STOCK TITAN

[Form 4] Meridian Corporation Insider Trading Activity

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

Collier George C. III, a Meridian Corp (MRBK) director, reported an insider transaction dated 08/07/2025. The Form 4 shows an acquisition of 10,500 shares of common stock at $7.62 per share, and the report lists 66,036 shares as beneficially owned following the transaction. The filing records the acquisition as associated with stock options and includes related derivative details.

The derivative section shows the exercised options had an exercise price of $7.62, were exercisable from 06/15/2016, and expire on 06/15/2026. The filing includes a note adjusting for a 2/28/2023 two-for-one stock split and describes the options' vesting schedule. The Form 4 was signed by a power of attorney on 08/08/2025.

Collier George C. III, un direttore di Meridian Corp (MRBK), ha segnalato una transazione di insider datata 08/07/2025. Il Modulo 4 indica l'acquisizione di 10,500 shares of common stock a $7.62 per azione, e il report riporta 66,036 shares come beneficiariamente possedute dopo la transazione. La dichiarazione registra l'acquisto come associato a opzioni su azioni e include i relativi dettagli sui derivati.

La sezione sui derivati mostra che le opzioni esercitate avevano un prezzo di esercizio di $7.62, erano esercitabili a partire dal 06/15/2016 e scadono il 06/15/2026. Il documento include una nota che rettifica per un 2/28/2023 two-for-one stock split e descrive il programma di vesting delle opzioni. Il Modulo 4 è stato firmato per procura il 08/08/2025.

Collier George C. III, director de Meridian Corp (MRBK), informó una operación de insider fechada 08/07/2025. El Formulario 4 muestra la adquisición de 10,500 shares of common stock a $7.62 por acción, y el informe lista 66,036 shares como beneficiariamente poseídas tras la transacción. La presentación registra la adquisición como relacionada con opciones sobre acciones e incluye los detalles derivados correspondientes.

La sección de derivados indica que las opciones ejercidas tenían un precio de ejercicio de $7.62, eran ejercitables desde 06/15/2016 y vencen el 06/15/2026. La presentación incluye una nota que ajusta por un 2/28/2023 two-for-one stock split y describe el calendario de vesting de las opciones. El Formulario 4 fue firmado por apoderado el 08/08/2025.

Collier George C. III, Meridian Corp (MRBK) 이사, 08/07/2025자 내부자 거래를 신고했습니다. Form 4에는 10,500 shares of common stock을 주당 $7.62에 취득했으며, 보고서에는 거래 후 66,036 shares를 실질적으로 보유한 것으로 기재되어 있습니다. 제출 서류는 해당 취득을 주식옵션과 연관된 것으로 기록하고 관련 파생상품 세부사항을 포함합니다.

파생상품 항목에는 행사된 옵션의 행사가격이 $7.62이며, 06/15/2016부터 행사 가능하고 06/15/2026에 만료된다고 나옵니다. 서류에는 2/28/2023 two-for-one stock split을 조정한 메모가 포함되어 있고 옵션의 베스팅(vesting) 일정도 설명되어 있습니다. Form 4는 08/08/2025에 위임장에 의해 서명되었습니다.

Collier George C. III, administrateur de Meridian Corp (MRBK), a déclaré une opération d'initié datée du 08/07/2025. Le Formulaire 4 indique une acquisition de 10,500 shares of common stock au prix de $7.62 par action, et le rapport liste 66,036 shares comme détenues à titre bénéficiaire après la transaction. Le dépôt enregistre l'acquisition comme liée à des options sur actions et inclut les détails dérivés correspondants.

La section des dérivés montre que les options exercées avaient un prix d'exercice de $7.62, étaient exerçables à partir du 06/15/2016 et expirent le 06/15/2026. Le dépôt inclut une note ajustant pour un 2/28/2023 two-for-one stock split et décrit le calendrier de vesting des options. Le Formulaire 4 a été signé par procuration le 08/08/2025.

Collier George C. III, ein Direktor von Meridian Corp (MRBK), meldete eine Insider-Transaktion datiert 08/07/2025. Das Formular 4 zeigt den Erwerb von 10,500 shares of common stock zu $7.62 pro Aktie, und der Bericht gibt 66,036 shares als wirtschaftlich gehalten nach der Transaktion an. Die Einreichung führt den Erwerb als im Zusammenhang mit Aktienoptionen stehend auf und enthält zugehörige Derivatangaben.

Der Derivat-Abschnitt weist aus, dass die ausgeübten Optionen einen Ausübungspreis von $7.62 hatten, ab 06/15/2016 ausübbar waren und am 06/15/2026 verfallen. Die Einreichung enthält eine Notiz, die einen 2/28/2023 two-for-one stock split berücksichtigt, und beschreibt den Vesting-Zeitplan der Optionen. Das Formular 4 wurde am 08/08/2025 per Vollmacht unterzeichnet.

Positive
  • Acquisition disclosed: 10,500 common shares acquired at $7.62 on 08/07/2025
  • Increased ownership: Beneficial ownership reported as 66,036 shares following the transaction
  • Full derivative detail provided: exercise price, exercisable date (06/15/2016), expiration (06/15/2026), vesting schedule, and split adjustment are disclosed
Negative
  • None.

Insights

TL;DR: Director exercised options and acquired 10,500 shares at $7.62, increasing reported beneficial ownership to 66,036 shares.

The Form 4 documents a routine insider exercise and subsequent acquisition dated 08/07/2025. Acquisition of 10,500 common shares at $7.62 per share appears to have resulted from option conversion (code M). The filing clearly states the exercised options carried a $7.62 strike, were exercisable as of 06/15/2016, and expire 06/15/2026. The filing also notes a 2/28/2023 two-for-one split and the options' vesting cadence. For investors, this is a clear disclosure of ownership change without other operational or financial detail.

TL;DR: Transaction is a documented director option exercise and share acquisition with vesting and split adjustments disclosed.

The submission provides appropriate governance disclosure: relationship to issuer (Director), transaction date (08/07/2025), and POA signature (08/08/2025). The derivative table shows 10,500 options converted into common shares and reports zero remaining derivative securities after the transaction. The explanatory footnote clarifies post-split share counts and the multi-stage vesting schedule. This Form 4 meets standard Section 16 reporting requirements and does not include additional governance anomalies.

Collier George C. III, un direttore di Meridian Corp (MRBK), ha segnalato una transazione di insider datata 08/07/2025. Il Modulo 4 indica l'acquisizione di 10,500 shares of common stock a $7.62 per azione, e il report riporta 66,036 shares come beneficiariamente possedute dopo la transazione. La dichiarazione registra l'acquisto come associato a opzioni su azioni e include i relativi dettagli sui derivati.

La sezione sui derivati mostra che le opzioni esercitate avevano un prezzo di esercizio di $7.62, erano esercitabili a partire dal 06/15/2016 e scadono il 06/15/2026. Il documento include una nota che rettifica per un 2/28/2023 two-for-one stock split e descrive il programma di vesting delle opzioni. Il Modulo 4 è stato firmato per procura il 08/08/2025.

Collier George C. III, director de Meridian Corp (MRBK), informó una operación de insider fechada 08/07/2025. El Formulario 4 muestra la adquisición de 10,500 shares of common stock a $7.62 por acción, y el informe lista 66,036 shares como beneficiariamente poseídas tras la transacción. La presentación registra la adquisición como relacionada con opciones sobre acciones e incluye los detalles derivados correspondientes.

La sección de derivados indica que las opciones ejercidas tenían un precio de ejercicio de $7.62, eran ejercitables desde 06/15/2016 y vencen el 06/15/2026. La presentación incluye una nota que ajusta por un 2/28/2023 two-for-one stock split y describe el calendario de vesting de las opciones. El Formulario 4 fue firmado por apoderado el 08/08/2025.

Collier George C. III, Meridian Corp (MRBK) 이사, 08/07/2025자 내부자 거래를 신고했습니다. Form 4에는 10,500 shares of common stock을 주당 $7.62에 취득했으며, 보고서에는 거래 후 66,036 shares를 실질적으로 보유한 것으로 기재되어 있습니다. 제출 서류는 해당 취득을 주식옵션과 연관된 것으로 기록하고 관련 파생상품 세부사항을 포함합니다.

파생상품 항목에는 행사된 옵션의 행사가격이 $7.62이며, 06/15/2016부터 행사 가능하고 06/15/2026에 만료된다고 나옵니다. 서류에는 2/28/2023 two-for-one stock split을 조정한 메모가 포함되어 있고 옵션의 베스팅(vesting) 일정도 설명되어 있습니다. Form 4는 08/08/2025에 위임장에 의해 서명되었습니다.

Collier George C. III, administrateur de Meridian Corp (MRBK), a déclaré une opération d'initié datée du 08/07/2025. Le Formulaire 4 indique une acquisition de 10,500 shares of common stock au prix de $7.62 par action, et le rapport liste 66,036 shares comme détenues à titre bénéficiaire après la transaction. Le dépôt enregistre l'acquisition comme liée à des options sur actions et inclut les détails dérivés correspondants.

La section des dérivés montre que les options exercées avaient un prix d'exercice de $7.62, étaient exerçables à partir du 06/15/2016 et expirent le 06/15/2026. Le dépôt inclut une note ajustant pour un 2/28/2023 two-for-one stock split et décrit le calendrier de vesting des options. Le Formulaire 4 a été signé par procuration le 08/08/2025.

Collier George C. III, ein Direktor von Meridian Corp (MRBK), meldete eine Insider-Transaktion datiert 08/07/2025. Das Formular 4 zeigt den Erwerb von 10,500 shares of common stock zu $7.62 pro Aktie, und der Bericht gibt 66,036 shares als wirtschaftlich gehalten nach der Transaktion an. Die Einreichung führt den Erwerb als im Zusammenhang mit Aktienoptionen stehend auf und enthält zugehörige Derivatangaben.

Der Derivat-Abschnitt weist aus, dass die ausgeübten Optionen einen Ausübungspreis von $7.62 hatten, ab 06/15/2016 ausübbar waren und am 06/15/2026 verfallen. Die Einreichung enthält eine Notiz, die einen 2/28/2023 two-for-one stock split berücksichtigt, und beschreibt den Vesting-Zeitplan der Optionen. Das Formular 4 wurde am 08/08/2025 per Vollmacht unterzeichnet.

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*
Collier George C. III

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
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 08/07/2025 M 10,500 A $7.62 66,036 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 $7.62(1) 08/07/2025 M 10,500 06/15/2016(2) 06/15/2026 COMMON STOCK 10,500(1) $7.62 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 insider transaction did Collier (MRBK) report on 08/07/2025?

The Form 4 reports that Collier George C. III acquired 10,500 common shares on 08/07/2025, coded as an option-related transaction.

At what price were the MRBK shares acquired by the director?

The reported acquisition price was $7.62 per share.

How many MRBK shares does Collier beneficially own after the transaction?

The filing lists 66,036 shares as beneficially owned following the 08/07/2025 transaction.

What derivative details are disclosed in the Form 4 for MRBK?

The Form 4 shows 10,500 stock options with an exercise price of $7.62, exercisable from 06/15/2016 and expiring 06/15/2026, and reports 0 derivative securities remaining after the transaction.

Was there any corporate action affecting share counts noted in the filing?

Yes. The filing includes an explanatory note that figures were adjusted for a 2/28/2023 two-for-one stock split.

Who signed the Form 4 filing for Collier?

The filing was signed /s/ Gregory Gaughan, By Power of Attorney on 08/08/2025.
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