Bank of Marin director reports 849-share fee grant

Bank of Marin Bancorp director James C. Hale III reported a compensation-related share grant.

Rhea-AI Filing Summary

Bank of Marin Bancorp director James C. Hale III reported a compensation-related share grant. A trust associated with him received 849 shares of common stock at $28.94 per share as payment of a director fee, bringing that trust’s indirect holdings to 18,853 shares.

The filing also lists existing stock options on Bank of Marin Bancorp common stock, including 2,410 underlying shares at an exercise price of $32.55 expiring on July 1, 2032, and 2,559 underlying shares at $32.20 expiring on July 2, 2030. No open‑market buys or sells are reported.

Insider Trade Summary

Other: 849 shares

Other 13 txns

Insider HALE JAMES C III

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	849	$28.94	$25K
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--

Holdings After Transaction: Common Stock — 18,853 shares (Indirect, By Trust); Stock Options (Right to Buy) — 27,965 contracts (Direct)

Footnotes (1)

1. F1. Shares received in payment of Director fee

Key Figures

Director fee shares: 849 shares Director fee share price: $28.94 per share Indirect holdings after transaction: 18,853 shares +3 more

6 metrics

Director fee shares 849 shares Common stock received as payment of director fee

Director fee share price $28.94 per share Transaction price for 849 common shares

Indirect holdings after transaction 18,853 shares Common stock held by trust following the J-code transaction

Option block 1 2,410 underlying shares at $32.55 Stock options (right to buy) expiring July 1, 2032

Option block 2 2,559 underlying shares at $32.20 Stock options (right to buy) expiring July 2, 2030

Option block 3 2,950 underlying shares at $31.23 Stock options (right to buy) expiring July 3, 2027

Key Terms

Stock Options (Right to Buy), Other acquisition or disposition, Indirect ownership, Director fee, +1 more

5 terms

Stock Options (Right to Buy) financial

"security_title: Stock Options (Right to Buy) for underlying common stock"

Other acquisition or disposition financial

"transaction_code_description: Other acquisition or disposition for J-code entry"

Indirect ownership financial

"ownership_type: indirect, nature_of_ownership: By Trust for common stock"

Director fee financial

"footnote: Shares received in payment of Director fee"

exercise price financial

"conversion_or_exercise_price fields show 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Bank of Marin Bancorp (BMRC) director James C. Hale III report in this Form 4?

He reported a compensation-related share grant. A trust associated with James C. Hale III received 849 shares of Bank of Marin Bancorp common stock as payment of a director fee, and the filing also updates his schedule of outstanding stock option awards.

How many BMRC shares did the trust receive and at what price in the latest filing?

The trust received 849 shares of Bank of Marin Bancorp common stock. These shares were valued at a transaction price of $28.94 per share, and the Form 4 notes that they were received specifically as payment of a director fee rather than through an open-market purchase.

Are the BMRC shares in this Form 4 an open-market purchase or director compensation?

They are director compensation, not an open-market purchase. The footnote states the 849 Bank of Marin Bancorp shares were “Shares received in payment of Director fee,” and the transaction code is J, categorized as “Other acquisition or disposition” rather than a standard market trade.

How many BMRC shares does the trust hold after this director fee payment?

After the transaction, the trust holds 18,853 shares of Bank of Marin Bancorp common stock. This total is shown as the “amount of securities beneficially owned following reported transaction” for the indirect holding, reflecting the updated position after receiving the 849 compensation shares.

What stock options does James C. Hale III hold on Bank of Marin Bancorp shares?

He holds multiple stock option awards on BMRC common stock. Examples include options over 2,410 underlying shares at an exercise price of $32.55 expiring on July 1, 2032, and 2,559 underlying shares at $32.20 expiring on July 2, 2030, all reported as direct derivative holdings.

Does this BMRC Form 4 show any insider buying or selling in the open market?

It does not show open-market buying or selling. The only non-derivative transaction is a J-code entry where 849 shares were received as a director fee by a trust, and the remaining entries are holdings of existing stock options rather than new market trades.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/01/2026 - 06:23 PM Learn about SEC filing dates

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^*

HALE JAMES C III

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		J(1)		849	A	$28.94	18,853	I	By Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$34.6							01/03/2017	01/03/2027	Common Stock	2,378		2,378	D
Stock Options (Right to Buy)	$31.23							07/03/2017	07/03/2027	Common Stock	2,950		2,950	D
Stock Options (Right to Buy)	$33.9							01/02/2018	01/02/2028	Common Stock	2,546		2,546	D
Stock Options (Right to Buy)	$40.7							07/02/2018	07/02/2028	Common Stock	1,918		1,918	D
Stock Options (Right to Buy)	$41.35							01/02/2019	01/02/2029	Common Stock	1,976		1,976	D
Stock Options (Right to Buy)	$41.8							07/01/2019	07/01/2029	Common Stock	2,154		2,154	D
Stock Options (Right to Buy)	$44.85							01/02/2020	01/02/2030	Common Stock	2,038		2,038	D
Stock Options (Right to Buy)	$32.2							07/01/2020	07/02/2030	Common Stock	2,559		2,559	D
Stock Options (Right to Buy)	$34.86							01/04/2021	01/04/2031	Common Stock	2,240		2,240	D
Stock Options (Right to Buy)	$32.41							07/01/2021	07/01/2031	Common Stock	2,479		2,479	D
Stock Options (Right to Buy)	$32.55							07/01/2022	07/01/2032	Common Stock	2,410		2,410	D
Stock Options (Right to Buy)	$32.54							01/03/2023	01/03/2023	Common Stock	2,317		2,317	D

Explanation of Responses:

1. Shares received in payment of Director fee

	/s/ Krissy Meyer, Attorney-in-Fact	07/01/2026
	** 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)