Cheravitch Michael L 4
4 · MIDDLEFIELD BANC CORP · Filed Feb 25, 2026
Insider Transaction Report
Form 4
Cheravitch Michael L
EVP-Chief Banking Officer
Transactions
- Award
Common Stock
[F1]2026-02-23$35.18/sh+1,707$60,052→ 8,207 total - Award
Common Stock
[F2]2026-02-23$35.18/sh+1,753$61,671→ 9,960 total - Award
Common Stock
[F3]2026-02-23$35.18/sh+2,000$70,360→ 11,960 total - Award
Common Stock
[F4]2026-02-23$35.18/sh+7,399$260,297→ 19,359 total - Tax Payment
Common Stock
2026-02-23$35.18/sh−3,668$129,040→ 15,691 total
Footnotes (4)
- [F1]The shares represent accelerated vesting of restricted stock units ("RSUs") resulting from action of the Middlefield Compensation Committee on February 23, 2026, approving the full vesting of all outstanding plan share awards, including the RSUs. For further information regarding the acceleration of the RSUs, please see the Form 8-K Current Report filed by Middlefield with the SEC on February 25, 2026.The restricted stock award was originally granted on September 4, 2024, and provides for vesting on the third anniversary of the award.
- [F2]The shares represent accelerated vesting of RSUs resulting from Compensation Committee approval on February 23, 2026. See the Form 8-K Current Report filed by Middlefield with the SEC on February 25, 2026.The restricted stock award was originally granted on January 17, 2025, and provides for vesting on the third anniversary of the award.
- [F3]The shares represent accelerated vesting of performance share units ("PSUs") resulting from action of the Middlefield Compensation Committee on February 23, 2026, approving the full vesting of all outstanding plan share awards, including the PSUs. See the Form 8-K Current Report filed by Middlefield with the SEC on February 25, 2026. The vesting conditions at grant were described in a Form 8-K filed on September 4, 2024.
- [F4]The shares represent accelerated vesting of PSUs resulting from action of the Middlefield Compensation Committee on February 23, 2026. See the Form 8-K Current Report filed by Middlefield with the SEC on February 25, 2026. The vesting conditions at grant were described in a Form 8-K filed on January 17, 2025.
Signature
/s/ Michael L. Cheravitch by Julie E. Shaw Power of Attorney|2026-02-25