Farmers & Merchants Bancorp (FMCB) EVP surrenders 102 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Farmers & Merchants Bancorp Executive Vice President Harper Troy reported a tax-related share surrender. On February 4, 2026, Troy surrendered 102 shares of common stock back to the company to cover tax withholding triggered by the release of 266 restricted shares. The price used for this withholding was $1,160 per share, based on the market closing price on February 3, 2026. After this transaction, Troy directly beneficially owns 526 shares of Farmers & Merchants Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harper Troy
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 102 | $1,160.00 | $118K |
Holdings After Transaction:
Common Stock — 526 shares (Direct)
Footnotes (1)
- Represents the number of shares of Issuer's common stock that Reporting Person surrendered to Issuer for the satisfaction of Reporting Person's tax withholding obligations upon the release of 266 shares of restricted stock on February 4, 2026. Reflects market closing price on 2/3/2026.
FAQ
What insider transaction did FMCB Executive Vice President Harper Troy report on this Form 4?
Harper Troy reported surrendering 102 shares of Farmers & Merchants Bancorp common stock. The shares were given back to the company to satisfy tax withholding obligations arising from the release of 266 restricted stock shares on February 4, 2026.
Was Harper Troy’s FMCB Form 4 transaction an open-market sale?
No, the Form 4 shows a tax withholding transaction, not an open-market sale. Troy surrendered 102 shares to the issuer specifically to cover tax obligations tied to the vesting of 266 restricted stock shares on February 4, 2026.
What triggered the tax withholding transaction reported by Harper Troy at FMCB?
The tax withholding arose from the release of 266 shares of restricted stock. When these restricted shares vested on February 4, 2026, Troy surrendered 102 shares of common stock back to Farmers & Merchants Bancorp to cover the associated tax obligations.