December 31, 2025 · Form 4 insider transaction
Cheravitch Michael L bought 2,300 shares of MBCN at $34.54 per share, a transaction worth $79.4K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
The award represents a grant of restricted stock which vests on December 31, 2025, if the executive's service continues through that date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient.