Christopher J. Annas, Meridian Corp's Chairman & CEO and a director of the company, recently acquired 10,000 shares of the company. The buys took place at $26.36 per share, on February 25, 2021. Annas now owns 150,189 shares of the company. Annas operates out of Malvern, PA. Some additional info was provided as follows:
Since the date of the Reporting Person's last Form 4, shares were transferred to the Reporting Person's ex-wife pursuant to a divorce settlement. The Reporting Person no longer reports as beneficially owned any shares owned by his ex-wife.
The options vest 25% at the date of each grant and then in three equal annual installments beginning on the 1 year anniversary of each grant.
The above information was disclos ed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Meridian Corp makes a similar move, sign up!