Bank of Marin Bancorp (BMRC) CFO details updated stock and ESOP stake
Rhea-AI Filing Summary
Bank of Marin Bancorp executive David Bonaccorso, EVP and Chief Financial Officer, reported updated common stock holdings. He now holds 17,764 shares directly and 1,622.41 shares indirectly through an ESOP. The ESOP balance reflects 2024 and 2025 allocations and dividend reinvestment in 2025 and 2026. The report shows updated holdings only, with no share purchases or sales listed.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bonaccorso David
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,622.41 shares (Indirect, ESOP);
Common Stock — 17,764 shares (Direct)
Footnotes (1)
- F1. Represents 2024 and 2025 ESOP allocations posted to reporting owner's account on December 31, 2024 and December 31, 2025 and additional ESOP shares resulting from dividend reinvestment in 2025 and 2026.
Key Figures
Direct common shares held: 17764.0000 shares
Indirect ESOP shares held: 1622.4100 shares
Reported holding entries: 2 entries
3 metrics
Direct common shares held
17764.0000 shares
Total direct common stock ownership following the reported holdings update
Indirect ESOP shares held
1622.4100 shares
Common shares held indirectly through ESOP after allocations and dividend reinvestment
Reported holding entries
2 entries
Two common stock holding lines, one direct and one ESOP-based indirect
Key Terms
ESOP, dividend reinvestment, ESOP allocations
3 terms
ESOP financial
"Represents 2024 and 2025 ESOP allocations 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
"and additional ESOP shares resulting from dividend reinvestment in 2025 and 2026"
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.
ESOP allocations financial
"Represents 2024 and 2025 ESOP allocations posted to reporting owner's account"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock holdings did BMRC executive David Bonaccorso report?
David Bonaccorso, EVP and CFO of Bank of Marin Bancorp, reported direct ownership of 17,764 common shares and indirect ownership of 1,622.41 shares through an ESOP, credited to his account from allocations and dividend reinvestment over 2024–2026.
What period do the ESOP allocations and dividend reinvestments for BMRC cover?
The ESOP balance for BMRC represents 2024 and 2025 ESOP allocations posted to David Bonaccorso’s account, plus additional ESOP shares from dividend reinvestment in 2025 and 2026, as described in the explanatory footnote to the holdings.
Were the BMRC insider holdings updated under a Rule 10b5-1 trading plan?
The Rule 10b5-1 plan checkbox is not marked for this BMRC insider report. That indicates the updated holdings, including ESOP allocations and dividend reinvestment, are not identified as arising under an affirmed Rule 10b5-1 trading arrangement.