Meridian Corporation (MRBK): Fourthstone group reports 4.53% beneficial ownership stake
Rhea-AI Filing Summary
Fourthstone LLC and related entities report passive ownership of Meridian Corporation common stock. Fourthstone, as investment adviser, holds 538,390 shares on behalf of advisory clients, representing 4.53% of the 11,890,278 Meridian shares outstanding as of May 7, 2026. Other affiliated funds and entities report various shared voting and dispositive powers over subsets of these shares. The reporting group states the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing control of Meridian Corporation.
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Key Figures
Fourthstone LLC beneficial ownership: 538,390 shares
Fourthstone LLC percent of class: 4.53%
Shares outstanding: 11,890,278 shares
+2 more
5 metrics
Fourthstone LLC beneficial ownership
538,390 shares
Meridian common stock held on behalf of advisory clients
Fourthstone LLC percent of class
4.53%
Portion of Meridian’s common stock outstanding as of May 7, 2026
Shares outstanding
11,890,278 shares
Meridian common stock outstanding as of May 7, 2026
Fourthstone Master Opportunity Fund stake
422,065 shares
Meridian shares with shared voting and dispositive power, 3.55% of class
Fourthstone QP Opportunity Fund stake
116,325 shares
Meridian shares with shared voting and dispositive power, 0.98% of class
Key Terms
beneficially own, shared voting power, shared dispositive power, investment adviser, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own securities owned by Fourthstone"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
investment adviser financial
"in the ordinary course of business as a registered investment adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
percent of class financial
"Row 11 of each cover page are based on 11,890,278 shares"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Meridian (MRBK) does Fourthstone LLC report owning in this Schedule 13G/A?
Fourthstone LLC reports beneficial ownership of 4.53% of Meridian Corporation’s common stock, based on 11,890,278 shares outstanding as of May 7, 2026, as referenced from Meridian’s Form 10-Q.
Is Fourthstone’s Meridian (MRBK) stake reported as passive or for control purposes?
The reporting persons state the Meridian securities were not acquired and are not held for the purpose or effect of changing or influencing control, and are held in the ordinary course of business as an investment adviser.
What ownership does Fourthstone Master Opportunity Fund report in Meridian (MRBK)?
Fourthstone Master Opportunity Fund Ltd reports 422,065 shares of Meridian common stock with shared voting and dispositive power, representing 3.55% of the 11,890,278 shares outstanding as of May 7, 2026.
What role does L. Phillip Stone have in Fourthstone’s Meridian (MRBK) holdings?
L. Phillip Stone, IV is the Managing Member of Fourthstone LLC and Fourthstone GP LLC and may be deemed to beneficially own 538,390 shares of Meridian common stock reported by Fourthstone, corresponding to 4.53% of the outstanding class.
What are the key address and security details for Meridian (MRBK) in this filing?
Meridian Corporation’s principal executive offices are at 9 Old Lincoln Highway, Malvern, PA 19355. The class covered is common stock, $1.00 par value, with CUSIP 58958P104, totaling 11,890,278 shares outstanding as of May 7, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.