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MRBK Chief Credit Officer receives 3,500 employee stock options

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

Rhea-AI Filing Summary

Meridian Corp (MRBK) reported an insider equity award for one of its officers. The company’s Chief Credit Officer received an employee stock option grant for 3,500 shares of common stock on 11/17/2025 with an exercise price of $14.43 per share. These options are listed as directly owned.

The options become exercisable over time: they vest 25% on the grant date and then in three equal annual installments starting on the one-year anniversary of the grant date, continuing through 11/17/2035 as the stated expiration date. This filing is a routine Form 4 disclosure of an officer’s equity-based compensation.

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*
Fox Andrew Nathan

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Credit Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025
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
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
EMPLOYEE STOCK OPTION $14.43 11/17/2025 A 3,500 11/17/2025(1) 11/17/2035 COMMON STOCK 3,500 $0 3,500 D
Explanation of Responses:
1. 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 11/26/2025
** 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 transaction did Meridian Corp (MRBK) report in this Form 4?

Meridian Corp reported that its Chief Credit Officer received an employee stock option grant for 3,500 shares of common stock on 11/17/2025 at an exercise price of $14.43 per share.

Who is the reporting person in the Meridian Corp (MRBK) Form 4 filing?

The reporting person is an officer of Meridian Corp, serving as the company’s Chief Credit Officer, and the form is filed by one reporting person.

How do the Meridian Corp (MRBK) stock options granted on 11/17/2025 vest?

The options vest 25% on the grant date and then in three equal annual installments beginning on the one-year anniversary of each grant, according to the explanation of responses.

What is the expiration date of the Meridian Corp (MRBK) employee stock options?

The employee stock options granted on 11/17/2025 have an expiration date of 11/17/2035, as shown in the derivative securities table.

How many Meridian Corp (MRBK) derivative securities does the officer beneficially own after this transaction?

Following the reported transaction, the officer beneficially owns 3,500 employee stock options, held with direct ownership, according to Table II.

Does this Meridian Corp (MRBK) Form 4 involve derivative or non-derivative securities?

This Form 4 disclosure involves derivative securities, specifically an employee stock option linked to Meridian Corp common stock, reported in Table II.
Meridian Corp

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