BRITENRIKER BARBARA J 4

What Happened
Barbara J. Britenriker, Executive Vice President of Farmers & Merchants Bancorp (FMAO), reported a gift (SEC transaction code G) of 1,500 common shares on February 26, 2026. The filing records the transaction price as $0.00 (a gift), so no cash proceeds were received.

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 filed 2026-02-27). Filing appears timely.
• Transaction type/code: Gift (G) — disposition by gift, reported at $0.00 per share; total reported proceeds $0.
• Shares transferred: 1,500 shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or other footnotes were provided in the excerpt.

Context
Gifts are transfers of ownership and are recorded as dispositions on Form 4 but do not necessarily reflect the insider’s view of the company’s prospects. Such transfers can be for estate planning, family transfers, or charitable giving. Retail investors should treat gift transactions differently than open-market purchases when assessing insider sentiment.