Bank of Marin Bancorp (BMRC) director receives 849 shares as fee
Rhea-AI Filing Summary
Bank of Marin Bancorp director Watson Secil Tabli received 849 shares of Common Stock as payment for a director fee. The shares were valued at about $28.94 per share on the transaction date. After this compensation transaction, the director directly holds 11,005 shares of Bank of Marin Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Watson Secil Tabli
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 849 | $28.94 | $25K |
Holdings After Transaction:
Common Stock — 11,005 shares (Direct)
Footnotes (1)
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Key Figures
Shares received: 849 shares
Per-share value: $28.94 per share
Shares after transaction: 11,005 shares
+1 more
4 metrics
Shares received
849 shares
Common Stock received as payment of director fee
Per-share value
$28.94 per share
Value of Common Stock on transaction date for fee payment
Shares after transaction
11,005 shares
Director’s direct Common Stock holdings following the transaction
Restructuring shares tagged
849 shares
Shares classified under restructuring-related “other” transactions
Key Terms
Common Stock, Director fee, transaction code J
3 terms
Common Stock financial
"The security title involved in the transaction is 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
"A footnote states the shares were received in payment of Director fee."
transaction code J financial
"The filing reports transaction code J, described as other acquisition or disposition."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Bank of Marin Bancorp (BMRC) disclose?
Bank of Marin Bancorp disclosed that director Watson Secil Tabli received 849 shares of Common Stock as payment for a director fee. This is a compensation-related share issuance, not an open-market trade.
Was this Bank of Marin Bancorp insider transaction a stock purchase or sale?
This transaction was not reported as a purchase or sale. It is coded as an “other” transaction, with a footnote stating the shares were received in payment of a director fee, indicating compensation rather than an open-market trade.
What does transaction code J mean in this BMRC Form 4 filing?
Transaction code J in this Form 4 indicates an “other acquisition or disposition.” In this case, a footnote clarifies that the 849 shares were received as payment of a director fee, making it a compensation-related acquisition of stock.