Faust Eric D 4
Research Summary
AI-generated summary
FMAO CRO Eric D. Faust Receives 2,226-Share Stock Award
What Happened
Eric D. Faust, Chief Risk Officer of Farmers & Merchants Bancorp, received a grant of 2,226 shares on 2026-03-02. The award is reported at a per-share value of $25.86, for a total reported value of $57,564. This was an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-02; 2,226 shares at $25.86 per share (total $57,564).
- Transaction type: Award/Grant under the company’s Long-Term Stock Incentive Plan (see footnote F1).
- Shares owned after transaction: Not specified in the provided filing details.
- Filing/timeliness: Report filed 2026-03-03 for a 2026-03-02 transaction (filed the next day; appears timely).
- Footnote: F1 — Stock acquired as a result of stock awards issued pursuant to the Company's Long‑Term Stock Incentive Plan.
Context
This was a compensation-related stock award under the company’s LTIP. Such awards are standard executive compensation and do not represent an open-market buy or sell signal. No sale or cashless exercise is reported here — the filing only documents the grant/acquisition.