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Bank of Marin Bancorp (BMRC) director receives 849 shares as fee

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. [object Object]
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
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."

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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.

How many Bank of Marin Bancorp shares did the director receive and at what value?

The director received 849 shares of Bank of Marin Bancorp Common Stock, valued at approximately $28.94 per share on the transaction date. This reflects stock compensation rather than a cash director fee.

What is Watson Secil Tabli’s shareholding in BMRC after this transaction?

After receiving 849 shares as a director fee, Watson Secil Tabli directly holds 11,005 shares of Bank of Marin Bancorp Common Stock. This post-transaction amount reflects the director’s direct ownership position reported on the Form 4.

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.
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*
Watson Secil Tabli

(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$28.9411,005D
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)