FARMERS & Merchants Bancorp (FMAO) CEO granted 5,374 restricted shares

Q: At what price were Lars B. Eller’s FMAO shares recorded in the Form 4 filing?

Lars B. Eller’s 5,374 awarded FMAO shares were recorded at $25.86 per share. This price represents the value used in the Form 4 disclosure for the restricted stock grant under the company’s Long-Term Stock Incentive Plan on March 2, 2026.

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Form Type

Rhea-AI Filing Summary

FARMERS & MERCHANTS BANCORP INC reported that President & CEO Lars B. Eller acquired 5,374 shares of common stock as a grant or award on March 2, 2026 at a price of $25.86 per share. These restricted shares were issued under the company’s Long-Term Stock Incentive Plan, bringing his direct holdings to 33,229 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Eller Lars B

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,374	$25.86	$139K

Holdings After Transaction: Common Stock — 33,229 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/03/2026 - 03:24 PM

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^*

Eller Lars B

(Last)

(First)

(Middle)

100 COUNTRY CLUB RD

(Street)

BRYAN

43506

(City)

(State)

(Zip)

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
X	Officer (give title below)	Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/02/2026		A		5,374⁽¹⁾	A	$25.86	33,229	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Number of shares reflect Restricted Stock acquired through stock awards issued pursuant to the Company's Long-Term Stock Incentive Plan.

	/s/Melinda L. Gies// Attorney in Fact	03/03/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did FMAO report for President & CEO Lars B. Eller?

FARMERS & MERCHANTS BANCORP INC reported that President & CEO Lars B. Eller received 5,374 shares of common stock. The shares were granted as restricted stock under the company’s Long-Term Stock Incentive Plan, rather than purchased on the open market.

Was the FMAO insider transaction a stock purchase or an award?

The FMAO insider transaction was an award, not an open-market purchase. Lars B. Eller acquired 5,374 restricted shares through a grant under the Long-Term Stock Incentive Plan, reflected by transaction code “A” for grant, award, or other acquisition.

At what price were Lars B. Eller’s FMAO shares recorded in the Form 4 filing?

Lars B. Eller’s 5,374 awarded FMAO shares were recorded at $25.86 per share. This price represents the value used in the Form 4 disclosure for the restricted stock grant under the company’s Long-Term Stock Incentive Plan on March 2, 2026.

How many FMAO shares does Lars B. Eller directly own after this transaction?

After the reported grant, Lars B. Eller directly owns 33,229 shares of FMAO common stock. This total includes the newly awarded 5,374 restricted shares disclosed in the Form 4 and represents his direct ownership position following the transaction.

What plan was used for the restricted stock granted to FMAO’s CEO?

The restricted stock granted to FMAO’s CEO was issued under the company’s Long-Term Stock Incentive Plan. The footnote explains that the 5,374 shares reflect restricted stock acquired through stock awards pursuant to this incentive plan structure.

Does the FMAO Form 4 indicate any stock sales by the CEO?

The FMAO Form 4 does not report any stock sales by the CEO. It records only a single acquisition transaction, where Lars B. Eller received 5,374 restricted shares as a grant under the Long-Term Stock Incentive Plan, increasing his direct holdings.