Farmers & Merchants (FMCB) details CEO stock grants omitted earlier
Rhea-AI Filing Summary
FARMERS & MERCHANTS BANCORP (FMCB) reported an amended insider transaction for its President/CEO, Kent A. Steinwert. On August 3, 2026, he received two restricted stock awards totaling 6,973 shares of common stock, both reported as acquisitions.
One award covers 3,173 shares vesting over one year; a special one-time award covers 3,800 shares vesting ratably over four years. Both awards were valued using the 30-day volume weighted average price after the close on August 3, 2026 of $1,346.32 per share. The company states these grants were inadvertently omitted from a Form 4 filed on August 6, 2026 and are now being reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,973 shares
Net Buy
2 txns
Insider
STEINWERT KENT A
Role
President/CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 3,173 | $1,346.32 | $4.27M |
| Grant/Award | Common Stock F3, F2 | 3,800 | $1,346.32 | $5.12M |
Holdings After Transaction:
Common Stock — 10,306 shares (Direct)
Footnotes (3)
- F1. On August 3, 2026, Reporting Person was granted a restricted stock award ("RSA") of 3,173 shares of Issuer's common stock, which will vest over a one year term. This RSA grant was inadvertently omitted from the Form 4 filed by the Reporting Person on August 6, 2026.
- F2. Utilized the 30-day volume weighted average price after close of the market August 3, 2026.
- F3. On August 3, 2026, Reporting Person was granted a special one-time RSA of 3,800 shares of Issuer's common stock, which will vest ratably over a four (4) year term. This RSA grant was inadvertently omitted from the Form 4 filed by the Reporting Person on August 6, 2026
Key Figures
Restricted stock award (RSA): 3,173 shares
Special one-time RSA: 3,800 shares
Reference price (VWAP): $1,346.32 per share
3 metrics
Restricted stock award (RSA)
3,173 shares
RSA of common stock granted on August 3, 2026; vests over one year
Special one-time RSA
3,800 shares
Special one-time RSA granted on August 3, 2026; vests ratably over four years
Reference price (VWAP)
$1,346.32 per share
30-day volume weighted average price after close of market on August 3, 2026
Key Terms
restricted stock award, RSA, volume weighted average price
3 terms
restricted stock award financial
"Reporting Person was granted a restricted stock award ("RSA") of 3,173 shares"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
RSA financial
"Reporting Person was granted a restricted stock award ("RSA") of 3,173 shares"
volume weighted average price financial
"Utilized the 30-day volume weighted average price after close of the market"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
FAQ
What insider stock awards were reported in this amended Form 4/A for FMCB?
The President/CEO of FMCB received two restricted stock awards on August 3, 2026: one for 3,173 shares vesting over one year and a special one-time award for 3,800 shares vesting ratably over four years, both in Farmers & Merchants Bancorp common stock.
What was the reference price for the restricted stock awards reported for FMCB?
Both awards were valued using a 30-day volume weighted average price after the market close on August 3, 2026 of $1,346.32 per share for Farmers & Merchants Bancorp common stock.
Why did Farmers & Merchants Bancorp file this Form 4/A amendment for FMCB?
The company states that both restricted stock awards granted on August 3, 2026 to the President/CEO were inadvertently omitted from a Form 4 filed on August 6, 2026, so this Form 4/A reports those previously unreported grants.
Who is the reporting person in this FMCB Form 4/A filing?
The reporting person is Kent A. Steinwert, who serves as President/CEO of Farmers & Merchants Bancorp. The filing reports equity compensation awards of the company’s common stock granted to him.
Do the FMCB transactions in this Form 4/A involve market purchases or sales?
No. Both transactions are coded “A”, indicating grants or awards of common stock (restricted stock awards) to the President/CEO, rather than open-market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.