Zimmerly Ronald Len Jr. 4
4 · MIDDLEFIELD BANC CORP · Filed Jan 16, 2026
Insider Transaction Report
Form 4
Zimmerly Ronald Len Jr.
DirectorChief Executive Officer
Transactions
- Award
Common Stock
[F1][F2]2026-01-14$34.50/sh+2,288$78,936→ 51,492.283 total - Tax Payment
Common Stock
[F2]2026-01-14$34.50/sh−758$26,151→ 50,734.283 total
Holdings
- 8,786(indirect: By IRA)
Common Stock
- 4,520
Conditional Stock Award
[F3][F5]Exp: 2027-08-30→ Common Stock (4,520 underlying) - 4,576
Conditional Stock Award
[F4][F5]Exp: 2028-01-14→ Common Stock (4,576 underlying)
Footnotes (5)
- [F1]The acquisition represents the vesting of restricted stock granted to the reporting person on January 14, 2025. The shares vested on the first anniversary of the grant.
- [F2]Includes shares acquired under MBCN Dividend Reinvestment Plan
- [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]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.
- [F5]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
Signature
/s/ Ronald L. Zimmerly, Jr. by Julie E. Shaw Power of Attorney|2026-01-16