Director trims Farmers & Merchants Bancorp (FMAO) stake with 3,000-share sale
Rhea-AI Filing Summary
Farmers & Merchants Bancorp Inc. director Andrew J. Briggs reported an open-market sale of 3,000 shares of Common Stock at $28.75 per share. After this transaction, he directly owns 174,550 shares, indicating he retained the vast majority of his holdings.
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Insights
Director executes a small open-market share sale while retaining a large position.
Director Andrew J. Briggs sold 3,000 shares of Farmers & Merchants Bancorp Inc. Common Stock in an open-market transaction at $28.75 per share. This is classified as a non-derivative sale, meaning it involved regular common shares rather than options or other derivatives.
Following the sale, Briggs directly holds 174,550 shares, suggesting this was a modest trim rather than a major position change. There are no remaining derivative positions disclosed in this filing, and no footnotes indicating special structures or pre-planned trading arrangements.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $28.75 | $86K |
Key Figures
Key Terms
Common Stock financial
open-market sale financial
non-derivative financial
net-sell financial
FAQ
What insider transaction did Farmers & Merchants Bancorp (FMAO) report?
Was the Farmers & Merchants Bancorp (FMAO) insider sale a derivative or non-derivative transaction?
Does the Farmers & Merchants Bancorp (FMAO) Form 4 show any option exercises or derivative positions?
AI-generated analysis. How Rhea-AI works. Not financial advice.