Form 4: Middlefield Banc Corp Director James J. McCaskey Reports Acquisition of Shares

Director James J. McCaskey reports acquiring shares of Middlefield Banc Corp through a director compensation program and dividend reinvestment plan.

Summary

• James J. McCaskey, a director of Middlefield Banc Corp, reported changes in beneficial ownership of the company's common stock on January 1, 2025.
• McCaskey acquired 278 shares of common stock at $28.05 per share through the Director Compensation program.
• McCaskey also acquired shares through the MBCN Dividend Reinvestment Plan.
• Following the transactions, McCaskey directly owns 5,523.79 shares and indirectly owns 1,372 shares held by spouse in retirement account.
• The report was filed on January 2, 2025.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by a company director. The director's participation in compensation and reinvestment plans is mildly positive.

Positives

• Director's participation in the Director Compensation program and Dividend Reinvestment Plan shows confidence in the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates