FARMERS & MERCHANTS director sells 6,000 FMAO shares

FARMERS & MERCHANTS BANCORP INC director Andrew J. Briggs reported selling a total of 6,000 shares of Common Stock in open-market transactions.

Rhea-AI Filing Summary

FARMERS & MERCHANTS BANCORP INC director Andrew J. Briggs reported selling a total of 6,000 shares of Common Stock in open-market transactions. The sales occurred on June 11 and June 12, 2026 at prices of $28.54 and $28.39 per share, respectively. Following these transactions, Briggs directly holds 186,550 shares of the company’s common stock, indicating he retains a substantial equity position despite the recent net sale.

Insights

Equity analyst

Director executes modest open-market sale while keeping a large shareholding.

Director Andrew J. Briggs sold a total of 6,000 shares of FARMERS & MERCHANTS BANCORP INC Common Stock through two open-market transactions at around $28 per share. These are straightforward sales with no associated derivative exercises.

After the transactions, Briggs still holds 186,550 shares directly, suggesting the sales represent only a small portion of his visible position in this filing. There is no indication of remaining derivatives, and no footnotes describe pre-planned trading arrangements, so this appears to be a routine liquidity event.

Insider Trade Summary 10b5-1

Net Seller: 6,000 shares

Net Sell 2 txns

Insider Briggs Andrew J

Role Director

Sold 6,000 shs ($171K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,000	$28.39	$85K
Sale	Common Stock	3,000	$28.54	$86K

Holdings After Transaction: Common Stock — 186,550 shares (Direct)

Key Figures

Total shares sold: 6,000 shares Shares sold on 2026-06-11: 3,000 shares at $28.54 Shares sold on 2026-06-12: 3,000 shares at $28.39 +3 more

6 metrics

Total shares sold 6,000 shares Net open-market sales reported in Form 4

Shares sold on 2026-06-11 3,000 shares at $28.54 Open-market sale of Common Stock

Shares sold on 2026-06-12 3,000 shares at $28.39 Open-market sale of Common Stock

Shares held after transactions 186,550 shares Direct ownership following June 12, 2026 sale

Net buy/sell shares 6,000 shares sold transactionSummary netBuySellShares

Sale code Code S Sale in open market or private transaction

Key Terms

Common Stock, open-market sale, Form 4, net-sell

4 terms

Common Stock financial

"security_title: 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.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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.

net-sell financial

"transactionSummary netBuySellDirection: net-sell"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Andrew J. Briggs do in the latest FARMERS & MERCHANTS BANCORP (FMAO) Form 4 filing?

Andrew J. Briggs reported selling 6,000 shares of FARMERS & MERCHANTS BANCORP Common Stock in open-market transactions. The sales occurred over two days and were reported as routine dispositions rather than part of any derivative exercise or special transaction structure.

How many FARMERS & MERCHANTS BANCORP (FMAO) shares did Andrew J. Briggs sell and at what prices?

Briggs sold 3,000 shares at $28.54 per share on June 11, 2026, and another 3,000 shares at $28.39 per share on June 12, 2026. Together, these open-market sales total 6,000 shares of Common Stock.

How many FARMERS & MERCHANTS BANCORP (FMAO) shares does Andrew J. Briggs hold after these transactions?

Following the reported sales, Andrew J. Briggs directly owns 186,550 shares of FARMERS & MERCHANTS BANCORP Common Stock. This remaining stake, as shown in the Form 4 data, indicates he continues to maintain a significant equity position in the company.

Were the FARMERS & MERCHANTS BANCORP (FMAO) transactions by Andrew J. Briggs purchases or sales?

The Form 4 shows only sales. Briggs executed two open-market sale transactions, each involving 3,000 shares of Common Stock. The filing’s normalized data classifies the activity as net-sell, with no buys or derivative exercises reported in this submission.

Did Andrew J. Briggs use derivatives or option exercises in these FARMERS & MERCHANTS BANCORP (FMAO) transactions?

No derivative activity is reported in this Form 4. The filing lists only non-derivative Common Stock transactions coded as open-market sales, and the derivativeSummary section is empty, indicating no options or similar instruments were exercised or converted in connection with these trades.

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

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Accepted by SEC EDGAR 06/12/2026 - 05:25 PM EDT Learn about SEC filing dates

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).

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

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	06/11/2026		S		3,000	D	$28.54	189,550	D
Common Stock	06/12/2026		S		3,000	D	$28.39	186,550	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:

	//s//Melinda L. Gies, Attorney in Fact	06/12/2026
	** 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)