[SCHEDULE 13G/A] Meridian Corporation SEC Filing

Rhea-AI Filing Summary

Fourthstone and related entities report beneficial ownership of 1,084,319 shares of Meridian Corporation common stock, representing 9.61% of the class based on 11,285,278 shares outstanding. The filing breaks the holdings into entity-level amounts: Fourthstone Master Opportunity Fund Ltd. 854,867 shares (7.58%), Fourthstone GP LLC 229,452 shares (2.03%), Fourthstone QP Opportunity Fund LP 228,714 shares (2.03%) and Fourthstone Small-Cap Financials Fund LP 738 shares (0.01%). L. Phillip Stone, IV is reported as beneficial owner of the aggregated 1,084,319 shares.

The cover information shows each reporting person reports zero sole voting or dispositive power and the reported shares are held with shared voting and dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of the issuer. The issuer principal office address and the reporting persons principal business address are provided in the filing.

Positive

• Clear disclosure of a sizable 9.61% beneficial stake in Meridian Corporation with entity-level breakdowns
• Certification that holdings were acquired in the ordinary course and are not intended to change or influence control
• Detailed reporting of shared voting and dispositive power increases transparency for investors
• Percentage basis provided (11,285,278 shares outstanding) enabling context for concentration

Negative

• None.

Insights

Securities Analyst

TL;DR: A significant, passive 9.61% stake is disclosed with entity-level detail and a certification that the position is not intended to change control.

The filing reports 1,084,319 shares beneficially owned by Fourthstone-related reporting persons, representing 9.61% of Meridian Corporation common stock based on 11,285,278 shares outstanding. The disclosure includes entity-level allocations and confirms shared voting and dispositive power rather than sole control. Because the statement is filed on Schedule 13G and the reporting persons certify the holdings were acquired in the ordinary course and not to influence control, this is presented as a passive investment disclosure rather than an activism signal. This level of ownership is material enough to warrant investor attention due to size but is presented as non-control.

Corporate Governance Expert

TL;DR: The filing provides transparent entity breakdowns and explicit certification against control intent, supporting governance clarity.

Itemized reporting by Fourthstone LLC and affiliated funds clarifies which legal vehicles hold the shares and the allocation of shared voting and dispositive power. The certification that the shares were not acquired to influence issuer control reduces immediate governance concerns and frames the position as a passive disclosure. The inclusion of the basis for percentage ownership tied to 11,285,278 outstanding shares adds useful context for assessing concentration. No indications of coordination or group formation are asserted in the filing.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Meridian Corporation

(Name of Issuer)

Common Stock, par value $1.00 per share

(Title of Class of Securities)

58958P104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 58958P104

1

Names of Reporting Persons

Fourthstone LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,084,319.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,084,319.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,084,319.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.61 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).

SCHEDULE 13G

CUSIP No. 58958P104

1

Names of Reporting Persons

Fourthstone Master Opportunity Fund Ltd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 854,867.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 854,867.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

854,867.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.58 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).

SCHEDULE 13G

CUSIP No. 58958P104

1

Names of Reporting Persons

Fourthstone GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 229,452.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 229,452.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

229,452.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.03 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).

SCHEDULE 13G

CUSIP No. 58958P104

1

Names of Reporting Persons

Fourthstone QP Opportunity Fund LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 228,714.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 228,714.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

228,714.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.03 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).

SCHEDULE 13G

CUSIP No. 58958P104

1

Names of Reporting Persons

Fourthstone Small-Cap Financials Fund LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 738.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 738.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

738.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.01 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).

SCHEDULE 13G

CUSIP No. 58958P104

1

Names of Reporting Persons

L. Phillip Stone, IV

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,084,319.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,084,319.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,084,319.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.61 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Meridian Corporation
(b)	Address of issuer's principal executive offices: 9 OLD LINCOLN HIGHWAY, MALVERN, PA, 19355
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed by Fourthstone LLC, a Delaware Limited Liability Company and Investment Adviser ("Fourthstone"). The persons reporting information on this Schedule 13G include, in addition to Fourthstone, a company incorporated in the Cayman Islands ("Fourthstone Master Opportunity Fund"), a Delaware Limited Partnership ("Fourthstone QP Opportunity"), a Delaware Limited Partnership ("Fourthstone Small-Cap Financials"), a Delaware Limited Liability Company ("Fourthstone GP, " General Partner of Fourthstone QP Opportunity and Fourthstone Small-Cap Financials), and L. Phillip Stone, IV, a citizen of the United States of America, who is the Managing Member of Fourthstone and Fourthstone GP (each, a "Reporting Person" and, together, the "Reporting Persons"). Fourthstone directly holds 1,084,319 shares of Common Stock on behalf of its advisory clients. Each of the Reporting Persons listed in this filing certify the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that effect.
(b)	Address or principal business office or, if none, residence: The principal business address of each of the Reporting Persons is as follows: The registered office of Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP is 575 Maryville Centre Drive, Suite 110, St. Louis, MO 63141.
(c)	Citizenship: See response to Item 4 of each of the cover pages.
(d)	Title of class of securities: Common Stock, par value $1.00 per share
(e)	CUSIP No.: 58958P104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of influencing the control of the Issuer. Fourthstone GP LLC is the general partner of and may be deemed to beneficially own securities owned by Fourthstone QP Opportunity Fund LP and Fourthstone Small-Cap Financials Fund LP. L. Phillip Stone, IV, is the Managing Member of Fourthstone LLC and Fourthstone GP and may be deemed to beneficially own securities owned by Fourthstone.The percentages reported in Row 11 of each cover page are based on 11,285,278 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of March 31, 2025, based on the Issuer's Form 10-Q filed with the SEC on May 5, 2025.
(b)	Percent of class: 9.61 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See responses to Item 5 on each cover page.
	(ii) Shared power to vote or to direct the vote: See responses to Item 6 on each cover page.
	(iii) Sole power to dispose or to direct the disposition of: See responses to Item 7 on each cover page.
	(iv) Shared power to dispose or to direct the disposition of: See responses to Item 8 on each cover page.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Fourthstone LLC

Signature:	Amy M. Stone
Name/Title:	Chief Executive Officer
Date:	08/14/2025

Fourthstone Master Opportunity Fund Ltd

Signature:	Amy M. Stone
Name/Title:	Chief Executive Officer
Date:	08/14/2025

Fourthstone GP LLC

Signature:	L. Phillip Stone, IV
Name/Title:	Managing Member of Fourthstone GP LLC
Date:	08/14/2025

Fourthstone QP Opportunity Fund LP

Signature:	Amy M. Stone
Name/Title:	Chief Executive Officer
Date:	08/14/2025

Fourthstone Small-Cap Financials Fund LP

Signature:	Amy M. Stone
Name/Title:	Chief Executive Officer
Date:	08/14/2025

L. Phillip Stone, IV

Signature:	L. Phillip Stone, IV
Name/Title:	Self, Principal owner of Fourthstone LLC
Date:	08/14/2025

FAQ

How many Meridian (MRBK) shares does Fourthstone beneficially own?

Fourthstone-related reporting persons beneficially own 1,084,319 shares of Meridian common stock.

What percentage of MRBK does Fourthstone's position represent?

The aggregate position represents 9.61% of Meridian's common stock based on 11,285,278 shares outstanding.

Which Fourthstone entities hold Meridian shares and in what amounts?

Reported holdings by entity: Fourthstone Master Opportunity Fund Ltd. 854,867 shares (7.58%); Fourthstone GP LLC 229,452 shares (2.03%); Fourthstone QP Opportunity Fund LP 228,714 shares (2.03%); Fourthstone Small-Cap Financials Fund LP 738 shares (0.01%).

Does Fourthstone claim the stake is intended to influence Meridian's control?

No. The filing expressly states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of the issuer.

Who are the named individuals signing the filing on behalf of Fourthstone?

Signatories listed include Amy M. Stone as Chief Executive Officer and L. Phillip Stone, IV as Managing Member of Fourthstone GP LLC.