FARMERS & MERCHANTS (NASDAQ: FMAO) EVP receives 2,157-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gerken David R reported acquisition or exercise transactions in this Form 4 filing.
FARMERS & MERCHANTS BANCORP INC Executive Vice President David R. Gerken reported an award of 2,157 shares of common stock at $25.86 per share. These shares were granted under the company’s Long-Term Stock Incentive Plan and increase his direct holdings to 8,562 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gerken David R
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,157 | $25.86 | $56K |
Holdings After Transaction:
Common Stock — 8,562 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FMAO executive David R. Gerken report?
David R. Gerken reported receiving 2,157 shares of FARMERS & MERCHANTS BANCORP INC common stock. The shares were granted as a stock award under the Long-Term Stock Incentive Plan, rather than purchased on the open market, and increase his direct ownership stake.
At what price were the FMAO stock awards granted to David R. Gerken?
The 2,157 awarded FMAO shares were valued at $25.86 per share. This price is used for reporting the grant on the Form 4 and reflects the stock’s value for compensation purposes under the company’s Long-Term Stock Incentive Plan.
Was the FMAO insider transaction a market purchase or a stock award?
The FMAO insider transaction was a stock award, not a market purchase. Footnotes explain the 2,157 shares were acquired through stock awards issued under the company’s Long-Term Stock Incentive Plan, consistent with equity-based executive compensation practices.
What is the role of David R. Gerken at FARMERS & MERCHANTS BANCORP INC (FMAO)?
David R. Gerken serves as an Executive Vice President at FARMERS & MERCHANTS BANCORP INC. His Form 4 filing reflects equity compensation through a grant of 2,157 common shares, aligning his interests with shareholders via the Long-Term Stock Incentive Plan.
Does the FMAO Form 4 indicate David R. Gerken’s ownership is direct or indirect?
The Form 4 shows David R. Gerken’s ownership as direct. The 2,157 granted shares and the post-transaction total of 8,562 shares are reported with a direct ownership code, indicating he personally holds voting and investment authority over these common shares.