Farmers & Merchants Bancorp (FMCB) director updates share holdings
Rhea-AI Filing Summary
Farmers & Merchants Bancorp director Steven K. Green reported an internal reclassification of his ownership in the company’s common stock. On 12/10/2025, 362 shares were moved from a company Non-Qualified Executive Retirement Plan into a family trust for no consideration, using transaction code G. After this change, he beneficially owns 547 shares indirectly through the family trust, where he serves as trustee and he and an immediate family member are the sole beneficiaries. The explanation also clarifies that 185 additional shares held in the trust had previously been reported as directly owned, so the filing aligns the records with the actual trust ownership structure.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common stock | 362 | $0.00 | -- |
Footnotes (1)
- 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's family trust on December 10, 2025, for no consideration. The Reporting Person is a trustee of the trust, and the Reporting Person and member of his immediate family are the sole beneficiaries of the trust. The Reporting Person remains the beneficial owner of the securities held by the trust. 185 additional shares of the Issuer's common stock held in Trust were previously reported as directly owned by the Reporting Person.
FAQ
What insider transaction did Farmers & Merchants Bancorp (FMCB) report?
The filing reports that director Steven K. Green had 362 shares of Farmers & Merchants Bancorp common stock distributed from the Company’s Non-Qualified Executive Retirement Plans to his family trust on 12/10/2025 for no consideration.
What is the nature of Steven K. Green’s indirect ownership in FMCB?
The shares are held in a family trust. Steven K. Green is a trustee of the trust, and he and a member of his immediate family are the sole beneficiaries, so he remains the beneficial owner of the securities held by the trust.
What does the transaction code G mean in this FMCB insider filing?
The filing uses transaction code G for the 12/10/2025 movement of 362 shares, with the explanation stating that the shares were distributed from the Company’s Non-Qualified Executive Retirement Plans to the family trust for no consideration.
What is Steven K. Green’s relationship to Farmers & Merchants Bancorp?
According to the filing, Steven K. Green is a Director of Farmers & Merchants Bancorp and is reporting these holdings as a single reporting person.