RMBI risk chief awarded 61,251 merger shares

Richmond Mutual Bancorporation, Inc. Chief Risk Officer Chad Kozuch acquired 61,251 shares of common stock on July 1, 2026.

Rhea-AI Filing Summary

Richmond Mutual Bancorporation, Inc. Chief Risk Officer Chad Kozuch acquired 61,251 shares of common stock on July 1, 2026. These shares were received in exchange for common stock of The Farmers Bancorp as part of a merger, at a fixed 3.40-to-1 share conversion ratio.

No cash purchase price was paid for the shares, which were treated as a grant or award rather than an open-market buy. Following this transaction, Kozuch directly holds a total of 73,009 shares of RMBI common stock.

Insider Trade Summary

Grant/Award: 61,251 shares

Grant/Award 1 txn

Insider Kozuch Chad

Role Chief Risk Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	61,251	$0.00	$0.00

Holdings After Transaction: Common Stock — 73,009 shares (Direct)

Footnotes (1)

1. F1. The reported shares were received in exchange for shares of common stock of The Farmers Bancorp ("Farmers") in connection with the merger of Farmers with and into Richmond Mutual Bancorporation, Inc. ("RMBI"), pursuant to the Agreement and Plan of Merger. Under the terms of the merger agreement, at the effective time of the merger, each outstanding share of Farmers common stock was converted automatically into the right to receive 3.40 shares of RMBI common stock. Accordingly, no cash purchase price was paid by the reporting person for the shares reported herein.

Key Figures

Shares acquired: 61,251 shares Total holdings after transaction: 73,009 shares Exchange ratio: 3.40 shares +2 more

5 metrics

Shares acquired 61,251 shares Common Stock granted on July 1, 2026

Total holdings after transaction 73,009 shares Direct ownership following Form 4 transaction

Exchange ratio 3.40 shares RMBI shares received per Farmers share in merger

Reported transaction price $0.0000 per share Form 4 price for granted common stock

Transaction date July 1, 2026 Effective date of reported share acquisition

Key Terms

Agreement and Plan of Merger, effective time of the merger, converted automatically, right to receive 3.40 shares

4 terms

Agreement and Plan of Merger regulatory

"in connection with the merger of Farmers with and into Richmond Mutual Bancorporation, Inc. ("RMBI"), pursuant to the Agreement and Plan of Merger."

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

effective time of the merger regulatory

"Under the terms of the merger agreement, at the effective time of the merger, each outstanding share of Farmers common stock was converted"

The effective time of the merger is the exact moment when a planned combination of two companies legally takes effect, usually specified in the merger agreement and reflected by the formal filing or timestamp. For investors, it is the point when ownership, voting rights, financial reporting and control shift—like a light switch flipping that joins two rooms into one—so it determines when shares convert, who controls corporate decisions and which results appear in financial statements.

converted automatically financial

"each outstanding share of Farmers common stock was converted automatically into the right to receive 3.40 shares of RMBI common stock."

right to receive 3.40 shares financial

"was converted automatically into the right to receive 3.40 shares of RMBI common stock."

FAQ

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

What did RMBI Chief Risk Officer Chad Kozuch report on this Form 4?

Chad Kozuch reported acquiring 61,251 shares of Richmond Mutual Bancorporation (RMBI) common stock. The shares were received as part of a merger with The Farmers Bancorp, not purchased on the open market, and increased his direct holdings to 73,009 shares.

How did Chad Kozuch receive the 61,251 RMBI shares?

He received 61,251 RMBI shares in exchange for his The Farmers Bancorp stock. Under the merger terms, each Farmers share automatically converted into the right to receive 3.40 RMBI shares, with no cash paid by Kozuch for this grant.

Was any cash paid for the RMBI shares acquired by Chad Kozuch?

No cash purchase price was paid for the 61,251 RMBI shares. The Form 4 footnote states the shares were issued in a stock-for-stock merger with The Farmers Bancorp, meaning Kozuch exchanged prior holdings for RMBI shares at a fixed conversion ratio.

What is Chad Kozuch’s total RMBI ownership after this transaction?

After the reported transaction, Chad Kozuch directly holds 73,009 shares of Richmond Mutual Bancorporation common stock. This total includes the 61,251 shares received through the merger exchange with The Farmers Bancorp, as disclosed in the Form 4 filing.

What was the share exchange ratio in the RMBI–Farmers merger?

Each outstanding share of The Farmers Bancorp common stock converted into 3.40 shares of Richmond Mutual Bancorporation common stock. This fixed 3.40-to-1 ratio determined how many RMBI shares insiders like Chad Kozuch received when their Farmers shares were exchanged.

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

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Accepted by SEC EDGAR 07/06/2026 - 11:14 AM EDT Learn about SEC filing dates

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^*

Kozuch Chad

(Last) (First) (Middle)

RICHMOND MUTUAL BANCORPORATION, INC.

31 N. 9TH STREET

(Street)

RICHMOND INDIANA 47374

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Richmond Mutual Bancorporation, Inc. [ RMBI ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		A		61,251	A	(1)	73,009	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. The reported shares were received in exchange for shares of common stock of The Farmers Bancorp ("Farmers") in connection with the merger of Farmers with and into Richmond Mutual Bancorporation, Inc. ("RMBI"), pursuant to the Agreement and Plan of Merger. Under the terms of the merger agreement, at the effective time of the merger, each outstanding share of Farmers common stock was converted automatically into the right to receive 3.40 shares of RMBI common stock. Accordingly, no cash purchase price was paid by the reporting person for the shares reported herein.

Remarks:

	/s/ Bradley M. Glover, Attorney-in-Fact	07/06/2026
	** 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)