Meridian Holdings adds director with no share stake
Meridian Holdings Inc./NV (MRDN) reported the initial insider status of Michael K. Prescott on a Form 3.
Rhea-AI Filing Summary
Meridian Holdings Inc./NV (MRDN) reported the initial insider status of Michael K. Prescott on a Form 3. Prescott has been appointed as a member of the Board of Directors effective July 29, 2026, and currently reports 0 shares of MRDN common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Prescott Michael Kenneth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Key Figures
Common stock holdings after reporting: 0.0000 shares
Board appointment date: July 29, 2026
Holding entries reported: 1
3 metrics
Common stock holdings after reporting
0.0000 shares
Total shares of Meridian Holdings Inc./NV common stock held directly by Michael K. Prescott following the Form 3 holdings entry
Board appointment date
July 29, 2026
Date Michael K. Prescott was appointed as a member of the Board of Directors of Meridian Holdings Inc./NV
Holding entries reported
1
Number of common stock holding entries listed in the Form 3 transaction summary for Michael K. Prescott
Key Terms
Board of Directors, Common Stock, reporting person
3 terms
Board of Directors regulatory
"Michael K. Prescott was appointed as a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
reporting person regulatory
"reportingPersons": [ { "name": "Prescott Michael Kenneth""
FAQ
What does the MRDN Form 3 filing disclose about Michael K. Prescott?
The Form 3 shows that Michael K. Prescott is now a reporting person for MRDN as a director. It also discloses that he currently holds no shares of Meridian Holdings Inc./NV common stock in his direct ownership.
When did Michael K. Prescott join the Board of Meridian Holdings Inc./NV (MRDN)?
Michael K. Prescott was appointed to the Board of Directors of Meridian Holdings Inc./NV on July 29, 2026. This appointment is noted in the remarks section of the Form 3 insider ownership report filed for MRDN.
What type of security is reported for Michael K. Prescott in the MRDN Form 3?
The Form 3 reports Prescott’s holdings in Common Stock of Meridian Holdings Inc./NV. For this security, the total shares following the reported holdings entry are 0.0000, so he has no directly owned common shares at this time.
Is the MRDN Form 3 filing reporting any insider buying or selling activity?
The MRDN Form 3 does not report any buying or selling transactions. It only establishes Michael K. Prescott as a director and shows a holdings entry with 0.0000 common shares, meaning no transaction-based change in ownership is disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.