February 23, 2026 · Form 4 insider transaction
Cheravitch Michael L bought 7,399 shares of MBCN at $35.18 per share, a transaction worth $260.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
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.