Meridian Corp (MRBK) director exercises 600 stock options into common shares

Rhea-AI Filing Summary

Meridian Corp director Edward J. Hollin exercised stock options to acquire 600 shares of common stock on 2026-04-29. These transactions increase his direct equity exposure through option exercises rather than open-market purchases.

The options were exercised in three lots of 200 shares each at exercise prices of $13.00, $12.22 and $13.88 per share, reflecting previously granted awards that vest over time. No shares were sold in these transactions.

Insider Trade Summary

600 shares exercised/converted

Mixed 6 txns

Insider Hollin Edward J.

Role null

Type	Security	Shares	Price	Value
Exercise	Stock Options	200	$0.00	--
Exercise	Stock Options	200	$0.00	--
Exercise	Stock Options	200	$0.00	--
Exercise	COMMON STOCK	200	$13.88	$3K
Exercise	COMMON STOCK	200	$12.22	$2K
Exercise	COMMON STOCK	200	$13.00	$3K

Holdings After Transaction: Stock Options — 0 shares (Direct, null); COMMON STOCK — 51,226 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 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

Shares acquired via exercises: 600 shares First option exercise price: $13.00/share Second option exercise price: $12.22/share +2 more

5 metrics

Shares acquired via exercises 600 shares Total common shares from option exercises on 2026-04-29

First option exercise price $13.00/share Exercise of 200 stock options into common stock

Second option exercise price $12.22/share Exercise of 200 stock options into common stock

Third option exercise price $13.88/share Exercise of 200 stock options into common stock

Option exercise date 2026-04-29 All six Form 4 transactions reported on this date

Key Terms

Stock Options, two-for-one stock split, vest, exercise or conversion of derivative security

4 terms

Stock Options financial

"security_title: "Stock Options" with underlying 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 states: "Adjusted for 2/28/2023 two-for-one stock split""

vest financial

"Footnotes describe options that "vest 25% at the date of each grant""

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

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^*

Hollin Edward J.

(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)
04/29/2026

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	04/29/2026		M		200	A	$13.88	51,226	D
COMMON STOCK	04/29/2026		M		200	A	$12.22	51,426	D
COMMON STOCK	04/29/2026		M		200	A	$13	51,626	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	$13.88(1)	04/29/2026		M			200	05/21/2021(2)	05/21/2031	COMMON STOCK	200(1)	$0	0(1)	D
Stock Options	$12.22(1)	04/29/2026		M			200	02/26/2021(3)	02/26/2031	COMMON STOCK	200(1)	$0	0(1)	D
Stock Options	$13(1)	04/29/2026		M			200	07/29/2021(2)	07/29/2031	COMMON STOCK	200(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

3. 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	04/30/2026
	** 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) director Edward J. Hollin report?

Edward J. Hollin exercised stock options to acquire 600 shares of Meridian Corp common stock. The Form 4 shows three separate option exercises, each for 200 shares, converting previously granted options into directly held common shares without any accompanying stock sales.

How many Meridian Corp (MRBK) shares did Hollin acquire through option exercises?

Hollin acquired a total of 600 shares of Meridian Corp common stock via option exercises. The filing details three non-derivative transactions of 200 shares each, all dated 2026-04-29, reflecting the exercise of vested stock options into directly owned common shares.

At what prices were Edward J. Hollin’s Meridian Corp (MRBK) stock options exercised?

Hollin exercised options with exercise prices of $13.00, $12.22 and $13.88 per share. Each exercise covered 200 underlying common shares, converting these options into Meridian Corp common stock as part of his previously granted, time-vesting equity awards.

Did Meridian Corp (MRBK) director Hollin sell any shares in this Form 4 filing?

No, the Form 4 shows only option exercises and no stock sales. All reported transactions are coded “M” for derivative exercises, with zero sell transactions disclosed, indicating a shift from option-based compensation into directly held common shares.

What do the vesting footnotes mean in Edward J. Hollin’s Meridian Corp (MRBK) Form 4?

The footnotes explain that the options vest 25% on the grant date, then in three equal annual installments beginning one year after each grant. This schedule means the options became exercisable over time, enabling Hollin’s 2026-04-29 exercises of 600 underlying common shares.