Middlefield Banc Corp. Approves Executive Bonuses and Accelerated Stock Vesting
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Middlefield Banc Corp. announced executive bonuses and accelerated stock vesting. President Ronald L. Zimmerly, Jr. will receive a $230,987 bonus, CFO Michael C. Ranttila $105,594, and EVP Michael L. Cheravitch $85,795, payable on December 26, 2025. Additional bonuses were approved, and restricted stock awards will vest early by December 31, 2025. Performance share units will also vest early by the end of 2025. This announcement was made via EDGAR by Middlefield Banc Corp.
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