4//SEC Filing
Erminio Courtney M 4
Accession 0001437749-26-001395
CIK 0000836147other
Filed
Jan 15, 7:00 PM ET
Accepted
Jan 16, 9:36 AM ET
Size
10.4 KB
Accession
0001437749-26-001395
Insider Transaction Report
Form 4
Erminio Courtney M
EVP/Chief Risk Officer
Transactions
- Award
Common Stock
[F1][F2]2026-01-14$34.50/sh+942$32,499→ 8,415.991 total - Tax Payment
Common Stock
[F2]2026-01-14$34.50/sh−317$10,937→ 8,098.991 total
Holdings
- 150.525
Common Stock
[F2][F3] - 1,708
Conditional Stock Award
[F4][F6]Exp: 2027-09-06→ Common Stock (1,708 underlying) - 1,886
Conditional Stock Award
[F5][F6]Exp: 2028-01-14→ Common Stock (1,886 underlying)
Footnotes (6)
- [F1]The acquisition represents the vesting of restricted stock granted to the reporting person on January 14, 2025. The shares vested on the first anniversary of the grant.
- [F2]Includes shares acquired under MBCN Dividend Reinvestment Plan
- [F3]Includes shares held jointly with spouse.
- [F4]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mrs. Erminio remains continuously employed by Middlefield as of each vesting date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. The details of the vesting conditions may be found in a Form 8-K dated September 4, 2024.
- [F5]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mrs. Erminio remains continuously employed by Middlefield as of each vesting date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. the details of the vesting conditions may be found in a Form 8-K dated January 17, 2025.
- [F6]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
Signature
/s/ Courtney M. Erminio by Julie E. Shaw Power of Attorney|2026-01-16
Documents
Issuer
MIDDLEFIELD BANC CORP
CIK 0000836147
Entity typeother
Related Parties
1- filerCIK 0001698885
Filing Metadata
- Form type
- 4
- Filed
- Jan 15, 7:00 PM ET
- Accepted
- Jan 16, 9:36 AM ET
- Size
- 10.4 KB