F&M Bancorp EVP surrenders 162 shares for tax

Farmers & Merchants Bancorp Executive Vice President David Zitterow reported a routine share surrender related to equity compensation.

Accepted by SEC EDGAR 02/06/2026 - 10:28 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Farmers & Merchants Bancorp Executive Vice President David Zitterow reported a routine share surrender related to equity compensation. On 2/4/2026, he surrendered 162 shares of common stock back to the company to satisfy tax withholding on the release of 436 restricted shares.

After this withholding transaction, Zitterow directly holds 2,422 shares of Farmers & Merchants Bancorp common stock. The filing reflects an administrative tax event rather than an open‑market purchase or sale.

Insider Trade Summary

Exercise Price or Tax Liability: 162 shares

Exercise Price or Tax Liability 1 txn

Insider Zitterow David

Role Executive Vice President

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	162	$1,160.00	$188K

Holdings After Transaction: Common Stock — 2,422 shares (Direct)

Footnotes (2)

1. F1. 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 436 shares of restricted stock on 2/4/26.
2. F2. Reflects market closing price on 2/3/2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FMCB executive David Zitterow report?

David Zitterow reported a tax-related share surrender, not an open-market trade. He surrendered 162 shares of Farmers & Merchants Bancorp common stock to the company to cover withholding taxes when 436 restricted shares were released on February 4, 2026.

Was the FMCB insider transaction a sale of shares on the open market?

No, the transaction was not an open-market sale. David Zitterow surrendered 162 shares of Farmers & Merchants Bancorp common stock back to the issuer to satisfy tax withholding obligations tied to the vesting of 436 restricted shares on February 4, 2026.

How many FMCB shares does David Zitterow own after this Form 4 filing?

After the reported transaction, David Zitterow beneficially owns 2,422 shares of Farmers & Merchants Bancorp common stock directly. This figure reflects his holdings following the surrender of 162 shares for tax withholding on vested restricted stock reported as of February 4, 2026.

What triggered the share surrender reported for FMCB on February 4, 2026?

The share surrender was triggered by the release of 436 restricted shares of Farmers & Merchants Bancorp common stock. To cover tax withholding obligations from this vesting event, David Zitterow surrendered 162 shares back to the company on February 4, 2026.

What price per share is shown in the FMCB insider transaction?

The filing shows a value of $1,160 per share for the 162 shares surrendered. A footnote clarifies this reflects the market closing price on February 3, 2026, used to determine the value of shares withheld for tax purposes.

What is transaction code "F" in the FMCB Form 4 filing?

Transaction code "F" indicates a tax-related transaction. In this case, David Zitterow surrendered 162 shares of Farmers & Merchants Bancorp common stock to the issuer to satisfy tax withholding when 436 restricted shares vested on February 4, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
Estimated average burden
hours per response:			0.5

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)
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		162(1)	D	$1,160(2)	2,422	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. 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 436 shares of restricted stock on 2/4/26.

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

Remarks:

	Zitterow David	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.