Major FMFG holders report 7,054-share restructuring in Form 4/A filing

Rhea-AI Filing Summary

Farmers & Merchants Bancshares, Inc. reported an amended insider filing showing an "other" restructuring transaction involving 7,054 shares of Common Stock at $17.64 per share. Following this code J transaction, direct holdings reported in the filing stand at 335,432 shares, indicating a routine internal reclassification rather than a market buy or sell.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider RENBAUM BARRY J., RENBAUM CAROL ELLEN

Role 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
Other	Common Stock	7,054	$17.64	$124K

Holdings After Transaction: Common Stock — 335,432 shares (Direct)

Footnotes (1)

Key Figures

Restructured shares: 7,054 shares Reported price per share: $17.64 per share Direct holdings after transaction: 335,432 shares +2 more

5 metrics

Restructured shares 7,054 shares Code J other acquisition or disposition

Reported price per share $17.64 per share Common Stock in restructuring transaction

Direct holdings after transaction 335,432 shares Total shares following code J transaction

Transaction code J Other acquisition or disposition classification

Restructuring shares count 7,054 shares transactionSummary restructuringShares

Key Terms

Form 4/A, ten percent owner, transaction code J, Other acquisition or disposition

4 terms

Form 4/A regulatory

"Farmers & Merchants Bancshares reported an amended insider filing"

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

ten percent owner regulatory

"each identified as a ten percent owner of Farmers & Merchants Bancshares"

transaction code J regulatory

"a code J transaction covering 7,054 shares of Common Stock"

Other acquisition or disposition financial

"Code J is categorized as "Other acquisition or disposition," indicating an internal restructuring"

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

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Available on EDGAR 06/30/2026 - 08:01 PM Accepted by SEC EDGAR 06/30/2026 - 08:01 PM Learn about SEC filing dates

FAQ

What insider transaction did FMFG report on this amended Form 4?

Farmers & Merchants Bancshares reported an amended Form 4 with a code J transaction covering 7,054 shares of Common Stock. Code J is categorized as "Other acquisition or disposition," indicating an internal restructuring rather than a straightforward market purchase or sale.

How many FMFG shares were affected by the restructuring transaction?

The filing shows 7,054 shares of Farmers & Merchants Bancshares Common Stock involved in the transaction. These shares were reported at a price of $17.64 per share and classified as an "other" type of acquisition or disposition under transaction code J.

What is the reporting holders’ FMFG position after this Form 4/A transaction?

After the restructuring transaction, the filing reports direct ownership of 335,432 shares of Farmers & Merchants Bancshares Common Stock. This total reflects the position following the 7,054-share code J adjustment recorded on the transaction date disclosed in the filing.

Was the FMFG Form 4/A transaction a buy or a sell of shares?

The transaction was not categorized as a standard buy or sell. It used transaction code J, described as "Other acquisition or disposition," meaning it reflects an internal restructuring or reclassification of 7,054 shares rather than an open-market trade.

Who are the reporting persons on this FMFG Form 4/A filing?

The Form 4/A lists Barry J. Renbaum and Carol Ellen Renbaum as reporting persons, each identified as a ten percent owner of Farmers & Merchants Bancshares. The filing records their status while detailing an internal restructuring transaction in the company’s Common Stock.

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^*

RENBAUM BARRY J.

(Last) (First) (Middle)

3921 BUTLER ROAD

(Street)

REISTERSTOWN MARYLAND 21136

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Farmers & Merchants Bancshares, Inc. [ FMFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2022

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/31/2024

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	06/18/2026	06/18/2026	J		7,054	A	$17.64	335,432	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

1. Name and Address of Reporting Person^*

RENBAUM BARRY J.

(Last) (First) (Middle)

3921 BUTLER ROAD

(Street)

REISTERSTOWN MARYLAND 21136

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

RENBAUM CAROL ELLEN

(Last) (First) (Middle)

3921 BUTLER ROAD

(Street)

REISTERSTOWN MARYLAND 21136

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

	Barry J. Renbaum	06/30/2026
	Carol E. Renbaum	06/30/2026
	** 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)