STOCK TITAN

Bank of Marin Bancorp (BMRC) CEO logs dividend and ESOP share additions

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bank of Marin Bancorp President & CEO Timothy D. Myers reported a series of acquisitions of Common Stock, which the company describes as automatic dividend reinvestment and employee stock ownership plan allocations. Between December 31, 2024 and May 15, 2026, these entries increased both his directly held shares and indirect holdings “By ESOP.” He also reports outstanding stock options covering multiple blocks of common shares, with exercise prices between $33.58 and $44.45 and expirations from 2027 through 2032.

Positive

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Negative

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Insider Myers Timothy D
Role PRESIDENT & CEO
Type Security Shares Price Value
Other Common Stock F1 279.8544 $25.92 $7K
Other Common Stock F5 314.11 $0.00 $0.00
Other Common Stock F1 214.2859 $27.90 $6K
Other Common Stock F3 838.32 $0.00 $0.00
Other Common Stock F4 653.78 $0.00 $0.00
Other Common Stock F1 224.9008 $26.33 $6K
Other Common Stock F1 251.4378 $23.30 $6K
Other Common Stock F1 264.6087 $21.89 $6K
Other Common Stock F2 770.54 $0.00 $0.00
holding Stock Options (Right to Buy) F6 -- -- --
holding Stock Options (Right to Buy) F7 -- -- --
holding Stock Options (Right to Buy) F6 -- -- --
holding Stock Options (Right to Buy) F6 -- -- --
holding Stock Options (Right to Buy) F6 -- -- --
holding Stock Options (Right to Buy) F6 -- -- --
holding Stock Options (Right to Buy) -- -- --
holding Stock Options (Right to Buy) F6 -- -- --
Holdings After Transaction: Common Stock — 125,408.4146 shares (Direct); Common Stock — 17,362.936 shares (Indirect, By ESOP); Stock Options (Right to Buy) — 26,474 shares (Direct)
Footnotes (7)
  1. F1. Represents additional shares resulting from automatic dividend reinvestment
  2. F2. Represents 2024 ESOP allocation posted to reporting owner's account on December 31, 2024
  3. F3. Represents 2025 ESOP allocation posted to reporting owner's account on December 31, 2025
  4. F4. Represents additional ESOP shares resulting from dividend reinvestment in 2025
  5. F5. Represents additional ESOP shares resulting from dividend reinvestment in 2026
  6. F6. Exercisable 33% per year beginning on first anniversary date of grant.
  7. F7. Exercisable 33% immediately, then 33% per year on first anniversary date of grant.
Dividend reinvestment shares 2026-05-15 279.8544 shares Automatic dividend reinvestment at $25.9200 per share credited to direct holdings on 2026-05-15
2024 ESOP allocation 770.5400 shares 2024 ESOP allocation posted to Myers’ account on December 31, 2024
2025 ESOP allocation 838.3200 shares 2025 ESOP allocation posted to Myers’ account on December 31, 2025
2025 ESOP dividend reinvestment 653.7800 shares Additional ESOP shares from dividend reinvestment in 2025 credited as indirect ownership
Restructuring-related acquired shares 3811.8376 shares Total non-derivative restructuring (code J) acquisitions summarized across reported transactions
Stock options expiring 2027-03-01 3720.0000 shares Underlying common shares for options with a $34.8000 exercise price expiring March 1, 2027
Stock options expiring 2032-03-01 4629.0000 shares Underlying common shares for options with a $34.0300 exercise price expiring March 1, 2032
automatic dividend reinvestment financial
"Represents additional shares resulting from automatic dividend reinvestment"
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.
Stock Options (Right to Buy) financial
"Security title reported as Stock Options (Right to Buy) with underlying Common Stock"
exercise price financial
"Derivative summary lists exercise price such as 34.8000 for stock options"
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.

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FAQ

What insider transactions did BMRC CEO Timothy D. Myers report on this Form 4?

Timothy D. Myers reported acquisitions of Bank of Marin Bancorp (BMRC) common stock. The entries reflect automatic dividend reinvestment into his direct holdings and share credits to his account under an employee stock ownership plan (ESOP) between late 2024 and mid‑2026.

How were Bank of Marin Bancorp (BMRC) shares credited to Timothy D. Myers through the ESOP?

BMRC notes that Myers received ESOP-related shares via annual allocations and dividend reinvestment. Examples include 770.5400 shares as a 2024 ESOP allocation and 838.3200 shares as a 2025 ESOP allocation, both posted to his ESOP account on December 31 of those years.

What dividend reinvestment transactions for BMRC stock are disclosed for Timothy D. Myers?

Several entries show automatic dividend reinvestment into Myers’ BMRC holdings. For instance, he received 279.8544 shares at $25.9200 per share on May 15, 2026 and 224.9008 shares at $26.3300 per share on November 14, 2025.

What stock options on BMRC shares does Timothy D. Myers hold according to this filing?

Myers reports multiple Stock Options (Right to Buy) on BMRC common stock. These include blocks for 3,720 underlying shares at a $34.8000 exercise price expiring March 1, 2027 and 4,629 underlying shares at $34.0300 expiring March 1, 2032, among others.

Does this BMRC Form 4 show any stock sales by CEO Timothy D. Myers?

No stock sales are reported for BMRC in this Form 4. All non-derivative transactions for Timothy D. Myers carry an acquired/disposed code of A and a direction of acquire, indicating only additions to his common stock holdings and ESOP-related positions.
SEC Form 4
FORM 4UNITED 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*
Myers Timothy D

(Last)(First)(Middle)
504 REDWOOD BLVD., SUITE 100

(Street)
NOVATO CALIFORNIA 94947

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bank of Marin Bancorp [ BMRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
PRESIDENT & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2024
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/16/2025J(1)264.6087A$21.89124,437.9356D
Common Stock08/15/2025J(1)251.4378A$23.3124,689.3734D
Common Stock11/14/2025J(1)224.9008A$26.33124,914.2743D
Common Stock02/13/2026J(1)214.2859A$27.9125,128.5602D
Common Stock05/15/2026J(1)279.8544A$25.92125,408.4146D
Common Stock12/31/2024J(2)770.54A$015,556.726IBy ESOP
Common Stock12/31/2025J(3)838.32A$016,395.046IBy ESOP
Common Stock12/31/2025J(4)653.78A$017,048.826IBy ESOP
Common Stock05/14/2026J(5)314.11A$017,362.936IBy ESOP
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy)$34.8 (6)03/01/2027Common Stock3,7203,720D
Stock Options (Right to Buy)$33.58 (7)03/01/2028Common Stock2,0002,000D
Stock Options (Right to Buy)$33.58 (6)03/01/2028Common Stock4,1404,140D
Stock Options (Right to Buy)$44.45 (6)03/01/2029Common Stock3,6003,600D
Stock Options (Right to Buy)$40.1 (6)03/02/2030Common Stock2,6702,670D
Stock Options (Right to Buy)$38.25 (6)03/01/2031Common Stock2,0992,099D
Stock Options (Right to Buy)$38.1110/29/202110/29/2031Common Stock3,6163,616D
Stock Options (Right to Buy)$34.03 (6)03/01/2032Common Stock4,6294,629D
Explanation of Responses:
1. Represents additional shares resulting from automatic dividend reinvestment
2. Represents 2024 ESOP allocation posted to reporting owner's account on December 31, 2024
3. Represents 2025 ESOP allocation posted to reporting owner's account on December 31, 2025
4. Represents additional ESOP shares resulting from dividend reinvestment in 2025
5. Represents additional ESOP shares resulting from dividend reinvestment in 2026
6. Exercisable 33% per year beginning on first anniversary date of grant.
7. Exercisable 33% immediately, then 33% per year on first anniversary date of grant.
/s/ Krissy Meyer, Attorney-in-Fact07/28/2026
** Signature of Reporting PersonDate
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)