Zimmerly Ronald Len Jr. 4
4 · MIDDLEFIELD BANC CORP · Filed Dec 3, 2025
Insider Transaction Report
Form 4
Zimmerly Ronald Len Jr.
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-12-01$34.82/sh+3,788$131,898→ 39,628.283 total - Tax Payment
Common Stock
2025-12-01$34.82/sh−1,112$38,720→ 38,516.283 total
Holdings
- 8,786(indirect: By IRA)
Common Stock
- 3,722
Conditional Stock Award
Exercise: $27.40Exp: 2026-03-10→ Common Stock (3,722 underlying) - 4,520
Conditional Stock Award
Exp: 2027-08-30→ Common Stock (4,520 underlying) - 6,864
Conditional Stock Award
Exp: 2028-01-14→ Common Stock (6,864 underlying)
Footnotes (6)
- [F1]Includes shares acquired under MBCN Dividend Reinvestment Plan
- [F2]The acquisition represents the vesting of restricted stock granted to the reporting person on December 1, 2022. The shares vested on the third anniversary of the grant date.
- [F3]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mr. Zimmerly remains continuously employed by Middlefield as of each vesting date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. The details of the vesting conditions may be found in a Form 8K filing dated September 4, 2024.
- [F4]Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. Vesting is subject to a time-based or service condition and a performance-based condition. The details of the vesting conditions may be found in a Form 8K filing dated March 17, 2023.
- [F5]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mr. Zimmerly remains continuously employed by Middlefield as of each vesting date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. The details of the vesting conditions may be found in a Form 8K filing dated January 17, 2025.
- [F6]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.