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Bank of Marin Bancorp (BMRC) EVP reports ESOP gains and option holdings

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Form Type
4

Rhea-AI Filing Summary

Bank of Marin Bancorp Executive Vice President Brandi Campbell reported indirect acquisitions of 1,801.44 shares of common stock through ESOP allocations and dividend reinvestments dated 2024–2026. As of 2024-12-31 she also held 22,540 common shares directly and stock options on 300, 926, 1,829 and 1,709 shares with exercise prices between 34.0300 and 40.1000.

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Insider Campbell Brandi
Role EXECUTIVE VICE PRESIDENT
Type Security Shares Price Value
Other Common Stock F4 68.88 $0.00 $0.00
Other Common Stock F2 838.32 $0.00 $0.00
Other Common Stock F3 123.7 $0.00 $0.00
Other Common Stock F1 770.54 $0.00 $0.00
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 — 4,127.5039 shares (Indirect, ESOP); Stock Options (Right to Buy) — 4,764 shares (Direct); Common Stock — 22,540 shares (Direct)
Footnotes (5)
  1. F1. Represents 2024 ESOP allocation posted to reporting owner's account on December 31, 2024
  2. F2. Represents 2025 ESOP allocation posted to reporting owner's account on December 31, 2025
  3. F3. Represents additional ESOP shares resulting from dividend reinvestment in 2025
  4. F4. Represents additional ESOP shares resulting from dividend reinvestment in 2026
  5. F5. Exercisable 33% per year beginning on first anniversary date of grant.
2024 ESOP allocation 770.5400 shares Represents 2024 ESOP allocation posted to reporting owner's account on 2024-12-31
2025 ESOP allocation 838.3200 shares Represents 2025 ESOP allocation posted to reporting owner's account on 2025-12-31
2025 ESOP dividend reinvestment 123.7000 shares Additional ESOP shares resulting from dividend reinvestment in 2025
2026 ESOP dividend reinvestment 68.8800 shares Additional ESOP shares resulting from dividend reinvestment in 2026
Direct common stock holding 22540.0000 shares Common Stock held directly as of 2024-12-31
Option exercise price 40.1000 Stock option on 300 underlying common shares expiring 2030-03-02
Option exercise price 34.0300 Stock option on 1709 underlying common shares expiring 2032-03-01
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) on Bank of Marin Bancorp common stock"
indirect ownership financial
"Common Stock reported as indirect ownership through ESOP"

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FAQ

What transactions did BMRC executive Brandi Campbell report?

Brandi Campbell, Executive Vice President at Bank of Marin Bancorp, reported indirect acquisitions of 1,801.44 ESOP shares through 2024 and 2025 allocations plus 2025–2026 dividend reinvestments. These ESOP interests are in addition to her directly held common stock and outstanding stock options.

How many Bank of Marin Bancorp (BMRC) shares does Brandi Campbell hold directly?

As of 2024-12-31, Brandi Campbell held 22,540 Bank of Marin Bancorp common shares directly. This direct ownership is separate from her ESOP holdings and from stock options that, if exercised, could provide additional common shares.

What ESOP allocations were reported for BMRC in 2024 and 2025?

Campbell’s account received a 770.5400-share ESOP allocation for 2024 and an 838.3200-share ESOP allocation for 2025, both posted on December 31 of each year. Additional ESOP shares came from dividend reinvestments of 123.7000 shares in 2025 and 68.8800 shares in 2026.

What stock option positions did BMRC’s Brandi Campbell disclose?

Campbell reported stock options on 300 shares at 40.1000 expiring 2030-03-02, 926 shares at 38.2500 expiring 2031-03-01, 1,829 shares at 38.1100 expiring 2031-10-29, and 1,709 shares at 34.0300 expiring 2032-03-01, all on Bank of Marin Bancorp common stock.

Were Brandi Campbell’s BMRC transactions identified as under a Rule 10b5-1 plan?

The Rule 10b5-1 checkbox in the report was not marked, so the disclosure does not identify these transactions as made under a Rule 10b5-1 trading plan. The footnotes describe ESOP allocations, dividend reinvestments and vesting terms, without mentioning any trading plan.

How were BMRC ESOP dividend reinvestments reflected for Brandi Campbell?

Dividend reinvestments added 123.7000 ESOP shares in 2025 and 68.8800 ESOP shares in 2026 to Campbell’s indirect holdings. Footnotes explain these entries as additional ESOP shares resulting from dividend reinvestment, credited to her ESOP account on the respective dates.
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*
Campbell Brandi

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EXECUTIVE VICE PRESIDENT
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 Stock12/31/2024J(1)770.54A$03,096.6039IESOP
Common Stock12/31/2025J(2)838.32A$03,934.9239IESOP
Common Stock12/31/2025J(3)123.7A$04,058.6239IESOP
Common Stock05/14/2026J(4)68.88A$04,127.5039IESOP
Common Stock22,540D
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)$40.1 (5)03/02/2030Common Stock300300D
Stock Options (Right to Buy)$38.25 (5)03/01/2031Common Stock926926D
Stock Options (Right to Buy)$38.1110/29/202110/29/2031Common Stock1,8291,829D
Stock Options (Right to Buy)$34.03 (5)03/01/2032Common Stock1,7091,709D
Explanation of Responses:
1. Represents 2024 ESOP allocation posted to reporting owner's account on December 31, 2024
2. Represents 2025 ESOP allocation posted to reporting owner's account on December 31, 2025
3. Represents additional ESOP shares resulting from dividend reinvestment in 2025
4. Represents additional ESOP shares resulting from dividend reinvestment in 2026
5. Exercisable 33% per year beginning 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)