Bank of Marin Bancorp (BMRC) director granted 849 shares as fee
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank of Marin Bancorp director Brian M. Sobel reported a routine equity compensation transaction. He received 849 shares of common stock as payment for a director fee, valued at $28.94 per share. Following this transaction, he directly holds 34,696 shares of Bank of Marin Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sobel Brian M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 849 | $28.94 | $25K |
Holdings After Transaction:
Common Stock — 34,696 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares received: 849 shares
Reported share value: $28.94 per share
Shares held after: 34,696 shares
3 metrics
Shares received
849 shares
Common Stock received as director fee
Reported share value
$28.94 per share
Value for director fee stock compensation
Shares held after
34,696 shares
Direct holdings following the transaction
Key Terms
Director fee, Form 4, Other acquisition or disposition
3 terms
Director fee financial
"Shares received in payment of Director fee"
Form 4 regulatory
"Insider transaction reported on Form 4 for Bank of Marin Bancorp"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Other acquisition or disposition regulatory
"Transaction code description is Other acquisition or disposition"
FAQ
What insider transaction did Bank of Marin Bancorp (BMRC) report for Brian M. Sobel?
Bank of Marin Bancorp director Brian M. Sobel reported receiving 849 shares of common stock. The Form 4 shows this as a routine equity compensation event rather than an open-market purchase or sale.
What are Brian M. Sobel’s Bank of Marin Bancorp (BMRC) holdings after the reported transaction?
After the reported compensation transaction, Brian M. Sobel directly holds 34,696 shares of Bank of Marin Bancorp common stock. This figure reflects his position immediately following receipt of the 849 director fee shares.
How is the Bank of Marin Bancorp (BMRC) Form 4 transaction classified by the SEC code?
The transaction is coded “J” on the Form 4, described as “Other acquisition or disposition.” The filing’s summary characterizes it as a restructuring-type event with 849 shares tied to director fee compensation.