Farmers & Merchants (FMAO) director logs 9,000-share Rule 10b5-1 sale
Rhea-AI Filing Summary
Farmers & Merchants Bancorp Inc. director Andrew J. Briggs reported selling a total of 9,000 shares of common stock in three open market or private transactions from July 29–31, 2026, at prices between $33.07 and $34.86, pursuant to a Rule 10b5-1 trading plan. Each transaction covered 3,000 shares of directly held stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,000 shares
Net Sell
3 txns
Insider
Briggs Andrew J
Role
Director
Sold
9,000 shs ($307K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $33.07 | $99K |
| Sale | Common Stock | 3,000 | $34.86 | $105K |
| Sale | Common Stock | 3,000 | $34.48 | $103K |
Holdings After Transaction:
Common Stock — 84,550 shares (Direct)
Key Figures
Total shares sold: 9000 shares
Sale on 2026-07-31: 3000.0000 shares at $33.0700
Sale on 2026-07-30: 3000.0000 shares at $34.8600
+2 more
5 metrics
Total shares sold
9000 shares
Aggregate common stock sold by Andrew J. Briggs across reported transactions
Sale on 2026-07-31
3000.0000 shares at $33.0700
Common stock sale on July 31, 2026
Sale on 2026-07-30
3000.0000 shares at $34.8600
Common stock sale on July 30, 2026
Sale on 2026-07-29
3000.0000 shares at $34.4800
Common stock sale on July 29, 2026
Net share change
-9000 shares
Net shares sold in non-derivative transactions reported in this Form 4
Key Terms
Rule 10b5-1, open market or private transaction, non-derivative
3 terms
Rule 10b5-1 regulatory
"transactions were executed under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction market
"Sale in open market or private transaction"
non-derivative financial
"transaction_type is non-derivative for each common stock sale"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Farmers & Merchants Bancorp (FMAO) disclose in this Form 4?
Farmers & Merchants Bancorp reported that director Andrew J. Briggs sold 9,000 common shares in three open market or private transactions. The trades occurred on July 29, 30, and 31, 2026, and were executed under a Rule 10b5-1 trading plan.
Were the recent Farmers & Merchants Bancorp (FMAO) insider sales under a Rule 10b5-1 plan?
Yes. The filing indicates the company’s Rule 10b5-1 checkbox is marked, meaning the reported transactions were executed under a pre-arranged trading plan. Such plans automate trades according to preset instructions rather than discretionary timing decisions.
Did the FMAO Form 4 report any derivative securities transactions?
No derivative positions are listed; the Form 4 reports only non-derivative common stock transactions. Each entry is labeled as non-derivative, and the trades all involve direct holdings of Farmers & Merchants Bancorp common stock rather than options, warrants, or other instruments.