Meridian Corp (MRBK) director buys 1,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meridian Corp director Kenneth Thomas Warriner reported an open-market purchase of common stock. He bought 1,000 shares of Meridian Corp common stock at $18.415 per share, increasing his direct holdings to 2,000 shares of common stock following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($18,415)
Net Buy
1 txn
Insider
Warriner Kenneth Thomas
Role
null
Bought
1,000 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 1,000 | $18.415 | $18K |
Holdings After Transaction:
COMMON STOCK — 2,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 1,000 shares
Purchase price per share: $18.415 per share
Shares owned after transaction: 2,000 shares
3 metrics
Shares purchased
1,000 shares
Open-market purchase of common stock
Purchase price per share
$18.415 per share
Price for common stock transaction
Shares owned after transaction
2,000 shares
Director’s direct holdings following trade
Key Terms
open-market purchase, COMMON STOCK, direct ownership
3 terms
open-market purchase financial
"reported an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
COMMON STOCK financial
"security_title: "COMMON STOCK" in the Form 4 data"
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.
direct ownership financial
"The filing classifies the transaction as direct ownership, indicated by code “D”."
FAQ
What insider transaction did Meridian Corp (MRBK) report?
Meridian Corp reported that director Kenneth Thomas Warriner made an open-market purchase of 1,000 shares of common stock. The transaction was recorded on a Form 4 insider filing with the U.S. Securities and Exchange Commission.
Was the Meridian Corp (MRBK) insider transaction a purchase or a sale?
The Form 4 shows a purchase. Director Kenneth Thomas Warriner executed an open-market purchase coded as transaction type “P,” indicating he bought 1,000 shares rather than selling or disposing of existing holdings.
Is the Meridian Corp (MRBK) insider transaction categorized as direct ownership?
Yes. The filing classifies the transaction as direct ownership, indicated by the ownership code “D.” This means the 2,000 shares reported after the transaction are held directly by the director, not through an intermediary entity.