FARMERS & MERCHANTS BANCORP INC·4

Mar 3, 5:24 PM ET

Singhal Shalini 4

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FMAO SVP Shalini Singhal Receives 1,620-Share Award

What Happened
Shalini Singhal, Senior Vice President and Chief Information Officer of Farmers & Merchants Bancorp, was granted 1,620 shares on 2026-03-02. The award is reported as an acquisition (transaction code A) at an attributable price of $25.86 per share, for a total reported value of $41,893. The filing notes the shares were issued under the company’s Long-Term Stock Incentive Plan.

Key Details

  • Transaction date: 2026-03-02; reported on Form 4 filed 2026-03-03 (timely filing).
  • Price per share: $25.86; shares acquired: 1,620; total value: $41,893.
  • Transaction code: A (award/grant of shares).
  • Footnote: F1 — stock issued pursuant to the Company’s Long-Term Stock Incentive Plan.
  • Shares owned after transaction: Not specified in the provided filing summary.
  • No 10b5-1 plan, tax-withholding, or sale components noted in the provided information.

Context
Stock awards are typically part of executive compensation and retention programs and differ from open-market purchases (they do not necessarily reflect a direct personal cash investment). Such awards are often subject to vesting or other plan conditions; the Form 4’s footnote identifies the Long-Term Stock Incentive Plan but does not specify vesting terms.