STOCK TITAN

[Form 4] Bank of Marin Bancorp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Bank of Marin Bancorp (BMRC) – Form 4 insider transaction

Director Secil Tabli Watson reported the receipt of 992 BMRC common shares on 01 July 2025. The transaction is coded “J,” indicating an acquisition that was not an open-market trade but rather compensation in lieu of a cash director fee. The shares were valued at $24.05 each, representing roughly $24 thousand in equity. Following the issuance, Watson’s direct holdings increased to 9,231 shares.

No derivative securities were involved, and there were no dispositions. While the dollar amount is modest relative to BMRC’s market capitalization, the filing signals continued board-level equity alignment.

Bank of Marin Bancorp (BMRC) – Transazione interna Form 4

La direttrice Secil Tabli Watson ha comunicato la ricezione di 992 azioni ordinarie BMRC in data 01 luglio 2025. La transazione è contrassegnata con il codice “J”, che indica un'acquisizione non effettuata tramite mercato aperto, ma come compenso in sostituzione del compenso in denaro per il ruolo di direttrice. Le azioni sono state valutate a 24,05 $ ciascuna, per un valore complessivo di circa 24 mila dollari in capitale azionario. Dopo l'emissione, la partecipazione diretta di Watson è aumentata a 9.231 azioni.

Non sono stati coinvolti strumenti derivati né ci sono state cessioni. Sebbene l'importo in dollari sia modesto rispetto alla capitalizzazione di mercato di BMRC, questa comunicazione evidenzia un continuo allineamento azionario a livello di consiglio di amministrazione.

Bank of Marin Bancorp (BMRC) – Transacción interna Formulario 4

La directora Secil Tabli Watson informó la recepción de 992 acciones comunes de BMRC el 01 de julio de 2025. La transacción está codificada como “J”, lo que indica una adquisición que no fue una operación en mercado abierto, sino una compensación en lugar de una tarifa en efectivo por su rol como directora. Las acciones se valoraron en $24.05 cada una, representando aproximadamente $24 mil en capital. Tras la emisión, las tenencias directas de Watson aumentaron a 9,231 acciones.

No se involucraron valores derivados ni hubo disposiciones. Aunque el monto en dólares es modesto en relación con la capitalización de mercado de BMRC, la presentación señala una continua alineación accionaria a nivel del consejo.

Bank of Marin Bancorp (BMRC) – Form 4 내부자 거래

이사 Secil Tabli Watson2025년 7월 1일992 BMRC 보통주를 수령했다고 보고했습니다. 거래는 “J” 코드로 표시되었으며, 이는 공개 시장 거래가 아닌 현금 이사 보수 대신 지급된 보상임을 의미합니다. 주당 가치는 $24.05로 약 $24,000 상당의 지분 가치입니다. 발행 후 Watson의 직접 보유 주식은 9,231주로 증가했습니다.

파생상품은 포함되지 않았으며 처분도 없었습니다. 금액은 BMRC 시가총액에 비해 적지만, 이번 신고는 이사회 차원의 지속적인 주식 보유 일치를 나타냅니다.

Bank of Marin Bancorp (BMRC) – Transaction d’initié Formulaire 4

La directrice Secil Tabli Watson a déclaré la réception de 992 actions ordinaires BMRC le 1er juillet 2025. La transaction est codée « J », indiquant une acquisition qui n’était pas une opération sur le marché ouvert, mais une compensation en lieu et place d’honoraires en espèces pour son rôle de directrice. Les actions ont été évaluées à 24,05 $ chacune, représentant environ 24 000 $ en capital. Suite à cette émission, la détention directe de Watson est passée à 9 231 actions.

Aucun titre dérivé n’a été impliqué, et aucune cession n’a eu lieu. Bien que le montant en dollars soit modeste par rapport à la capitalisation boursière de BMRC, ce dépôt signale un alignement continu des intérêts au niveau du conseil d’administration.

Bank of Marin Bancorp (BMRC) – Form 4 Insider-Transaktion

Die Direktorin Secil Tabli Watson meldete den Erhalt von 992 BMRC-Stammaktien am 01. Juli 2025. Die Transaktion ist mit dem Code „J“ gekennzeichnet, was auf einen Erwerb hinweist, der kein Handel am offenen Markt war, sondern eine Vergütung anstelle einer Barvergütung für die Direktorenfunktion darstellt. Die Aktien wurden mit je 24,05 $ bewertet, was einem Wert von etwa 24.000 $ entspricht. Nach der Ausgabe stieg Watsons Direktbestand auf 9.231 Aktien.

Es waren keine Derivate beteiligt und es gab keine Veräußerungen. Obwohl der Dollarbetrag im Verhältnis zur Marktkapitalisierung von BMRC bescheiden ist, signalisiert die Meldung eine fortgesetzte Ausrichtung des Vorstands auf Eigenkapital.

Positive
  • Equity-based director compensation modestly increases insider ownership, signalling continued alignment between the board and shareholders.
Negative
  • Transaction is not an open-market purchase; therefore, it lacks the stronger confidence signal typically associated with insiders buying shares with personal capital.

Insights

TL;DR: Modest, non-open-market share issuance to director; negligible effect on valuation.

The Form 4 shows a routine equity payment: 992 shares ($24k) granted to Director Secil Tabli Watson as a board fee. Because it is coded "J," the shares were not purchased with personal funds; therefore, it does not represent insider buying in the conventional sense that might imply incremental confidence. Watson’s total direct stake rises to 9,231 shares, a small percentage of BMRC’s ~6 million-share float. From a governance viewpoint, paying fees in stock fosters alignment, but the size is immaterial to earnings or book value. Overall impact on the investment thesis is neutral.

Bank of Marin Bancorp (BMRC) – Transazione interna Form 4

La direttrice Secil Tabli Watson ha comunicato la ricezione di 992 azioni ordinarie BMRC in data 01 luglio 2025. La transazione è contrassegnata con il codice “J”, che indica un'acquisizione non effettuata tramite mercato aperto, ma come compenso in sostituzione del compenso in denaro per il ruolo di direttrice. Le azioni sono state valutate a 24,05 $ ciascuna, per un valore complessivo di circa 24 mila dollari in capitale azionario. Dopo l'emissione, la partecipazione diretta di Watson è aumentata a 9.231 azioni.

Non sono stati coinvolti strumenti derivati né ci sono state cessioni. Sebbene l'importo in dollari sia modesto rispetto alla capitalizzazione di mercato di BMRC, questa comunicazione evidenzia un continuo allineamento azionario a livello di consiglio di amministrazione.

Bank of Marin Bancorp (BMRC) – Transacción interna Formulario 4

La directora Secil Tabli Watson informó la recepción de 992 acciones comunes de BMRC el 01 de julio de 2025. La transacción está codificada como “J”, lo que indica una adquisición que no fue una operación en mercado abierto, sino una compensación en lugar de una tarifa en efectivo por su rol como directora. Las acciones se valoraron en $24.05 cada una, representando aproximadamente $24 mil en capital. Tras la emisión, las tenencias directas de Watson aumentaron a 9,231 acciones.

No se involucraron valores derivados ni hubo disposiciones. Aunque el monto en dólares es modesto en relación con la capitalización de mercado de BMRC, la presentación señala una continua alineación accionaria a nivel del consejo.

Bank of Marin Bancorp (BMRC) – Form 4 내부자 거래

이사 Secil Tabli Watson2025년 7월 1일992 BMRC 보통주를 수령했다고 보고했습니다. 거래는 “J” 코드로 표시되었으며, 이는 공개 시장 거래가 아닌 현금 이사 보수 대신 지급된 보상임을 의미합니다. 주당 가치는 $24.05로 약 $24,000 상당의 지분 가치입니다. 발행 후 Watson의 직접 보유 주식은 9,231주로 증가했습니다.

파생상품은 포함되지 않았으며 처분도 없었습니다. 금액은 BMRC 시가총액에 비해 적지만, 이번 신고는 이사회 차원의 지속적인 주식 보유 일치를 나타냅니다.

Bank of Marin Bancorp (BMRC) – Transaction d’initié Formulaire 4

La directrice Secil Tabli Watson a déclaré la réception de 992 actions ordinaires BMRC le 1er juillet 2025. La transaction est codée « J », indiquant une acquisition qui n’était pas une opération sur le marché ouvert, mais une compensation en lieu et place d’honoraires en espèces pour son rôle de directrice. Les actions ont été évaluées à 24,05 $ chacune, représentant environ 24 000 $ en capital. Suite à cette émission, la détention directe de Watson est passée à 9 231 actions.

Aucun titre dérivé n’a été impliqué, et aucune cession n’a eu lieu. Bien que le montant en dollars soit modeste par rapport à la capitalisation boursière de BMRC, ce dépôt signale un alignement continu des intérêts au niveau du conseil d’administration.

Bank of Marin Bancorp (BMRC) – Form 4 Insider-Transaktion

Die Direktorin Secil Tabli Watson meldete den Erhalt von 992 BMRC-Stammaktien am 01. Juli 2025. Die Transaktion ist mit dem Code „J“ gekennzeichnet, was auf einen Erwerb hinweist, der kein Handel am offenen Markt war, sondern eine Vergütung anstelle einer Barvergütung für die Direktorenfunktion darstellt. Die Aktien wurden mit je 24,05 $ bewertet, was einem Wert von etwa 24.000 $ entspricht. Nach der Ausgabe stieg Watsons Direktbestand auf 9.231 Aktien.

Es waren keine Derivate beteiligt und es gab keine Veräußerungen. Obwohl der Dollarbetrag im Verhältnis zur Marktkapitalisierung von BMRC bescheiden ist, signalisiert die Meldung eine fortgesetzte Ausrichtung des Vorstands auf Eigenkapital.

SEC Form 4
FORM 4 UNITED 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 CA 94947

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bank of Marin Bancorp [ BMRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 07/01/2025 J(1) 992 A $24.05 9,231 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares received in payment of Director Fee
/s/ Krissy Meyer, Attorney-in-Fact 07/02/2025
** Signature of Reporting Person Date
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.

FAQ

How many BMRC shares did Director Secil Tabli Watson acquire?

Watson received 992 common shares.

What was the transaction price reported on the Form 4?

The shares were valued at $24.05 each.

What is Director Watson's total BMRC shareholding after the transaction?

Her direct ownership rose to 9,231 shares.

Was this an open-market purchase by the director?

No. The filing uses code "J", indicating shares were issued as compensation, not bought on the market.

Does this Form 4 include any derivative securities?

No derivative securities were reported in Table II.
Bank Marin Bancorp

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