Farmers & Merchants (NASDAQ: FMAO) director reports family stock gifts

Rhea-AI Filing Summary

Farmers & Merchants Bancorp Inc. director Steven J. Planson reported gifting Common Stock shares to his sons. On May 28, 2026, he made three bona fide gift transfers of Common Stock, each recorded at $27.7000 per share. Across these gifts, a total of 4,046.7258 shares was transferred. After the transactions, the largest reported direct holding shows 31,483.9200 Common Stock shares still owned.

Insider Trade Summary

4,046.726 shares gifted

Mixed 3 txns

Insider Planson Steven J

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	1,348.909	$27.70	$37K
Gift	Common Stock	1,348.909	$27.70	$37K
Gift	Common Stock	1,348.909	$27.70	$37K

Holdings After Transaction: Common Stock — 31,483.92 shares (Direct, null)

Footnotes (1)

1. Gift to son, Jay D. Planson Gift to son, Wade E. Planson Gift to son, Ross S. Planson

Key Figures

Total shares gifted: 4,046.7258 shares Per-share gift value: $27.7000 per share Shares after largest reported transaction: 31,483.9200 shares +2 more

5 metrics

Total shares gifted 4,046.7258 shares Aggregate bona fide gifts of Common Stock on May 28, 2026

Per-share gift value $27.7000 per share Reported value for each Common Stock gift transaction

Shares after largest reported transaction 31,483.9200 shares Direct Common Stock holdings following the final gift entry

Number of gift transactions 3 gifts Three separate bona fide gift entries, code G, non-derivative

Gift recipients 3 sons Gifts to Jay D., Wade E., and Ross S. Planson

Key Terms

bona fide gift, Form 4, non-derivative, Common Stock, +1 more

5 terms

bona fide gift financial

"Each transaction is labeled with code G and described as a bona fide gift."

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Form 4 regulatory

"The insider reported these transactions on a Form 4 covering May 28, 2026."

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.

non-derivative financial

"All three Common Stock entries are categorized as non-derivative transactions."

Common Stock financial

"The reported security title for each transaction is 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.

transaction code G regulatory

"Each gift transfer uses transaction code G under SEC reporting rules."

Form 4 Insider Transactions: What Each Field Means →

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^*

Planson Steven J

(Last) (First) (Middle)

22199 COUNTY RD F

(Street)

STRYKER OHIO 43557

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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	05/28/2026		G		1,348.9086(1)	D	$27.7	31,483.92	D
Common Stock	05/28/2026		G		1,348.9086(2)	D	$27.7	30,135.02	D
Common Stock	05/28/2026		G		1,348.9086(3)	D	$27.7	28,786.11	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:

1. Gift to son, Jay D. Planson

2. Gift to son, Wade E. Planson

3. Gift to son, Ross S. Planson

	/s/Melinda L. Gies // Attorney in Fact	05/29/2026
	** 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)

FAQ

What did FMAO director Steven J. Planson report in this Form 4?

Steven J. Planson reported three bona fide gifts of Farmers & Merchants Bancorp Common Stock on May 28, 2026. These non-market transfers moved shares to his sons while he retained a substantial remaining direct ownership position after the gifts.

How many FMAO shares were gifted by Steven J. Planson?

In total, Steven J. Planson gifted 4,046.7258 Common Stock shares of Farmers & Merchants Bancorp. The Form 4 transaction summary classifies all three entries as bona fide gifts, rather than open-market sales or purchases, reflecting non-cash transfers to family members.

At what value were the gifted FMAO shares recorded?

Each gift transaction for Farmers & Merchants Bancorp Common Stock was recorded at $27.7000 per share. This price is a Form 4 reporting value and does not represent a market trade, since the transactions are categorized as bona fide gifts instead of open-market activity.

How many FMAO shares does Steven J. Planson hold after the gifts?

After the reported gifts, the largest post-transaction line in the Form 4 shows Steven J. Planson directly holding 31,483.9200 Common Stock shares. This figure reflects his remaining reported direct ownership following the three bona fide gift transfers to family members on May 28, 2026.

Who received the gifted Farmers & Merchants Bancorp shares?

Footnotes state the gifts went to Steven J. Planson’s sons: Jay D. Planson, Wade E. Planson, and Ross S. Planson. Each son is associated with one of the bona fide gift transactions, indicating intra-family transfers rather than sales to third parties.

Were Steven J. Planson’s FMAO transactions market buys or sells?

No, the Form 4 classifies all three transactions as code G, meaning bona fide gifts of Common Stock. The data flags them as gift transfers, not open-market purchases or sales, so they do not reflect active trading decisions in Farmers & Merchants Bancorp shares.