RMBI insider acquires 26,186 shares via merger
Richmond Mutual Bancorporation, Inc. director and President Christopher D. Cook acquired 26,186 shares of common stock on July 1, 2026.
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Rhea-AI Filing Summary
Richmond Mutual Bancorporation, Inc. director and President Christopher D. Cook acquired 26,186 shares of common stock on July 1, 2026. The shares were received in exchange for The Farmers Bancorp stock in a merger at a 3.40-to-1 ratio, with no cash paid, bringing his direct holdings to 26,186 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,186 | $0.00 | $0.00 |
Footnotes (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
Key Terms
Agreement and Plan of Merger regulatory
effective time of the merger regulatory
converted automatically financial
right to receive financial
no cash purchase price financial
FAQ
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What did Christopher D. Cook report in his Form 4 for RMBI?
What exchange ratio was used in the Farmers and RMBI merger?
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