STOCK TITAN

[Form 4] Meridian Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Lindsay Denise, EVP and Chief Financial Officer and a director of Meridian Corporation (MRBK), exercised employee stock options on 08/08/2025. She exercised 5,000 options at an exercise price of $8.50 per share, resulting in the acquisition of 5,000 common shares and increasing her direct beneficial ownership to 93,600 shares. The derivative holdings tied to those options are reported as 0 following the transaction. The filing notes the options and share counts were adjusted for a two-for-one stock split on 02/28/2023, and describes the original vesting schedule: 25% at grant date with the remainder vesting in three equal annual installments beginning one year after each grant. The report was submitted on a Form 4 and is an insider transaction disclosure.

Lindsay Denise, EVP e Chief Financial Officer e membro del consiglio di Meridian Corporation (MRBK), ha esercitato opzioni su azioni riservate ai dipendenti in data 08/08/2025. Ha esercitato 5,000 opzioni al prezzo di esercizio di $8.50 per azione, acquisendo 5,000 azioni ordinarie e portando la sua partecipazione diretta a 93,600 azioni. Le partecipazioni derivate legate a quelle opzioni risultano dichiarate pari a 0 dopo la transazione. La comunicazione precisa che i conteggi di opzioni e azioni sono stati adeguati per uno stock split due per uno il 02/28/2023 e descrive il piano di maturazione originario: 25% alla data di assegnazione, con il restante che matura in tre rate annuali uguali a partire da un anno dopo ciascuna assegnazione. La segnalazione è stata presentata su un Form 4 ed è una comunicazione relativa a un'operazione di insider.

Lindsay Denise, EVP y Chief Financial Officer y consejera de Meridian Corporation (MRBK), ejerció opciones sobre acciones para empleados el 08/08/2025. Ejerció 5,000 opciones a un precio de ejercicio de $8.50 por acción, adquiriendo 5,000 acciones ordinarias y elevando su propiedad directa beneficiaria a 93,600 acciones. Las participaciones derivadas vinculadas a esas opciones se informan como 0 tras la operación. El informe indica que los conteos de opciones y acciones se ajustaron por un split de acciones dos por uno el 02/28/2023, y describe el calendario de adquisición original: 25% en la fecha de concesión y el resto en tres cuotas anuales iguales que comienzan un año después de cada concesión. El reporte se presentó en un Form 4 y es una divulgación de una operación de un insider.

Meridian Corporation(MRBK)의 EVP 겸 최고재무책임자(CFO)이자 이사인 Lindsay Denise는 08/08/2025에 직원 스톡옵션을 행사했습니다. 그녀는 주당 행사가 $8.50로 5,000옵션을 행사하여 보통주 5,000주를 취득했으며, 이로써 그녀의 직접적 실질 보유는 93,600주로 증가했습니다. 해당 옵션과 연결된 파생 보유는 거래 후 0으로 보고되었습니다. 신고서는 옵션 및 주식 수가 02/28/2023의 2대1 주식 분할에 맞춰 조정되었음을 명시하고 있으며, 원래의 베스팅 일정은 부여 시 25%가 즉시 베스팅되고 나머지는 각 부여일로부터 1년 후 시작하여 3년에 걸쳐 매년 동일 비율로 베스팅된다고 설명합니다. 해당 보고는 Form 4로 제출된 내부자 거래 공시입니다.

Lindsay Denise, EVP et Chief Financial Officer et administratrice de Meridian Corporation (MRBK), a exercé des options d'achat d'actions attribuées aux employés le 08/08/2025. Elle a exercé 5,000 options au prix d'exercice de 8,50 $ par action, acquérant ainsi 5,000 actions ordinaires et portant sa détention bénéficiaire directe à 93,600 actions. Les positions dérivées liées à ces options sont déclarées à 0 après la transaction. Le dépôt indique que les totaux d'options et d'actions ont été ajustés en raison d'un split deux pour un le 02/28/2023, et décrit le calendrier d'acquisition initial : 25 % à la date d'attribution, le solde étant acquis en trois versements annuels égaux commençant un an après chaque attribution. Le rapport a été soumis sur un Form 4 et constitue une divulgation d'opération d'initié.

Lindsay Denise, EVP und Chief Financial Officer sowie Direktorin von Meridian Corporation (MRBK), übte am 08/08/2025 Mitarbeiter-Aktienoptionen aus. Sie übte 5.000 Optionen zu einem Ausübungspreis von $8,50 je Aktie aus, wodurch sie 5.000 Stammaktien erwarb und ihr direktes wirtschaftliches Eigentum auf 93,600 Aktien erhöhte. Die mit diesen Optionen verbundenen derivativen Bestände werden nach der Transaktion mit 0 ausgewiesen. Die Meldung weist darauf hin, dass Options- und Aktienzahlen aufgrund eines Two-for-One-Aktiensplits am 02/28/2023 angepasst wurden, und beschreibt den ursprünglichen Vesting-Zeitplan: 25% am Gewährungsdatum, der Rest in drei gleichen jährlichen Tranchen, beginnend jeweils ein Jahr nach jeder Gewährung. Der Bericht wurde auf einem Form 4 eingereicht und ist eine Offenlegung einer Insider-Transaktion.

Positive
  • Exercised 5,000 employee stock options at $8.50 per share on 08/08/2025
  • Direct beneficial ownership increased to 93,600 shares following the transaction
Negative
  • None.

Insights

TL;DR: Routine option exercise by Meridian CFO; increases direct share ownership to 93,600 shares.

This Form 4 discloses a standard exercise of employee stock options by an executive who is also a director. The filing shows 5,000 options exercised at $8.50 per share on 08/08/2025, resulting in 5,000 common shares acquired and direct holdings of 93,600 shares post-transaction. Derivative holdings tied to these options are reported as zero after the exercise. This is a typical equity compensation event and does not, by itself, indicate a change in company operations or financial condition.

TL;DR: Insider exercise aligns executive compensation into direct equity; disclosure follows Section 16 reporting requirements.

The report identifies Lindsay Denise as both an officer (EVP, CFO) and a director, and documents the conversion of employee stock options into common shares. The filing includes explicit vesting terms and a note that share figures were adjusted for a 2/28/2023 two-for-one split, supporting transparent disclosure. As filed on Form 4, this satisfies insider transaction reporting obligations; the disclosure itself is procedural and routine absent additional context.

Lindsay Denise, EVP e Chief Financial Officer e membro del consiglio di Meridian Corporation (MRBK), ha esercitato opzioni su azioni riservate ai dipendenti in data 08/08/2025. Ha esercitato 5,000 opzioni al prezzo di esercizio di $8.50 per azione, acquisendo 5,000 azioni ordinarie e portando la sua partecipazione diretta a 93,600 azioni. Le partecipazioni derivate legate a quelle opzioni risultano dichiarate pari a 0 dopo la transazione. La comunicazione precisa che i conteggi di opzioni e azioni sono stati adeguati per uno stock split due per uno il 02/28/2023 e descrive il piano di maturazione originario: 25% alla data di assegnazione, con il restante che matura in tre rate annuali uguali a partire da un anno dopo ciascuna assegnazione. La segnalazione è stata presentata su un Form 4 ed è una comunicazione relativa a un'operazione di insider.

Lindsay Denise, EVP y Chief Financial Officer y consejera de Meridian Corporation (MRBK), ejerció opciones sobre acciones para empleados el 08/08/2025. Ejerció 5,000 opciones a un precio de ejercicio de $8.50 por acción, adquiriendo 5,000 acciones ordinarias y elevando su propiedad directa beneficiaria a 93,600 acciones. Las participaciones derivadas vinculadas a esas opciones se informan como 0 tras la operación. El informe indica que los conteos de opciones y acciones se ajustaron por un split de acciones dos por uno el 02/28/2023, y describe el calendario de adquisición original: 25% en la fecha de concesión y el resto en tres cuotas anuales iguales que comienzan un año después de cada concesión. El reporte se presentó en un Form 4 y es una divulgación de una operación de un insider.

Meridian Corporation(MRBK)의 EVP 겸 최고재무책임자(CFO)이자 이사인 Lindsay Denise는 08/08/2025에 직원 스톡옵션을 행사했습니다. 그녀는 주당 행사가 $8.50로 5,000옵션을 행사하여 보통주 5,000주를 취득했으며, 이로써 그녀의 직접적 실질 보유는 93,600주로 증가했습니다. 해당 옵션과 연결된 파생 보유는 거래 후 0으로 보고되었습니다. 신고서는 옵션 및 주식 수가 02/28/2023의 2대1 주식 분할에 맞춰 조정되었음을 명시하고 있으며, 원래의 베스팅 일정은 부여 시 25%가 즉시 베스팅되고 나머지는 각 부여일로부터 1년 후 시작하여 3년에 걸쳐 매년 동일 비율로 베스팅된다고 설명합니다. 해당 보고는 Form 4로 제출된 내부자 거래 공시입니다.

Lindsay Denise, EVP et Chief Financial Officer et administratrice de Meridian Corporation (MRBK), a exercé des options d'achat d'actions attribuées aux employés le 08/08/2025. Elle a exercé 5,000 options au prix d'exercice de 8,50 $ par action, acquérant ainsi 5,000 actions ordinaires et portant sa détention bénéficiaire directe à 93,600 actions. Les positions dérivées liées à ces options sont déclarées à 0 après la transaction. Le dépôt indique que les totaux d'options et d'actions ont été ajustés en raison d'un split deux pour un le 02/28/2023, et décrit le calendrier d'acquisition initial : 25 % à la date d'attribution, le solde étant acquis en trois versements annuels égaux commençant un an après chaque attribution. Le rapport a été soumis sur un Form 4 et constitue une divulgation d'opération d'initié.

Lindsay Denise, EVP und Chief Financial Officer sowie Direktorin von Meridian Corporation (MRBK), übte am 08/08/2025 Mitarbeiter-Aktienoptionen aus. Sie übte 5.000 Optionen zu einem Ausübungspreis von $8,50 je Aktie aus, wodurch sie 5.000 Stammaktien erwarb und ihr direktes wirtschaftliches Eigentum auf 93,600 Aktien erhöhte. Die mit diesen Optionen verbundenen derivativen Bestände werden nach der Transaktion mit 0 ausgewiesen. Die Meldung weist darauf hin, dass Options- und Aktienzahlen aufgrund eines Two-for-One-Aktiensplits am 02/28/2023 angepasst wurden, und beschreibt den ursprünglichen Vesting-Zeitplan: 25% am Gewährungsdatum, der Rest in drei gleichen jährlichen Tranchen, beginnend jeweils ein Jahr nach jeder Gewährung. Der Bericht wurde auf einem Form 4 eingereicht und ist eine Offenlegung einer Insider-Transaktion.

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*
Lindsay Denise

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025
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
COMMON STOCK 08/08/2025 M 5,000 A $8.5 93,600 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
EMPLOYEE STOCK OPTION $8.5(1) 08/08/2025 M 5,000 06/03/2019(2) 06/03/2029 COMMON STOCK 5,000(1) $8.5 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.
Remarks:
/s/ Gregory Gaughan, By Power of Attorney 08/08/2025
** 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 did MRBK insider Lindsay Denise report on Form 4?

The Form 4 reports that Lindsay Denise exercised 5,000 employee stock options at an exercise price of $8.50 per share on 08/08/2025.

How many shares does Lindsay Denise own after the reported transaction (MRBK)?

Following the reported transaction, she beneficially owns 93,600 shares directly.

Were any derivative securities remaining after the exercise?

The filing reports 0 derivative securities beneficially owned following the reported transactions tied to these options.

Was there any adjustment to option/share counts in the filing?

Yes; the filing states figures were adjusted for a two-for-one stock split on 02/28/2023.

What vesting schedule is described for the options?

The filing explains the options vest 25% at grant date and then in three equal annual installments beginning one year after each grant.
Meridian Corp

NASDAQ:MRBK

MRBK Rankings

MRBK Latest News

MRBK Latest SEC Filings

MRBK Stock Data

163.69M
8.95M
20.72%
60.24%
2%
Banks - Regional
National Commercial Banks
Link
United States
MALVERN