BRITENRIKER BARBARA J 4

What Happened

• Barbara J. Britenriker, Executive Vice President of Farmers & Merchants Bancorp, had 221 shares repurchased by the company to satisfy tax withholding related to a stock award. The repurchase price was $25.86 per share, for a total repurchase value of $5,715. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-02
• Price per share: $25.86; shares repurchased: 221; total value: $5,715
• Reason/footnote: Shares were repurchased by the company to cover federal, state, and local taxes on 2,100 shares that vested on 2026-03-01 under the company’s Long Term Incentive Plan (LTIP). (221 shares withheld represents ~10.5% of the vested 2,100 shares.)
• Shares owned after the transaction: Not specified in the provided filing.
• Filing timeliness: Reported with the same Period of Report date (2026-03-02); no late-filing indication in the data provided.

Context

• This was a routine tax withholding (share repurchase/net settlement) following vesting of stock awards, not an indicative open-market sale or buy. Such transactions are administrative actions to satisfy tax obligations and generally do not signal executive sentiment about the company’s stock.