Faust Eric D 4
Research Summary
AI-generated summary
FMAO Chief Risk Officer Eric Faust Sells 1,148 Shares
What Happened
- Eric D. Faust, Chief Risk Officer of Farmers & Merchants Bancorp, sold 1,148 shares in an open-market/ private sale on March 23, 2026. The shares were disposed at $25.16 per share for total proceeds of $28,884. This was a sale (typically routine insider selling) rather than a purchase.
Key Details
- Transaction date: 2026-03-23
- Filing date: 2026-03-25 (reported on Form 4)
- Price per share: $25.16
- Shares sold: 1,148
- Proceeds: $28,884
- Transaction code: S (sale); reported as open market or private sale
- Shares owned after transaction: Not specified in the provided filing summary — see the full Form 4 for post-transaction holdings
- No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the summary provided
Context
- Sales by executives can be routine (diversification, personal needs, pre-arranged plans) and do not by themselves signal company performance; purchases are generally viewed as a stronger signal of insider confidence. This filing reports a straightforward disposal of shares; consult the full SEC Form 4 for complete ownership details and any additional notes.