Boyce Ian D 4

What Happened Ian D. Boyce, a director of Farmers & Merchants Bancorp, received an award/grant of 645 shares on 2026-06-04. The reported price per share was $27.14, for a total value of approximately $17,505. This transaction is coded as an acquisition via award (code A), meaning shares were granted rather than bought on the open market.

Key Details

• Transaction date: 2026-06-04
• Transaction type/code: Award/Grant (A) — acquisition of shares
• Shares received: 645 at $27.14 per share — total ≈ $17,505
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan details: No additional footnotes (e.g., 10b5-1, tax withholding) were included in the excerpt provided
• Filing timeliness: Period of report and filing date are 2026-06-04; filing appears to be timely based on provided data

Context An "A" code award typically reflects compensation or a board retention/award rather than an open-market purchase by the insider. Such grants are common for directors and do not by themselves indicate the insider’s personal trading sentiment. Retail investors should consider this as part of broader insider activity and company context rather than a standalone buy/sell signal.