MICHAEL RANTTILA - 23 Feb 2026 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
EVP/CFO
Signature
/s/ Michael C. Ranttila by Julie E. Shaw Power of Attorney
Issuer symbol
MBCN
Transactions as of
23 Feb 2026
Net transactions value
+$469,583
Form type
4
Filing time
25 Feb 2026, 15:23:10 UTC
Previous filing
16 Jan 2026
Next filing
02 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
RANTTILA MICHAEL EVP/CFO 15985 EAST HIGH STREET, MIDDLEFIELD /s/ Michael C. Ranttila by Julie E. Shaw Power of Attorney 25 Feb 2026 0001792684

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBCN Common Stock Award $105,997 +3,013 +15% $35.18 22,532 23 Feb 2026 Direct F1, F2
transaction MBCN Common Stock Award $103,957 +2,955 +13% $35.18 25,487 23 Feb 2026 Direct F1, F3
transaction MBCN Common Stock Award $438,589 +12,467 +49% $35.18 37,954 23 Feb 2026 Direct F1, F4
transaction MBCN Common Stock Tax liability $178,961 -5,087 -13% $35.18 32,867 23 Feb 2026 Direct F1
holding MBCN Common Stock 50 23 Feb 2026 as Custodian for Grandson
holding MBCN Common Stock 300 23 Feb 2026 held in IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under MBCN Dividend Reinvestment Plan
F2 The shares represent accelerated vesting of restricted stock units ("RSUs") resulting from action of the Middlefield Compensation Committee on February 23, 2026, approving the full vesting of all outstanding plan share awards, including the RSUs. For further information regarding the acceleration of the RSUs, please see the Form 8-K Current Report filed by Middlefield with the SEC on February 25, 2026.The restricted stock award was originally granted on September 4, 2024, and provides for vesting on the third anniversary of the award.
F3 The shares represent accelerated vesting of RSUs resulting from Compensation Committee approval on February 23, 2026. See the Form 8-K Current Report filed by Middlefield with the SEC on February 25, 2026.The restricted stock award was originally granted on January 17, 2025, and provides for vesting on the third anniversary of the award.
F4 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.