Kenneth E. Jones - Jun 27, 2025 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
Director
Signature
/s/ Kenneth E. Jones 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, 02:05 PM
Previous filing
Jan 2, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Jones Kenneth E Director 15985 EAST HIGH STREET, MIDDLEFIELD /s/ Kenneth E. Jones by Julie E. Shaw Power of Attorney 2025-07-01 0001317189

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MBCN Common Stock 17.3K Jun 27, 2025 Direct F1
holding MBCN Common Stock 2.15K Jun 27, 2025 held by spouse F1

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 F2, F3
* 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 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.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.