Farmers & Merchants Bancorp (FMCB) EVP files Form 4 on stock disposition
Rhea-AI Filing Summary
Farmers & Merchants Bancorp executive vice president John W. Weubbe reported a change in his holdings of the company’s common stock. On December 5, 2025, 276 shares of common stock were disposed of at a reported price of $1,041.24, leaving 625 shares held indirectly in a grantor trust tied to the company’s Non-Qualified Executive Retirement and Senior Management Retirement Plans. The filing explains that the trustees exchanged some plan shares for cash to provide liquidity for related tax liabilities as the plans, which were terminated effective November 29, 2024, are being liquidated and distributed. It also notes that on February 3, 2025, Weubbe received a restricted stock award of 774 shares that will vest ratably over two years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 276 | $1,041.24 | $287K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- On February 3, 2025, Reporting Person was granted a restricted stock award ("RSA") of 774 shares of Issuer's common stock, which will vest ratably over a two (2) year term. In connection with the anticipated liquidation and distribution of the Company's Non-Qualified Executive Retirement and Senior Management Retirement Plans, which were terminated effective as of November 29, 2024, the Trustees of the grantor trust funding the plans elected to exchange some of the shares of Company stock held in the participant's accounts with cash to provide liquidity for related tax liabilities. Utilized the 30-day volume weighted average price after close of the market December 4, 2025.
FAQ
What insider transaction did Farmers & Merchants Bancorp (FMCB) report?
The filing reports that executive vice president John W. Weubbe disposed of 276 shares of Farmers & Merchants Bancorp common stock on December 5, 2025, as reflected in a Form 4.
What restricted stock award did the Farmers & Merchants Bancorp (FMCB) executive receive?
On February 3, 2025, John W. Weubbe was granted a restricted stock award (RSA) of 774 shares of Farmers & Merchants Bancorp common stock, which will vest ratably over a two-year term.