Farmers & Merchants Bancorp (FMCB) director reports 940-share transfer
Rhea-AI Filing Summary
Farmers & Merchants Bancorp director Corum Edward Jr filed a Form 4 reporting an internal transfer of common stock. On December 10, 2025, 940 shares of common stock were moved for no consideration from the company’s Non-Qualified Executive Retirement Plans into a family trust.
After the transfer, he reports beneficial ownership of 515 shares held directly, 44 shares held indirectly through his spouse, and 986 shares held indirectly in the family trust. The filing notes that he is a trustee of the family trust and that he and members of his immediate family are its sole beneficiaries, so he remains the beneficial owner of the shares held in the trust, including 46 shares that were previously reported as held directly.
Positive
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Negative
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FAQ
What insider transaction did Farmers & Merchants Bancorp (FMCB) report on this Form 4?
The Form 4 reports that director Corum Edward Jr transferred 940 shares of Farmers & Merchants Bancorp common stock on December 10, 2025 from the company’s Non-Qualified Executive Retirement Plans into a family trust for no consideration.
Was the Farmers & Merchants Bancorp (FMCB) Form 4 transaction a cash sale of shares?
No. The filing shows that 940 shares were distributed to the reporting person’s family trust at a price of $0, in connection with the liquidation and distribution of the company’s Non-Qualified Executive Retirement Plans, so no cash changed hands.
How many Farmers & Merchants Bancorp (FMCB) shares does the director report owning after the transaction?
After the reported transaction, the director reports beneficial ownership of 515 shares held directly, 44 shares held indirectly by his spouse, and 986 shares held indirectly in a family trust.
Why were Farmers & Merchants Bancorp (FMCB) shares moved into a family trust?
According to the explanation, shares previously held indirectly through the company’s Non-Qualified Executive Retirement Plans were distributed by the plans’ trustees to the reporting person’s family trust on December 10, 2025 in connection with the plans’ liquidation and distribution.
What clarification did the Form 4 provide about previously reported direct holdings of FMCB shares?
The filing states that 46 of the reported shares were previously shown as held directly by the reporting person but are actually held in the family trust. He is a trustee of the trust, and he and his immediate family are the sole beneficiaries, so he remains the beneficial owner.
What transaction code is used for the December 10, 2025 FMCB share transfer?
The Form 4 uses transaction code "G" for the December 10, 2025 transfer of 940 shares of common stock to the family trust at a price of $0.