STOCK TITAN

Farmers & Merchants (NASDAQ: FMAO) director offloads stock in two August trades

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

FARMERS & MERCHANTS BANCORP INC (FMAO) director Andrew J. Briggs reported two open-market sales of common stock. On 2026-08-17 he sold 3,000 shares at $35.11 per share, and on 2026-08-18 he sold 2,402 shares at $35.05 per share, for a total of 5,402 shares sold. The filing indicates these transactions were made pursuant to a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Briggs Andrew J
Role Director
Sold 5,402 shs ($190K)
Type Security Shares Price Value
Sale Common Stock 2,402 $35.05 $84K
Sale Common Stock 3,000 $35.11 $105K
Holdings After Transaction: Common Stock — 49,148 shares (Direct)
Shares sold 2026-08-17 3,000 shares Common Stock sale by Andrew J. Briggs on 2026-08-17
Price per share 2026-08-17 $35.11 Per-share price for 3,000-share sale on 2026-08-17
Shares sold 2026-08-18 2,402 shares Common Stock sale by Andrew J. Briggs on 2026-08-18
Price per share 2026-08-18 $35.05 Per-share price for 2,402-share sale on 2026-08-18
Total shares sold 5,402 shares Aggregate shares sold across reported transactions, net-sell direction
Rule 10b5-1 regulatory
"The filing indicates these transactions were made pursuant to a Rule 10b5-1 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.
Form 4 regulatory
"Andrew J. Briggs reported the transactions in a Form 4 insider report"
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.
open market or private transaction financial
"Transaction code S is described as a sale in open market or private transaction"

FAQ

What insider transactions did FMAO director Andrew J. Briggs report?

Andrew J. Briggs reported two sales of FARMERS & MERCHANTS BANCORP INC common stock, totaling 5,402 shares. The sales occurred on 2026-08-17 and 2026-08-18 at prices slightly above $35 per share.

How many FMAO shares did Andrew J. Briggs sell on each date?

Briggs sold 3,000 shares of FMAO on 2026-08-17 at $35.11 per share and 2,402 shares on 2026-08-18 at $35.05 per share, according to the Form 4.

At what prices were the recent FMAO insider sales executed?

The reported FMAO insider sales were executed at $35.11 per share on 3,000 shares and $35.05 per share on 2,402 shares. Both transactions involved FARMERS & MERCHANTS BANCORP INC common stock.

Were the recent FMAO insider sales under a Rule 10b5-1 trading plan?

Yes. The Form 4 for FMAO indicates the Rule 10b5-1 checkbox is affirmed, meaning the reported sales by Andrew J. Briggs were made pursuant to a pre-established trading plan, reducing the significance of trade timing.

Does the Form 4 disclose Andrew J. Briggs’ FMAO holdings after these sales?

No specific post-transaction holdings are listed; the total_shares_following_transaction field is blank for each sale. The filing therefore only quantifies the 5,402 shares sold, not Briggs’ remaining ownership position.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/17/2026S3,000D$35.1151,550D
Common Stock08/18/2026S2,402D$35.0549,148D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
//s//Melinda L. Gies, Attorney in Fact08/18/2026
** Signature of Reporting PersonDate
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)