STOCK TITAN

[8-K] Bank of Marin Bancorp Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Form 4 filing summary for Taylor Morrison Home Corp. (TMHC): Director Christopher J. Yip reported the acquisition of 387 deferred stock units (DSUs) on 06/30/2025. Each DSU is economically equivalent to one share of TMHC common stock and was received under the company’s Non-Employee Director Deferred Compensation Plan as an election to defer cash retainer and committee fees. The transaction is coded “A,” signifying an award and not an open-market purchase.

After the transaction, Yip’s aggregate holding stands at 14,664 DSUs. The units will settle in common shares upon the earlier of (i) 01-Sep-2027, (ii) the director’s separation from the board, or (iii) a change of control. No common-stock sales or purchases were reported, and no cash price was involved.

The award is relatively small in size and routine in nature, providing limited insights into the company’s near-term fundamentals or insider sentiment beyond ongoing board-level equity alignment.

Riepilogo della dichiarazione Form 4 per Taylor Morrison Home Corp. (TMHC): Il direttore Christopher J. Yip ha segnalato l'acquisizione di 387 unità azionarie differite (DSU) il 30/06/2025. Ogni DSU equivale economicamente a una azione ordinaria TMHC ed è stata ricevuta nell'ambito del Piano di Compensazione Differita per Direttori Non Dipendenti, come scelta di rinviare il compenso in contanti e le commissioni di comitato. La transazione è contrassegnata con il codice “A”, che indica un premio e non un acquisto sul mercato aperto.

Dopo questa operazione, la detenzione complessiva di Yip ammonta a 14.664 DSU. Le unità saranno convertite in azioni ordinarie al verificarsi della prima delle seguenti condizioni: (i) 01-set-2027, (ii) la cessazione del ruolo di direttore, o (iii) un cambio di controllo. Non sono state segnalate vendite o acquisti di azioni ordinarie, né è stato coinvolto un prezzo in contanti.

Il premio è di dimensioni relativamente modeste e di natura routinaria, offrendo informazioni limitate sui fondamentali a breve termine della società o sul sentiment degli insider, al di là dell’allineamento azionario continuo a livello di consiglio.

Resumen de la presentación del Formulario 4 para Taylor Morrison Home Corp. (TMHC): El director Christopher J. Yip reportó la adquisición de 387 unidades diferidas de acciones (DSU) el 30/06/2025. Cada DSU equivale económicamente a una acción común de TMHC y fue recibida bajo el Plan de Compensación Diferida para Directores No Empleados como una elección para diferir la retención en efectivo y las tarifas de comité. La transacción está codificada como “A”, lo que indica un premio y no una compra en el mercado abierto.

Después de la transacción, la tenencia agregada de Yip es de 14,664 DSU. Las unidades se liquidarán en acciones comunes al ocurrir cualquiera de las siguientes: (i) 01-sep-2027, (ii) la separación del director de la junta, o (iii) un cambio de control. No se reportaron ventas ni compras de acciones comunes, ni se involucró un precio en efectivo.

El premio es relativamente pequeño y rutinario, proporcionando información limitada sobre los fundamentos a corto plazo de la empresa o el sentimiento de los insiders, más allá de la alineación continua de acciones a nivel de junta.

Taylor Morrison Home Corp. (TMHC)의 Form 4 제출 요약: 이사 Christopher J. Yip는 2025년 6월 30일에 387개의 이연 주식 단위(DSU)를 취득했다고 보고했습니다. 각 DSU는 TMHC 보통주 1주와 경제적으로 동일하며, 현금 보유 및 위원회 수수료를 이연하기로 선택한 비임원 이사회 이사 보상 계획에 따라 수령되었습니다. 거래는 'A' 코드로 표시되어, 공개 시장 매수가 아닌 수상임을 나타냅니다.

거래 후 Yip의 총 보유량은 14,664 DSU입니다. 이 단위들은 (i) 2027년 9월 1일, (ii) 이사의 이사회 퇴임, 또는 (iii) 경영권 변경 중 빠른 시점에 보통주로 정산됩니다. 보통주 매매는 보고되지 않았으며, 현금 거래도 없었습니다.

이번 수상은 비교적 소규모이고 일상적인 성격으로, 단기적인 회사의 기본적 사항이나 내부자 심리에 대한 통찰은 제한적이며, 이사회 수준의 지속적인 주식 정렬 외에는 특별한 의미가 없습니다.

Résumé du dépôt du formulaire 4 pour Taylor Morrison Home Corp. (TMHC) : Le directeur Christopher J. Yip a déclaré l'acquisition de 387 unités d'actions différées (DSU) le 30/06/2025. Chaque DSU équivaut économiquement à une action ordinaire de TMHC et a été reçue dans le cadre du Plan de Rémunération Différée des Administrateurs Non-Employés, en choisissant de différer les honoraires en espèces et les frais de comité. La transaction est codée « A », signifiant une attribution et non un achat sur le marché ouvert.

Après cette opération, la détention totale de Yip s'élève à 14 664 DSU. Les unités seront réglées en actions ordinaires au premier des événements suivants : (i) 01-sept-2027, (ii) la cessation de fonction du directeur, ou (iii) un changement de contrôle. Aucune vente ou achat d'actions ordinaires n'a été signalée, et aucun prix en espèces n'était impliqué.

L'attribution est de taille relativement modeste et de nature routinière, fournissant peu d'informations sur les fondamentaux à court terme de l'entreprise ou le sentiment des initiés, au-delà de l'alignement continu des actions au niveau du conseil d'administration.

Zusammenfassung der Form 4-Meldung für Taylor Morrison Home Corp. (TMHC): Direktor Christopher J. Yip meldete den Erwerb von 387 aufgeschobenen Aktienanteilen (DSUs) am 30.06.2025. Jede DSU entspricht wirtschaftlich einer TMHC-Stammaktie und wurde im Rahmen des Nicht-Geschäftsführenden Direktoren-Vergütungsplans als Wahl zur Aufschiebung von Barvergütungen und Ausschussgebühren erhalten. Die Transaktion ist mit „A“ codiert, was eine Zuwendung und keinen Kauf am offenen Markt bedeutet.

Nach der Transaktion hält Yip insgesamt 14.664 DSUs. Die Einheiten werden bei dem frühesten der folgenden Ereignisse in Stammaktien umgewandelt: (i) 01.09.2027, (ii) Ausscheiden des Direktors aus dem Vorstand oder (iii) Kontrollwechsel. Verkäufe oder Käufe von Stammaktien wurden nicht gemeldet, und es gab keinen Barpreis.

Die Zuwendung ist relativ klein und routinemäßig, bietet daher nur begrenzte Einblicke in die kurzfristigen Fundamentaldaten des Unternehmens oder die Insider-Stimmung, abgesehen von der fortlaufenden aktienbasierten Ausrichtung auf Vorstandsebene.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director DSU award; negligible financial impact, neutral signal.

This Form 4 discloses that Director Christopher Yip added 387 DSUs—about 0.002 % of TMHC’s ~119 million basic shares outstanding—via deferred compensation. The grant increases his total deferred equity to 14,664 units, reinforcing long-term alignment but lacking material size to influence valuation or liquidity. Because the DSUs vest automatically on separation or 09/01/2027, the award neither alters cash flow nor indicates an active bullish stance through open-market buying. In my view, the filing is neutral for investors and does not change the core investment thesis.

Riepilogo della dichiarazione Form 4 per Taylor Morrison Home Corp. (TMHC): Il direttore Christopher J. Yip ha segnalato l'acquisizione di 387 unità azionarie differite (DSU) il 30/06/2025. Ogni DSU equivale economicamente a una azione ordinaria TMHC ed è stata ricevuta nell'ambito del Piano di Compensazione Differita per Direttori Non Dipendenti, come scelta di rinviare il compenso in contanti e le commissioni di comitato. La transazione è contrassegnata con il codice “A”, che indica un premio e non un acquisto sul mercato aperto.

Dopo questa operazione, la detenzione complessiva di Yip ammonta a 14.664 DSU. Le unità saranno convertite in azioni ordinarie al verificarsi della prima delle seguenti condizioni: (i) 01-set-2027, (ii) la cessazione del ruolo di direttore, o (iii) un cambio di controllo. Non sono state segnalate vendite o acquisti di azioni ordinarie, né è stato coinvolto un prezzo in contanti.

Il premio è di dimensioni relativamente modeste e di natura routinaria, offrendo informazioni limitate sui fondamentali a breve termine della società o sul sentiment degli insider, al di là dell’allineamento azionario continuo a livello di consiglio.

Resumen de la presentación del Formulario 4 para Taylor Morrison Home Corp. (TMHC): El director Christopher J. Yip reportó la adquisición de 387 unidades diferidas de acciones (DSU) el 30/06/2025. Cada DSU equivale económicamente a una acción común de TMHC y fue recibida bajo el Plan de Compensación Diferida para Directores No Empleados como una elección para diferir la retención en efectivo y las tarifas de comité. La transacción está codificada como “A”, lo que indica un premio y no una compra en el mercado abierto.

Después de la transacción, la tenencia agregada de Yip es de 14,664 DSU. Las unidades se liquidarán en acciones comunes al ocurrir cualquiera de las siguientes: (i) 01-sep-2027, (ii) la separación del director de la junta, o (iii) un cambio de control. No se reportaron ventas ni compras de acciones comunes, ni se involucró un precio en efectivo.

El premio es relativamente pequeño y rutinario, proporcionando información limitada sobre los fundamentos a corto plazo de la empresa o el sentimiento de los insiders, más allá de la alineación continua de acciones a nivel de junta.

Taylor Morrison Home Corp. (TMHC)의 Form 4 제출 요약: 이사 Christopher J. Yip는 2025년 6월 30일에 387개의 이연 주식 단위(DSU)를 취득했다고 보고했습니다. 각 DSU는 TMHC 보통주 1주와 경제적으로 동일하며, 현금 보유 및 위원회 수수료를 이연하기로 선택한 비임원 이사회 이사 보상 계획에 따라 수령되었습니다. 거래는 'A' 코드로 표시되어, 공개 시장 매수가 아닌 수상임을 나타냅니다.

거래 후 Yip의 총 보유량은 14,664 DSU입니다. 이 단위들은 (i) 2027년 9월 1일, (ii) 이사의 이사회 퇴임, 또는 (iii) 경영권 변경 중 빠른 시점에 보통주로 정산됩니다. 보통주 매매는 보고되지 않았으며, 현금 거래도 없었습니다.

이번 수상은 비교적 소규모이고 일상적인 성격으로, 단기적인 회사의 기본적 사항이나 내부자 심리에 대한 통찰은 제한적이며, 이사회 수준의 지속적인 주식 정렬 외에는 특별한 의미가 없습니다.

Résumé du dépôt du formulaire 4 pour Taylor Morrison Home Corp. (TMHC) : Le directeur Christopher J. Yip a déclaré l'acquisition de 387 unités d'actions différées (DSU) le 30/06/2025. Chaque DSU équivaut économiquement à une action ordinaire de TMHC et a été reçue dans le cadre du Plan de Rémunération Différée des Administrateurs Non-Employés, en choisissant de différer les honoraires en espèces et les frais de comité. La transaction est codée « A », signifiant une attribution et non un achat sur le marché ouvert.

Après cette opération, la détention totale de Yip s'élève à 14 664 DSU. Les unités seront réglées en actions ordinaires au premier des événements suivants : (i) 01-sept-2027, (ii) la cessation de fonction du directeur, ou (iii) un changement de contrôle. Aucune vente ou achat d'actions ordinaires n'a été signalée, et aucun prix en espèces n'était impliqué.

L'attribution est de taille relativement modeste et de nature routinière, fournissant peu d'informations sur les fondamentaux à court terme de l'entreprise ou le sentiment des initiés, au-delà de l'alignement continu des actions au niveau du conseil d'administration.

Zusammenfassung der Form 4-Meldung für Taylor Morrison Home Corp. (TMHC): Direktor Christopher J. Yip meldete den Erwerb von 387 aufgeschobenen Aktienanteilen (DSUs) am 30.06.2025. Jede DSU entspricht wirtschaftlich einer TMHC-Stammaktie und wurde im Rahmen des Nicht-Geschäftsführenden Direktoren-Vergütungsplans als Wahl zur Aufschiebung von Barvergütungen und Ausschussgebühren erhalten. Die Transaktion ist mit „A“ codiert, was eine Zuwendung und keinen Kauf am offenen Markt bedeutet.

Nach der Transaktion hält Yip insgesamt 14.664 DSUs. Die Einheiten werden bei dem frühesten der folgenden Ereignisse in Stammaktien umgewandelt: (i) 01.09.2027, (ii) Ausscheiden des Direktors aus dem Vorstand oder (iii) Kontrollwechsel. Verkäufe oder Käufe von Stammaktien wurden nicht gemeldet, und es gab keinen Barpreis.

Die Zuwendung ist relativ klein und routinemäßig, bietet daher nur begrenzte Einblicke in die kurzfristigen Fundamentaldaten des Unternehmens oder die Insider-Stimmung, abgesehen von der fortlaufenden aktienbasierten Ausrichtung auf Vorstandsebene.

0001403475FALSE00014034752025-06-272025-06-27

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


FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 27, 2025

Bank of Marin Bancorp
(Exact name of Registrant as specified in its charter)
California  
  001-3357220-8859754
(State or other jurisdiction of incorporation)  (Commission File Number)(IRS Employer Identification No.)
504 Redwood Blvd., Suite 100, Novato, CA 
94947
(Address of principal executive office)(Zip Code)

Registrant’s telephone number, including area code:  (415) 763-4520

Not Applicable
(Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K filing is to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c)) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common stock, no par valueBMRCThe Nasdaq Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐ 



Section 8 - Other Events

Item 8.01     Other Events

Bank of Marin, the wholly owned subsidiary of Bank of Marin Bancorp (Nasdaq: BMRC), issued a press release today announcing that it sold a book value of $186 million in available-for-sale securities (AFS) as part of a balance sheet repositioning strategy more fully described in the press release. The securities sold had an average yield of 1.96%. The sale of the securities resulted in an estimated pre-tax loss of approximately $19 million that will be recorded in the second quarter of 2025.

The Press Release is attached as Exhibit 99.1.


Section 9 - Financial Statements and Exhibits

Item 9.01    Financial Statements and Exhibits

(d)    Exhibits.
Exhibit No.
Description    
99.1
Press release dated July 1, 2025
104Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:7/1/2025BANK OF MARIN BANCORP
By:/s/ David Bonaccorso
David Bonaccorso
Executive Vice President
and Chief Financial Officer



FAQ

How many shares did TMHC director Christopher Yip acquire?

He acquired 387 deferred stock units, each convertible into one common share.

What is the total TMHC equity holding of Christopher Yip after the transaction?

His aggregate holding rose to 14,664 deferred stock units.

Was the transaction an open-market purchase of TMHC stock?

No. The DSUs were granted under the Non-Employee Director Deferred Compensation Plan and involve no cash purchase.

When will the deferred stock units convert into TMHC common shares?

They convert upon the earliest of September 1, 2027, Yip’s board departure, or a change in control.

Does the filing indicate positive or negative insider sentiment toward TMHC?

The transaction is routine compensation and neutral; it does not strongly signal bullish or bearish sentiment.
Bank Marin Bancorp

NASDAQ:BMRC

BMRC Rankings

BMRC Latest News

BMRC Latest SEC Filings

BMRC Stock Data

360.32M
14.56M
9.62%
59.11%
3.52%
Banks - Regional
State Commercial Banks
Link
United States
NOVATO