Farmers & Merchants Bancorp (FMCB) EVP receives restricted stock grants

Rhea-AI Filing Summary

Farmers & Merchants Bancorp reported an insider equity grant to Executive Vice President David Zitterow. On October 14, 2025, he received a restricted stock award of 192 shares of common stock that will vest in equal portions over a two-year term. After this grant, he beneficially owns 2,584 shares directly. The disclosure also notes earlier activity, including a February 3, 2025 grant of 872 restricted shares vesting over two years and a December 10, 2025 distribution of shares from the company’s Non-Qualified Executive Retirement Plans to him for no consideration.

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

OMB Number:			3235-0287
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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^*

Zitterow David

(Last) (First) (Middle)

111 W. PINE ST

(Street)

LODI CA 95240

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
10/14/2025

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	10/14/2025		A		192(1)	A	$0	2,584(2)	D

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. On October 14, 2025, the Reporting Person was granted a restricted stock award ("RSA") of 192 shares of Issuer's common stock, which will vest ratably over a two (2) year term.

2. Shares previously held indirectly through the Company's Non-Qualified Executive Retirement Plans, which, in connection with the liquidation and distribution of the Plans, were distributed by the Trustees of the Plan to Reporting Person on December 10, 2025, for no consideration. Includes, as previously reported, grants on February 3, 2025 to Reporting Person of a RSA of 872 shares of Issuer's common stock, which will vest ratably over a two (2) year term.

Remarks:

	Zitterow David	12/18/2025
	** 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 Farmers & Merchants Bancorp (FMCB) report?

The company reported that Executive Vice President David Zitterow received a restricted stock award of 192 shares of common stock on October 14, 2025.

What is the vesting schedule for David Zitterow’s new restricted stock award at FMCB?

The 192-share restricted stock award will vest ratably over a two-year term, meaning it vests in equal portions during that period.

How many Farmers & Merchants Bancorp (FMCB) shares does David Zitterow own after this transaction?

Following the reported transaction, David Zitterow beneficially owns 2,584 shares of Farmers & Merchants Bancorp common stock directly.

Were there earlier restricted stock grants to David Zitterow at FMCB in 2025?

Yes. The filing notes that on February 3, 2025, David Zitterow received a restricted stock award of 872 shares of common stock, also vesting ratably over two years.

What is the significance of the Non-Qualified Executive Retirement Plans mentioned for FMCB?

The filing explains that shares previously held indirectly through the company’s Non-Qualified Executive Retirement Plans were distributed to David Zitterow on December 10, 2025 for no consideration as part of the plans’ liquidation and distribution.

What is David Zitterow’s role at Farmers & Merchants Bancorp (FMCB)?

David Zitterow is identified as an Officer of Farmers & Merchants Bancorp, serving as Executive Vice President.