STOCK TITAN

Bank of Marin Bancorp (BMRC) director paid board fee in stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bank of Marin Bancorp director Joel Sklar reported a routine equity compensation transaction. A trust associated with Sklar received 849 shares of Common Stock as payment of a director fee, valued at $28.94 per share. Following this non-market transaction, the trust’s indirect holdings total 126,418.4596 shares.

Positive

  • None.

Negative

  • None.
Insider Sklar Joel
Role Director
Type Security Shares Price Value
Other Common Stock 849 $28.94 $25K
Holdings After Transaction: Common Stock — 126,418.46 shares (Indirect, By Trust)
Footnotes (1)
  1. [object Object]
Director fee shares 849 shares Common Stock received as director fee
Implied share value $28.94 per share Valuation used for director fee shares
Post-transaction indirect holdings 126,418.4596 shares Common Stock held indirectly by trust after transaction
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Director fee financial
"Shares received in payment of Director fee"
By Trust financial
"nature_of_ownership: "By Trust""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Other acquisition or disposition financial
"transaction_code_description: "Other acquisition or disposition""
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FAQ

What insider transaction did Bank of Marin Bancorp (BMRC) director Joel Sklar report?

Director Joel Sklar reported receiving 849 Bank of Marin Bancorp common shares as payment of a director fee. The shares were credited to a trust, reflecting routine equity-based compensation rather than an open-market purchase or sale.

Was the BMRC Joel Sklar Form 4 transaction a buy or sell of shares?

The Form 4 does not show an open-market buy or sell. It records an “other” transaction where a trust received 849 common shares as a director fee, meaning compensation in stock, not a discretionary trade.

How many BMRC shares does the trust associated with Joel Sklar now hold?

After the reported director fee payment, the trust’s indirect holdings total 126,418.4596 common shares of Bank of Marin Bancorp. This figure comes directly from the Form 4’s post-transaction ownership column.

What price per share was used for Joel Sklar’s BMRC director fee shares?

The director fee shares were valued at $28.94 per Bank of Marin Bancorp common share. This per-share value appears in the Form 4 as the transaction price for the 849 shares received.

How is Joel Sklar’s ownership in BMRC characterized in this Form 4 filing?

The 849 shares are reported as indirectly owned “By Trust.” This means the shares are held through a trust associated with Joel Sklar, rather than in his direct personal name, consistent with the filing’s indirect ownership code.
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*
Sklar Joel

(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
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)
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 Stock07/01/2026J(1)849A$28.94126,418.4596IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares received in payment of Director fee
/s/ Krissy Meyer, Attorney-in-Fact07/01/2026
** 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)