Meridian Corp (MRBK) director acquires stock via grant and 1,000-share purchase

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Meridian Corp director Kenneth Thomas Warriner reported two recent stock acquisitions. On the most recent date, he received a grant of 50 shares of common stock valued at $19.96 per share as restricted stock that will vest in full on the one-year anniversary of the grant.

Earlier, he made an open-market purchase of 1,000 shares of common stock at $18.00 per share. Following these transactions, he directly holds 3,050 shares of Meridian Corp common stock. The filing combines a compensation-related award with a personal share purchase.

Insider Trade Summary

Net Buyer: 1,000 shares ($18,000)

Net Buy 2 txns

Insider Warriner Kenneth Thomas

Role null

Bought 1,000 shs ($18K)

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	50	$19.96	$998.00
Purchase	COMMON STOCK	1,000	$18.00	$18K

Holdings After Transaction: COMMON STOCK — 3,050 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 50 shares Grant reference price: $19.96 per share Open-market purchase: 1,000 shares +3 more

6 metrics

Restricted stock grant 50 shares Common stock grant that vests 100% after one year

Grant reference price $19.96 per share Value per share for 50-share restricted stock grant

Open-market purchase 1,000 shares Common stock bought on the open market

Purchase price $18.00 per share Price paid for 1,000-share open-market purchase

Post-transaction holdings 3,050 shares Directly held Meridian Corp common stock after transactions

Net-buy shares 1,000 shares Net buy-sell direction across reported transactions

Key Terms

restricted stock, open-market purchase, Grant, award, or other acquisition, net-buy

4 terms

restricted stock financial

"Grant of restricted stock that vests 100% on the 1 year anniversary"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

open-market purchase financial

"open-market purchase of 1,000 shares of common stock at $18.00 per share"

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

net-buy financial

"netBuySellDirection": "net-buy""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 03:40 PM Accepted by SEC EDGAR 06/25/2026 - 03:40 PM

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^*

Warriner Kenneth Thomas

(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)
05/11/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	05/11/2026		P		1,000	A	$18	3,000	D
COMMON STOCK	06/12/2026		A		50⁽¹⁾	A	$19.96	3,050	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Grant of restricted stock that vests 100% on the 1 year anniversary of the grant

Remarks:

	/s/ Gregory Gaughan, By Power of Attorney	06/25/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Meridian Corp (MRBK) report for Kenneth Thomas Warriner?

Kenneth Thomas Warriner reported two acquisitions of Meridian Corp common stock: a grant of 50 restricted shares and an open-market purchase of 1,000 shares. Together, these transactions increased his directly held position to 3,050 shares.

How many Meridian Corp (MRBK) shares did the director buy on the open market?

He bought 1,000 shares of Meridian Corp common stock in an open-market transaction at a price of $18.00 per share. This purchase is separate from his 50-share restricted stock grant and forms the main component of his net share increase.

What are the terms of the restricted stock granted to the Meridian Corp (MRBK) director?

He received a grant of 50 shares of restricted Meridian Corp common stock valued at $19.96 per share. According to the disclosure, this restricted stock grant vests 100% on the one-year anniversary of the grant date, subject to its award conditions.

How many Meridian Corp (MRBK) shares does Kenneth Thomas Warriner hold after these transactions?

After the reported grant and open-market purchase, he directly holds 3,050 shares of Meridian Corp common stock. This reflects the addition of 1,000 purchased shares and 50 granted restricted shares, as shown in the post-transaction ownership figures.

Was the Meridian Corp (MRBK) director’s activity primarily buying or selling shares?

His reported activity was entirely on the acquisition side, with no sales. The filing shows one open-market purchase of 1,000 shares and one grant of 50 restricted shares, resulting in a net-buy position of 1,000 shares for the period covered.