Faust Eric D 4
Research Summary
AI-generated summary
FMAO Chief Risk Officer Eric D. Faust Sells 275 Shares
What Happened
Eric D. Faust, Chief Risk Officer of Farmers & Merchants Bancorp, reported an open-market sale of 275 shares on 2026-03-02. The shares were sold at $25.92 per share for total proceeds of $7,128. This transaction is a sale (security code S).
Key Details
- Transaction date: 2026-03-02; Filing date: 2026-03-03 (filed the next day)
- Price per share: $25.92; Total value: $7,128
- Shares disposed: 275
- Shares owned after transaction: not disclosed in the provided filing
- Footnotes/plan: no 10b5-1 plan, tax-withholding, or other footnotes disclosed in the supplied data
- Timeliness: filing appears timely (reported and filed within one business day)
Context
- This was a straightforward sale of existing shares. Sales by insiders can be routine (diversification, liquidity, taxes) and do not by themselves indicate a change in company outlook. Purchases generally carry stronger informational value for retail investors.