Bozovic Snezana 4

What Happened

• Snezana Bozovic, listed as a 10% owner of Meridian Holdings, reported conversion/settlement of derivative awards on 2026-04-14. The filing shows 3,125 shares were acquired upon vesting of RSUs (price N/A) and 6,250 derivative units were reported disposed at $0.00. The transactions reflect settlement/conversion of restricted stock units rather than open-market buys or routine sales.

Key Details

• Transaction date: 2026-04-14; Form 4 filed: 2026-04-30 (late filing).
• Acquired: 3,125 shares (resulting from RSU vesting) — price reported as N/A; value not provided.
• Disposed: 6,250 derivative securities at $0.00 (proceeds $0 reported).
• Transaction code M = exercise/conversion of a derivative security.
• Shares owned after the transaction: not provided in the summary materials supplied.
• Footnotes: RSUs vested upon the issuer meeting specified revenue and Adjusted EBITDA targets as of fiscal 2025 end; each RSU equals one share; awards issued under the 2023 Equity Incentive Plan.

Context

• These entries document award vesting/settlement of RSUs contingent on Meridian hitting revenue and AEBITDA targets and subsequent disclosure in the company’s Form 10‑K. This is not an open‑market purchase or sale that directly signals buying or selling intent by the insider. The $0.00 disposition is recorded in the filing but the footnotes do not describe a cash sale or tax‑withholding mechanism; it reflects conversion/settlement treatment of the derivative securities per the award terms.
• Note: filing was made 16 days after the reported transactions (filed late), which delays public visibility of the activity.