Meridian (MRDN) director adds 3,125 shares as RSUs vest on performance

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Bozovic Snezana reported acquisition or exercise transactions in this Form 4 filing.

Meridian Holdings Inc./NV director Snezana Bozovic increased her direct common stock holdings through equity compensation, not open‑market trades. She received 3,125 shares of common stock upon the vesting of an equal number of restricted stock units (RSUs) that were settled in shares.

The vesting was tied to the company meeting a revenue target as of the end of fiscal 2025. Following the transaction, Bozovic directly holds 382,803 shares of common stock. The RSUs were granted under Meridian’s 2023 Equity Incentive Plan and only vest if specified revenue and Adjusted EBITDA performance goals, based on 2024 levels, are achieved; otherwise they are canceled.

Insider Trade Summary

6,250 shares exercised/converted

Mixed 2 txns

Insider Bozovic Snezana

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	6,250	$0.00	--
Exercise	Common Stock	3,125	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 382,803 shares (Direct, null)

Footnotes (1)

Represents the vesting of 3,125 restricted stock units (RSUs) upon the Issuer meeting a revenue target as of the end of fiscal 2025, which were settled in shares of common stock. Each RSU represents the contingent right to receive, at settlement, one share of common stock. The RSUs vest, if at all, upon the Issuer meeting certain (1) revenue (2024 revenue x 1.1 and 2024 revenue x 1.2)(1/4 of the RSUs each) and (2) Adjusted EBITDA (AEBITDA) (2024 AEBITDA x 1.1 and 2024 AEBITDA x 1.2)(1/4 of the RSUs each) targets, as of the end of fiscal 2025, and upon the public disclosure of such operating results in the Issuer's subsequently filed Annual Report on Form 10-K, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to the vesting date. Issued under the Issuer's 2023 Equity Incentive Plan.

Key Figures

Shares acquired via RSU vesting: 3,125 shares Post-transaction holdings: 382,803 shares RSUs in derivative transaction: 6,250 RSUs +2 more

5 metrics

Shares acquired via RSU vesting 3,125 shares Restricted stock units settled in common stock

Post-transaction holdings 382,803 shares Common stock directly held after transaction

RSUs in derivative transaction 6,250 RSUs Restricted Stock Units with underlying common stock

Revenue performance targets 2024 revenue x 1.1 and x 1.2 RSU vesting conditions based on revenue

Adjusted EBITDA targets 2024 AEBITDA x 1.1 and x 1.2 RSU vesting conditions based on Adjusted EBITDA

Key Terms

Restricted Stock Units, Adjusted EBITDA (AEBITDA, 2023 Equity Incentive Plan, Annual Report on Form 10-K, +1 more

5 terms

Restricted Stock Units financial

"Represents the vesting of 3,125 restricted stock units (RSUs) upon the Issuer meeting a revenue target"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Adjusted EBITDA (AEBITDA financial

"and (2) Adjusted EBITDA (AEBITDA) (2024 AEBITDA x 1.1 and 2024 AEBITDA x 1.2)"

2023 Equity Incentive Plan financial

"Restricted stock units do not expire; they either vest or are canceled prior to the vesting date. Issued under the Issuer's 2023 Equity Incentive Plan."

Annual Report on Form 10-K regulatory

"upon the public disclosure of such operating results in the Issuer's subsequently filed Annual Report on Form 10-K"

An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.

revenue target financial

"vesting of 3,125 restricted stock units (RSUs) upon the Issuer meeting a revenue target as of the end of fiscal 2025"

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 06:59 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bozovic Snezana

(Last)

(First)

(Middle)

MERIDIAN TECH D.O.O.

BULEVAR MIHAJLA PUPINA 10B

(Street)

NOVI BEOGRAD

11070

(City)

(State)

(Zip)

SERBIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Meridian Holdings Inc./NV [ MRDN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 10% Reporting Group

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/14/2026		M		3,125⁽¹⁾	A	⁽²⁾	382,803	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	04/14/2026		M			6,250	⁽³⁾	⁽³⁾	Common Stock	6,250	$0.00	0	D

Explanation of Responses:

1. Represents the vesting of 3,125 restricted stock units (RSUs) upon the Issuer meeting a revenue target as of the end of fiscal 2025, which were settled in shares of common stock.

2. Each RSU represents the contingent right to receive, at settlement, one share of common stock.

3. The RSUs vest, if at all, upon the Issuer meeting certain (1) revenue (2024 revenue x 1.1 and 2024 revenue x 1.2)(1/4 of the RSUs each) and (2) Adjusted EBITDA (AEBITDA) (2024 AEBITDA x 1.1 and 2024 AEBITDA x 1.2)(1/4 of the RSUs each) targets, as of the end of fiscal 2025, and upon the public disclosure of such operating results in the Issuer's subsequently filed Annual Report on Form 10-K, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to the vesting date. Issued under the Issuer's 2023 Equity Incentive Plan.

	/s/ Snezana Bozovic	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Meridian (MRDN) director Snezana Bozovic report?

Bozovic reported acquiring 3,125 shares of Meridian common stock through the vesting of restricted stock units. These RSUs were settled in shares as part of her equity compensation, rather than being bought on the open market.

How many Meridian (MRDN) shares does Snezana Bozovic hold after this Form 4?

After the reported transaction, Bozovic directly holds 382,803 shares of Meridian common stock. This total reflects her position following the vesting and share settlement of 3,125 restricted stock units tied to company performance.

Were Snezana Bozovic’s Meridian (MRDN) shares bought or awarded as compensation?

The shares were awarded as compensation through RSU vesting, not purchased. 3,125 restricted stock units converted into an equal number of common shares once Meridian met a specified revenue target, consistent with its 2023 Equity Incentive Plan.

What performance targets affect Meridian (MRDN) restricted stock unit vesting?

Meridian’s RSUs vest only if revenue and Adjusted EBITDA reach set performance levels based on 2024 results. Targets include revenue and Adjusted EBITDA at 1.1x and 1.2x 2024 levels as of fiscal 2025, with vesting occurring after those results are publicly disclosed.

Under which plan were the Meridian (MRDN) RSUs for Snezana Bozovic issued?

The restricted stock units were issued under Meridian’s 2023 Equity Incentive Plan. The plan grants RSUs that either vest upon meeting revenue and Adjusted EBITDA targets by fiscal 2025 or are canceled if those performance conditions are not satisfied.