FMAO director sells 6,000 shares in open market

FARMERS & MERCHANTS BANCORP INC director Andrew J. Briggs sold shares in two recent open-market transactions.

Rhea-AI Filing Summary

FARMERS & MERCHANTS BANCORP INC director Andrew J. Briggs sold shares in two recent open-market transactions. He sold 3,000 shares of Common Stock on May 14, 2026 at $26.66 per share and another 3,000 shares on May 15, 2026 at $26.57 per share, totaling 6,000 shares. After these sales, he directly owns 243,085 shares of the company’s common stock, indicating the transactions were small relative to his remaining stake.

Insights

Equity governance analyst

Director executes small open-market sales, retains large position.

Director Andrew J. Briggs completed two open-market sales totaling 6,000 shares of FARMERS & MERCHANTS BANCORP INC common stock at prices around $26.60 per share. These are straightforward non-derivative transactions with no options or conversions involved.

Following the trades, Briggs still holds 243,085 shares directly, so the sale represents only a small portion of his visible position. With no derivatives outstanding in this filing and no trading plan or special footnotes disclosed, the transactions appear routine from a governance perspective.

Insider Trade Summary 10b5-1

Net Seller: 6,000 shares

Net Sell 2 txns

Insider Briggs Andrew J

Role Director

Sold 6,000 shs ($160K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,000	$26.57	$80K
Sale	Common Stock	3,000	$26.66	$80K

Holdings After Transaction: Common Stock — 243,085 shares (Direct)

Key Figures

Total shares sold: 6,000 shares Shares sold May 14, 2026: 3,000 shares at $26.66 Shares sold May 15, 2026: 3,000 shares at $26.57 +2 more

5 metrics

Total shares sold 6,000 shares Open-market sales in May 2026

Shares sold May 14, 2026 3,000 shares at $26.66 Non-derivative open-market sale

Shares sold May 15, 2026 3,000 shares at $26.57 Non-derivative open-market sale

Shares owned after transactions 243,085 shares Direct ownership following sales

Average sale price range $26.57–$26.66 Per-share prices in reported sales

Key Terms

open-market sale, non-derivative, Common Stock, direct ownership

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

"transaction_type: "non-derivative""

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.

direct ownership financial

"ownership_type: "direct" and ownership_code: "D""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Andrew J. Briggs do in this Form 4 for FMAO?

Andrew J. Briggs reported selling 6,000 shares of FARMERS & MERCHANTS BANCORP INC common stock in open-market transactions. The sales occurred over two days and were disclosed as standard non-derivative trades at prices around $26.60 per share.

How many FMAO shares did Andrew J. Briggs sell and at what prices?

Briggs sold 6,000 FMAO common shares in total. He sold 3,000 shares at $26.66 per share on May 14, 2026 and 3,000 shares at $26.57 per share on May 15, 2026 in open-market trades.

How many FARMERS & MERCHANTS BANCORP INC shares does Briggs own after these sales?

After the reported transactions, Briggs directly owns 243,085 FMAO common shares. This post-transaction holding shows that the 6,000 shares sold are a small fraction of his overall direct ownership position in the company.

Were Andrew J. Briggs’s FMAO transactions option exercises or derivative-related?

No, the reported FMAO transactions are non-derivative open-market sales of common stock. The filing shows no option exercises, conversions, or other derivative activity, and the derivative position summary is empty for this reporting period.

Are Andrew J. Briggs’s FMAO holdings reported as direct or indirect ownership?

The Form 4 shows Briggs’s FMAO holdings and sales as direct ownership. Each transaction is coded with direct ownership, and there are no footnotes indicating trusts, LLCs, or other entities holding the reported shares on his behalf.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/18/2026 - 02:33 PM EDT Learn about SEC filing dates

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).

X

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^*

Briggs Andrew J

(Last) (First) (Middle)

130 E. LINE ST

(Street)

GENEVA INDIANA 46740

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FARMERS & MERCHANTS BANCORP INC [ FMAO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/14/2026		S		3,000	D	$26.66	246,085	D
Common Stock	05/15/2026		S		3,000	D	$26.57	243,085	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:

	//s//Melinda L. Gies, Attorney in Fact	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)