Carolyn J. Turk - Jun 27, 2025 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
Director
Signature
/s/ Carolyn J. Turk by Julie E. Shaw Power of Attorney
Stock symbol
MBCN
Transactions as of
Jun 27, 2025
Transactions value $
$0
Form type
4
Date filed
7/1/2025, 03:03 PM
Previous filing
Jan 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TURK CAROLYN J Director 15985 EAST HIGH STREET, MIDDLEFIELD /s/ Carolyn J. Turk by Julie E. Shaw Power of Attorney 2025-07-01 0001286841

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MBCN Common Stock 32.2K Jun 27, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MBCN Conditional Stock Award Award +405 405 Jun 27, 2025 Common Stock 405 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the Director Compensation program for members of the Board of Directors of The Middlefield Banking Company. The award represents a grant of restricted stock units which vest upon the earlier of the one-year anniversary of the grant date or the date of the annual meeting of shareholders which occurs in the year following the year of the grant date. If the recipient ceases to be a member of the board of the directors of The Middlefield Banking Company for any reason other than death or disability prior to the vesting date, any unvested RSUs shall be forfeited. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient.
F2 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.