Noblit Rebecca A 4
4 · MIDDLEFIELD BANC CORP · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Middlefield Banc (MBCN) EVP Rebecca Noblit Sells 21,427 Shares
What Happened
Rebecca A. Noblit, Executive Vice President & Chief Credit Officer of Middlefield Banc Corp. (MBCN), had a disposition of 21,427 shares reported on March 2, 2026. The Form 4 lists the transaction as a disposition to the issuer (code D) with no per‑share price or total dollar value reported (N/A). The filing’s footnote says the shares were disposed pursuant to the Agreement and Plan of Merger between Middlefield and Farmers National Banc Corp., effective March 2, 2026.
Key Details
- Transaction date: 2026-03-02. Transaction code: D (Disposition to issuer).
- Price/Value reported in filing: N/A (no per‑share price or total value provided).
- Shares disposed: 21,427.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Disposal occurred pursuant to the October 22, 2025 merger agreement; Middlefield merged into Farmers on March 2, 2026.
- Filing timeliness: Report date and filing date are 2026-03-02 (no late filing indicated).
Context: Dispositions tied to mergers often reflect share conversion, surrender, or exchange under merger terms rather than an open‑market sale, so they do not necessarily signal the insider’s view of company prospects. Because no cash price is reported here, the transaction appears to be part of the merger mechanics described in the filing.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-03-02−21,427→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated October 22, 2025 (the "Agreement"), by and between Middlefield Banc Corp. ("Middlefield") and Farmers National Banc Corp. ("Farmers"), pursuant when Middlefield merged with and into Farmers on March 2, 2026.