Farmers & Merchants CRO sells 1,148 shares

Farmers & Merchants Bancorp Inc. Chief Risk Officer Eric D. Faust reported an open-market sale of 1,148 shares of common stock at $25.16 per share.

Rhea-AI Filing Summary

Farmers & Merchants Bancorp Inc. Chief Risk Officer Eric D. Faust reported an open-market sale of 1,148 shares of common stock at $25.16 per share. After this transaction, he directly holds 5,538 shares, indicating he retains a meaningful equity stake in the company.

Insider Trade Summary

Net Seller: 1,148 shares

Net Sell 1 txn

Insider Faust Eric D

Role Chief Risk Officer

Sold 1,148 shs ($29K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,148	$25.16	$29K

Holdings After Transaction: Common Stock — 5,538 shares (Direct)

FAQ

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

What insider transaction did FMAO report for Eric D. Faust?

Farmers & Merchants Bancorp Inc. reported that Chief Risk Officer Eric D. Faust completed an open-market sale of common stock. He sold 1,148 shares in a single transaction and continues to hold additional shares directly after this sale.

How many Farmers & Merchants (FMAO) shares did Eric D. Faust sell?

Eric D. Faust sold 1,148 shares of Farmers & Merchants Bancorp Inc. common stock. This amount reflects the total shares involved in the disclosed open-market transaction on the reported date, as shown in the insider trading report.

At what price were Eric D. Faust’s FMAO shares sold?

The reported 1,148 Farmers & Merchants Bancorp Inc. shares were sold at an average price of $25.16 per share. This transaction price comes directly from the insider filing detailing the open-market sale by the company’s Chief Risk Officer.

How many FMAO shares does Eric D. Faust hold after the sale?

Following the sale, Eric D. Faust directly holds 5,538 shares of Farmers & Merchants Bancorp Inc. common stock. This post-transaction balance shows his remaining ownership position after the reported open-market sale of 1,148 shares.

Was the FMAO insider transaction a buy or a sell?

The transaction was a sale. The filing identifies the code as an open-market sale of common stock, with 1,148 shares sold by Chief Risk Officer Eric D. Faust at an average price of $25.16 per share.

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

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Accepted by SEC EDGAR 03/25/2026 - 06:52 PM 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).

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^*

Faust Eric D

(Last) (First) (Middle)

1914 WOODWARD AVE. SE

(Street)

GRAND RAPIDS MICHIGAN 49506

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

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	03/23/2026		S		1,148	D	$25.16	5,538	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	03/25/2026
	** 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)