RMBI (RMBI) director receives 23,776 shares in Farmers merger exchange

Rhea-AI Filing Summary

Richmond Mutual Bancorporation, Inc. director Thomas D. Crawford reported acquiring 23,776 shares of common stock. These shares were received at no cash cost in exchange for his former shares of The Farmers Bancorp as part of a completed merger, using a fixed 3.40-for-1 share conversion ratio. Following this transaction, he directly holds 23,776 RMBI shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Crawford Thomas D.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	23,776	$0.00	--

Holdings After Transaction: Common Stock — 23,776 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 23,776 shares Price per share: $0.0000 Total holdings after transaction: 23,776 shares +1 more

4 metrics

Shares acquired 23,776 shares Common Stock received on 2026-07-01

Price per share $0.0000 Non-cash merger exchange consideration

Total holdings after transaction 23,776 shares Common Stock directly owned post-merger exchange

Merger exchange ratio 3.40 shares RMBI stock per Farmers Bancorp share

Key Terms

Agreement and Plan of Merger, effective time of the merger, converted automatically, common stock

4 terms

Agreement and Plan of Merger regulatory

"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

"at the effective time of the merger, each outstanding share"

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"

common stock financial

"shares of common stock of The Farmers Bancorp ("Farmers")"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 11:26 AM Accepted by SEC EDGAR 07/06/2026 - 11:26 AM Learn about SEC filing dates

FAQ

What insider transaction did RMBI director Thomas D. Crawford report?

Director Thomas D. Crawford reported acquiring 23,776 shares of Richmond Mutual Bancorporation (RMBI) common stock. The shares were received through a share exchange in connection with the merger of The Farmers Bancorp into RMBI, not through an open-market purchase.

Did Thomas D. Crawford pay cash for his new RMBI shares?

No cash was paid for the 23,776 RMBI shares. According to the disclosure, the shares were issued in exchange for his The Farmers Bancorp stock under the merger terms, so there was no separate cash purchase price for this acquisition.

How many RMBI shares does Thomas D. Crawford hold after this Form 4 filing?

After the reported transaction, Thomas D. Crawford directly holds 23,776 shares of Richmond Mutual Bancorporation common stock. This total reflects the shares he received in the merger exchange with The Farmers Bancorp, as disclosed in the Form 4 filing.

What were the merger terms affecting Farmers shareholders in the RMBI transaction?

Under the merger terms, each outstanding share of The Farmers Bancorp common stock was converted automatically into the right to receive 3.40 shares of RMBI common stock. This fixed exchange ratio determined how many RMBI shares each Farmers shareholder received.

Was this RMBI insider transaction an open-market buy or a merger-related exchange?

The transaction was a merger-related exchange, not an open-market buy. Thomas D. Crawford received 23,776 RMBI shares in exchange for his The Farmers Bancorp shares under a previously agreed merger, with no separate cash purchase in the market.

What does the zero price per share indicate in this RMBI Form 4?

The reported price of $0.0000 per share indicates the shares were not bought for cash. Instead, Thomas D. Crawford received 23,776 RMBI shares as stock consideration in the Farmers merger, reflecting a non-cash exchange based on the 3.40-for-1 ratio.

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^*

Crawford Thomas D.

(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)

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

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		23,776	A	(1)	23,776	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)