Farmers & Merchants Bancorp (FMCB) EVP uses 236 shares for taxes

Rhea-AI Filing Summary

Farmers & Merchants Bancorp executive David Zitterow reported a tax-withholding disposition of 236 shares of common stock on August 4, 2026, surrendering them to the issuer at 1385.0000 per share to satisfy tax obligations from accelerated vesting of Restricted Stock Awards. The acceleration was approved by the issuer's Personnel Committee, and he now directly holds 2186.0000 shares.

Insider Trade Summary

Net Seller: 236 shares

Net Sell 1 txn

Insider Zitterow David

Role EVP, Director of Banking

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	236	$1,385.00	$327K

Holdings After Transaction: Common Stock — 2,186 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 accelerated vesting and settlement of Restricted Stock Awards originally granted on February 3, 2025, with a final vesting date of February 3, 2027. The acceleration in full on August 4, 2026 was approved by the Issuer's Personnel Committee.
2. F2. Reflects market closing price on 8/3/2026.

Key Figures

Shares surrendered for taxes: 236.0000 shares Per-share value for tax withholding: 1385.0000 per share Shares held after transaction: 2186.0000 shares

3 metrics

Shares surrendered for taxes 236.0000 shares Common Stock delivered to issuer on August 4, 2026 to satisfy tax withholding

Per-share value for tax withholding 1385.0000 per share Reflects market closing price on 8/3/2026 used for tax withholding calculation

Shares held after transaction 2186.0000 shares Direct ownership of Farmers & Merchants Bancorp common stock following August 4, 2026 disposition

Key Terms

Restricted Stock Awards, tax withholding obligations, accelerated vesting, Personnel Committee

4 terms

Restricted Stock Awards financial

"release of accelerated vesting and settlement of Restricted Stock Awards"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

tax withholding obligations financial

"surrendered to Issuer for the satisfaction of Reporting Person's tax withholding obligations"

accelerated vesting financial

"upon the release of accelerated vesting and settlement of Restricted Stock Awards"

Personnel Committee regulatory

"The acceleration in full on August 4, 2026 was approved by the Issuer's Personnel Committee"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 07:54 PM Accepted by SEC EDGAR 08/05/2026 - 07:54 PM Learn about SEC filing dates

FAQ

What insider transaction did FMCB executive David Zitterow report?

David Zitterow, EVP and Director of Banking at Farmers & Merchants Bancorp, reported surrendering 236 shares of common stock on August 4, 2026. The shares were delivered to the issuer to satisfy tax withholding obligations tied to accelerated vesting of Restricted Stock Awards.

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

Following the reported tax-withholding disposition, David Zitterow directly holds 2186.0000 shares of Farmers & Merchants Bancorp common stock. This post-transaction balance reflects his remaining direct ownership after 236 shares were surrendered to cover tax obligations on accelerated Restricted Stock Awards.

At what price were FMCB shares valued for David Zitterow's tax withholding?

The 236 shares surrendered by David Zitterow were valued at 1385.0000 per share for tax-withholding purposes. A footnote explains this reflects the market closing price on August 3, 2026, which was used to determine the value of the shares delivered to the issuer.

What triggered the tax-withholding share surrender reported for FMCB's EVP?

The share surrender was triggered by the accelerated vesting and settlement of Restricted Stock Awards originally granted on February 3, 2025, with a final vesting date of February 3, 2027. The acceleration in full on August 4, 2026 was approved by the issuer's Personnel Committee.

Was David Zitterow's FMCB transaction made under a Rule 10b5-1 trading plan?

The transaction was not affirmatively reported as being under a Rule 10b5-1 trading plan. The related checkbox indicating such a plan was not selected, and the footnotes describe only tax withholding and award vesting mechanics, with no reference to a pre-arranged trading plan.

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 CALIFORNIA 95240

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP, Director of Banking

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026

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

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

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

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	08/04/2026		F		236(1)	D	$1,385(2)	2,186	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 accelerated vesting and settlement of Restricted Stock Awards originally granted on February 3, 2025, with a final vesting date of February 3, 2027. The acceleration in full on August 4, 2026 was approved by the Issuer's Personnel Committee.

2. Reflects market closing price on 8/3/2026.

Remarks:

	Zitterow David	08/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)