Cheravitch Michael L bought MBCN
February 23, 2026 · Form 4 insider transaction
Cheravitch Michael L bought 2,000 shares of MBCN at $35.18 per share, a transaction worth $70.4K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
2,000
Price
$35.18
Total value
$70.4K
InsiderCheravitch Michael L
Role—
CompanyMBCN
SecurityCommon Stock
Transaction codeA: Grant or award
Transaction dateFebruary 23, 2026
Filing dateFebruary 25, 2026
Shares owned after11,960
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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.