Bank of Marin Bancorp (BMRC) EVP reports ESOP gains, options
Rhea-AI Filing Summary
Bank of Marin Bancorp executive vice president Robert Gotelli reported indirect acquisitions of 641.2500, 761.0500, 750.2400, and 357.3800 shares of common stock through an ESOP. Footnotes describe the 2024 and 2025 amounts as ESOP allocations and the 2025 and 2026 amounts as additional shares from dividend reinvestment.
As of 2024-12-31, Gotelli also held 36460.0000 common shares directly and a series of stock options to purchase additional shares, with exercise prices between $33.5800 and $44.4500 per share and expirations from 2027-03-01 to 2032-03-01. Footnotes state these options generally vest in 33% increments, with one grant 33% immediately and the remainder vesting annually thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,509.92 shares
Net Buy
13 txns
Insider
Gotelli Robert
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F4 | 357.38 | $0.00 | $0.00 |
| Other | Common Stock F2 | 761.05 | $0.00 | $0.00 |
| Other | Common Stock F3 | 750.24 | $0.00 | $0.00 |
| Other | Common Stock F1 | 641.25 | $0.00 | $0.00 |
| holding | Stock Options (Right to Buy) F5 | -- | -- | -- |
| holding | Stock Options (Right to Buy) F5 | -- | -- | -- |
| holding | Stock Options (Right to Buy) F6 | -- | -- | -- |
| holding | Stock Options (Right to Buy) F5 | -- | -- | -- |
| holding | Stock Options (Right to Buy) F5 | -- | -- | -- |
| holding | Stock Options (Right to Buy) F5 | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) F5 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,660.9685 shares (Indirect, By ESOP);
Stock Options (Right to Buy) — 12,156 shares (Direct);
Common Stock — 36,460 shares (Direct)
Footnotes (6)
- F1. Represents 2024 ESOP allocation posted to reporting owner's account on December 31, 2024
- F2. Represents 2025 ESOP allocation posted to reporting owner's account on December 31, 2025
- F3. Represents additional ESOP shares resulting from dividend reinvestment in 2025
- F4. Represents additional ESOP shares resulting from dividend reinvestment in 2026
- F5. Exercisable 33% per year beginning on first anniversary date of grant.
- F6. Exercisable 33% immediately, then 33% per year beginning on first anniversary date of grant.
Key Figures
2024 ESOP allocation: 641.2500 shares
2025 ESOP allocation: 761.0500 shares
2025 ESOP dividend reinvestment: 750.2400 shares
+5 more
8 metrics
2024 ESOP allocation
641.2500 shares
Indirect common shares credited via ESOP allocation on 2024-12-31
2025 ESOP allocation
761.0500 shares
Indirect common shares credited via ESOP allocation on 2025-12-31
2025 ESOP dividend reinvestment
750.2400 shares
Additional ESOP shares from dividend reinvestment in 2025
2026 ESOP dividend reinvestment
357.3800 shares
Additional ESOP shares from dividend reinvestment in 2026
Total ESOP-related acquisitions
2509.92 shares
Sum of ESOP allocations and dividend reinvestments reported
Direct common stock holding
36460.0000 shares
Directly held BMRC common shares as of 2024-12-31
Option exercise price
34.0300 per share
Exercise price for options expiring 2032-03-01
Underlying shares at $34.0300
1944.0000 shares
Underlying BMRC common shares for the 2032-03-01 option grant
Key Terms
ESOP, dividend reinvestment, Stock Options (Right to Buy), exercise price
4 terms
ESOP financial
"Represents 2024 ESOP allocation posted to reporting owner's account"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
dividend reinvestment financial
"Represents additional ESOP shares resulting from dividend reinvestment in 2025"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy) with various exercise prices and expirations"
exercise price financial
"conversion_or_exercise_price fields show the option exercise price per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock options in Bank of Marin Bancorp (BMRC) does Robert Gotelli hold?
Gotelli holds several Stock Options (Right to Buy) BMRC common shares, with exercise prices such as $34.0300 and expirations up to 2032-03-01. Underlying share amounts include grants like 1944.0000 shares, vesting in 33% tranches per the footnotes.