMON STOCK | 200 | $10.44 | $2K |
| Exercise | COMMON STOCK | 200 | $12.22 | $2K |
| Exercise | COMMON STOCK | 200 | $15.50 | $3K |
| Exercise | COMMON STOCK | 200 | $13.00 | $3K |
Holdings After Transaction:
Stock Options — 0 shares (Direct);
COMMON STOCK — 66,236 shares (Direct)
Footnotes (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.
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.
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.