SCHEDULE: Fourthstone Discloses 9.61% Stake in Meridian Corp.
Beneficial Ownership Update
Fourthstone LLC and its affiliates have reported a 9.61% beneficial ownership stake in Meridian Corporation's common stock, totaling 1,084,319 shares.
Summary
- Fourthstone LLC, a Delaware Limited Liability Company and Investment Adviser, along with its affiliated entities (Fourthstone Master Opportunity Fund Ltd, Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, and Fourthstone Small-Cap Financials Fund LP), and L. Phillip Stone, IV, collectively beneficially own 1,084,319 shares of Meridian Corporation's common stock.
- This ownership represents 9.61% of Meridian Corporation's outstanding common stock.
- The percentage is based on 11,285,278 shares of common stock outstanding as of March 31, 2025, as reported in Meridian Corporation's Form 10-Q filed with the SEC on May 5, 2025.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Meridian Corporation.
Sentiment
Score: 5
Explanation: Neutral, as this is a factual disclosure of beneficial ownership without commentary on the issuer's performance or prospects.
Positives
- A significant institutional investor, Fourthstone LLC, has taken a substantial stake in Meridian Corporation, which may signal confidence in the company's value.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional stake provides transparency regarding the ownership structure and may influence investor perception.
Key Dates
| Date | Description |
|---|---|
| 2025-03-31 | Date of outstanding shares calculation for Meridian Corporation's common stock, based on Form 10-Q. |
| 2025-05-05 | Date Meridian Corporation filed its Form 10-Q with the SEC. |
| 2025-06-30 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-08-14 | Signature date for all reporting persons. |
Keywords
Meridian Corporation, Fourthstone LLC, Beneficial Ownership, Common Stock, SEC Filing, Schedule 13G, Investment Adviser, Institutional Investor
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