FARMERS & MERCHANTS (NASDAQ: FMAO) risk chief granted 2,226 shares

Rhea-AI Filing Summary

FARMERS & MERCHANTS BANCORP INC Chief Risk Officer Eric D. Faust reported acquiring 2,226 shares of common stock on a grant or award basis at a price of $25.86 per share. These stock awards were issued under the company’s Long-Term Stock Incentive Plan, bringing his direct holdings to 6,686 shares.

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

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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 MI 49506

(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)

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		A		2,226(1)	A	$25.86	6,686	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. Stock acquired as a result of 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.

FAQ

What insider transaction did FMAO Chief Risk Officer Eric D. Faust report?

Eric D. Faust reported acquiring 2,226 FMAO common shares as a grant or award. The shares were issued under the company’s Long-Term Stock Incentive Plan, reflecting compensation rather than an open-market purchase or sale by the executive.

At what price were Eric D. Faust’s FMAO stock awards valued?

The 2,226 FMAO common shares acquired by Eric D. Faust were valued at $25.86 per share. This figure reflects the transaction price used for the stock award under the company’s Long-Term Stock Incentive Plan on the reported grant date.

How many FMAO shares does Eric D. Faust own after this Form 4 transaction?

After the reported stock award, Eric D. Faust directly owns 6,686 FMAO common shares. This total includes the newly granted 2,226 shares received under the company’s Long-Term Stock Incentive Plan as reflected in the insider filing.

Was Eric D. Faust’s FMAO transaction an open-market buy or a stock award?

The transaction was a stock award, not an open-market buy. The Form 4 identifies the code as a grant or other acquisition, with a footnote explaining the shares were issued pursuant to the company’s Long-Term Stock Incentive Plan.

What is the transaction code used in Eric D. Faust’s FMAO Form 4?

The transaction uses code “A,” indicating a grant, award, or other acquisition of FMAO common stock. This code, along with the footnote, clarifies that the shares were received as compensation under the Long-Term Stock Incentive Plan, not purchased on the market.