Bank of Marin director receives 849-share fee grant
Bank of Marin Bancorp director Russell A. Colombo reported receiving 849 shares of Common Stock at $28.94 per share as payment of a director fee, held indirectly as trustee of the Colombo Family Trust.
Rhea-AI Filing Summary
Bank of Marin Bancorp director Russell A. Colombo reported receiving 849 shares of Common Stock at $28.94 per share as payment of a director fee, held indirectly as trustee of the Colombo Family Trust. This is a compensation-related share grant, not an open-market purchase or sale.
After this entry, indirect trust holdings total 44,409 Common shares, with an additional 13,692 shares held through an IRA and 2,551 shares held directly. Colombo also holds several stock option awards on Bank of Marin Common Stock with exercise prices between $33.58 and $44.45, expiring between 2027 and 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 849 shares
Other
9 txns
Insider
Colombo Russell A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 849 | $28.94 | $25K |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,409 shares (Indirect, As Trustee of Colombo Family Trust);
Stock Options (Right to Buy) — 49,503 contracts (Direct);
Common Stock — 2,551 shares (Direct);
Common Stock — 13,692 shares (Indirect, By IRA)
Footnotes (3)
- F1. Shares received as payment of Director fee
- F2. Exercisable 33% per year beginning on first anniversary date of grant.
- F3. Exercisable 33% immediately, then 33% per year on first anniversary date of grant.
Key Figures
Director fee shares: 849 shares
Director fee price: $28.94 per share
Trust holdings: 44,409 shares
+5 more
8 metrics
Director fee shares
849 shares
Common Stock received as payment of director fee at $28.94
Director fee price
$28.94 per share
Value used for 849 director fee shares
Trust holdings
44,409 shares
Common Stock held indirectly as trustee of Colombo Family Trust
IRA holdings
13,692 shares
Common Stock held indirectly via IRA after transactions
Direct holdings
2,551 shares
Common Stock held directly by Russell A. Colombo
Option exercise price range
$33.58–$44.45
Exercise prices for multiple Stock Options (Right to Buy)
Earliest option expiry
March 1, 2027
Expiration date for one Stock Options grant
Latest option expiry
March 1, 2031
Expiration date for latest Stock Options grant
Key Terms
Stock Options (Right to Buy), Director fee, Colombo Family Trust, IRA, +1 more
5 terms
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)" with underlying Common Stock"
Director fee financial
"Footnote: "Shares received as payment of Director fee""
Colombo Family Trust financial
"nature_of_ownership: "As Trustee of Colombo Family Trust""
IRA financial
"nature_of_ownership: "By IRA" for indirect Common Stock holding"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Other acquisition or disposition financial
"transaction_code_description: "Other acquisition or disposition" for code J"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bank of Marin Bancorp (BMRC) report for Russell A. Colombo?
Russell A. Colombo reported receiving 849 shares of Bank of Marin Bancorp Common Stock at $28.94 per share. The shares were received as payment of a director fee and are held indirectly as trustee of the Colombo Family Trust.
What stock options for BMRC does Russell A. Colombo currently have according to the filing?
Colombo holds several Stock Options (Right to Buy) on Bank of Marin Common Stock. Exercise prices range from $33.58 to $44.45, with expiration dates from March 1, 2027 through March 1, 2031, covering multiple option grants.
What do the footnotes in Russell A. Colombo’s BMRC Form 4 explain?
One footnote states the 849 shares were “Shares received as payment of Director fee.” Other footnotes explain that certain stock option awards become exercisable in 33% increments, either beginning on the first anniversary of the grant or partially immediately.
AI-generated analysis. How Rhea-AI works. Not financial advice.
