Bank of Marin Bancorp (BMRC) director granted 849 shares as fee compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank of Marin Bancorp director Nicolas C. Anderson reported a routine compensation transaction. He received 849 shares of Common Stock as payment for a director fee, valued at $28.94 per share. Following this award, his directly held position increased to 13,611 shares of Bank of Marin Bancorp common stock. This filing reflects a non-market, compensation-related share issuance rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Nicolas C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 849 | $28.94 | $25K |
Holdings After Transaction:
Common Stock — 13,611 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares received: 849 shares
Per-share value: $28.94 per share
Post-transaction holdings: 13,611 shares
3 metrics
Shares received
849 shares
Common Stock received as director fee
Per-share value
$28.94 per share
Value shown for compensation shares
Post-transaction holdings
13,611 shares
Total Common Stock directly held after transaction
Key Terms
Form 4, Common Stock, Director fee, Other acquisition or disposition
4 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
Common Stock financial
""security_title": "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
"Shares received in payment of Director fee"
Other acquisition or disposition regulatory
""transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did Bank of Marin Bancorp (BMRC) disclose on this Form 4?
Bank of Marin Bancorp disclosed that director Nicolas C. Anderson received 849 shares of Common Stock as payment for a director fee. The shares were valued at $28.94 each and represent a routine, non-market compensation award rather than an open-market purchase or sale.
What are Nicolas C. Anderson’s Bank of Marin Bancorp (BMRC) holdings after this Form 4 transaction?
After receiving 849 shares as a director fee, Nicolas C. Anderson holds 13,611 shares of Bank of Marin Bancorp Common Stock directly. This updated total reflects his position immediately following the reported compensation transaction and provides context for the scale of the award relative to his overall holdings.
Was the Bank of Marin Bancorp (BMRC) Form 4 transaction a market buy or sell?
The Form 4 transaction was not a market buy or sell. It is classified under code J as “Other acquisition or disposition,” with a footnote stating the shares were received in payment of a director fee, indicating a compensation-related share award rather than open-market trading.
What does transaction code J mean in the Bank of Marin Bancorp (BMRC) Form 4 filing?
Transaction code J in this Form 4 indicates an “Other acquisition or disposition” of securities. In this case, a footnote clarifies that director Nicolas C. Anderson received 849 shares as payment of a director fee, making it a routine compensation grant, not a discretionary stock trade.