Briggs Andrew J 4

What Happened

• Andrew J. Briggs, a director of Farmers & Merchants Bancorp, Inc. (ticker: FMAO), sold a total of 6,000 shares in two open-market transactions. On 2026-07-02 he sold 3,000 shares at $31.53 each for $94,590. On 2026-07-06 he sold another 3,000 shares at $30.67 each for $92,010. Total proceeds were $186,600. These were sales (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-07-02: 3,000 shares @ $31.53 — $94,590
  • 2026-07-06: 3,000 shares @ $30.67 — $92,010
• Total shares sold: 6,000; total proceeds: $186,600.
• Shares owned after the transactions: not specified in the provided filing information.
• Filing: Form 4 filed 2026-07-06 reporting the transactions; filing appears to be within the standard two-business-day window.
• No 10b5-1 plan, tax-withholding, or other footnotes were disclosed in the provided data.

Context

• These transactions are straightforward open-market sales. Sales by directors can be routine (diversification, liquidity or other personal reasons) and do not by themselves indicate company performance. Purchases tend to be more informative about insider confidence.