SAUDER KEVIN J 4

What Happened Kevin J. Sauder, Chairman of the Board and a director of Farmers & Merchants Bancorp, was granted/acquired 645 shares on June 4, 2026. The reported price per share was $27.14, for a total reported value of approximately $17,505. The Form 4 records this as an award/grant (transaction code A), an acquisition rather than a sale.

Key Details

• Transaction date: 2026-06-04; filed: 2026-06-04 (timely filing)
• Transaction type/code: Award/Grant (A) — acquisition of shares
• Shares and price: 645 shares at $27.14 per share; total value ≈ $17,505
• Shares owned after transaction: Not disclosed on the filing
• Footnotes/other plan details: None disclosed (no 10b5-1, tax withholding, or vesting details provided)
• Insider role: Chairman of the Board, Director

Context An award/grant usually reflects company compensation (e.g., restricted stock or performance-based shares) rather than an open-market purchase. Such grants may be subject to vesting or other restrictions and do not necessarily signal immediate buying or selling intent. As with all insider filings, this is factual disclosure of the transaction; it does not explain the insider’s motivation.