F&M Bancorp (FMCB) CEO covers taxes with 2,344-share surrender

Rhea-AI Filing Summary

Farmers & Merchants Bancorp’s President and CEO Kent A. Steinwert reported a routine tax-related share transaction. On 02/04/2026, he surrendered 2,344 shares of common stock back to the company to cover tax withholding triggered by the release of 4,340 restricted shares.

After this transaction, he directly held 7,446 common shares. He also had indirect beneficial ownership of 5 shares held as custodian for a minor child, 3,108 shares held in a trust, and 19,000 shares held by an LLC.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

STEINWERT KENT A

(Last) (First) (Middle)

861 W. TURNER RD

(Street)

LODI CA 95242

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FARMERS & MERCHANTS BANCORP [ FMCB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/04/2026		F		2,344(1)	D	$1,160(2)	7,446	D
Common Stock								5	I	Held as Custodian for a Minor Child (5)
Common Stock								3,108	I	Held in a Trust
Common Stock								19,000	I	Held by a LLC

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:

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 4,340 shares of restricted stock on 2/4/26.

2. Reflects market closing price on 2/3/2026.

Remarks:

	Steinwert Kent A	02/04/2026
	** 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.

FAQ

What insider transaction did FMCB’s CEO report on February 4, 2026?

Kent A. Steinwert, FMCB’s President/CEO, reported surrendering 2,344 common shares on 02/04/2026. The shares were delivered back to the company to satisfy tax withholding obligations tied to the release of 4,340 restricted stock shares.

Was the FMCB CEO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a transaction coded “F,” meaning shares were surrendered to the issuer for tax withholding. It was not an open-market sale, but a tax-related share delivery upon vesting of restricted stock.

How many FMCB shares does the CEO directly own after this Form 4?

Following the reported tax-withholding surrender, Kent A. Steinwert directly held 7,446 shares of Farmers & Merchants Bancorp common stock. This figure reflects his direct beneficial ownership after the 2,344-share transaction on 02/04/2026.

What indirect FMCB share holdings are reported for the CEO?

The Form 4 lists indirect holdings of 5 shares as custodian for a minor child, 3,108 shares held in a trust, and 19,000 shares held by an LLC. These positions are reported as indirect beneficial ownership.

Why were 2,344 FMCB shares surrendered in the CEO’s filing?

The 2,344 shares represent stock surrendered to the company to satisfy tax withholding obligations. This occurred when 4,340 restricted shares of Farmers & Merchants Bancorp common stock were released on 02/04/2026, according to the Form 4 footnote.

What price reference is disclosed in the FMCB CEO’s Form 4?

The filing notes that the reported price figure reflects the market closing price of Farmers & Merchants Bancorp common stock on 02/03/2026. This value is used in connection with the tax-withholding share surrender transaction.