Briggs Andrew J 4

What Happened
Andrew J. Briggs, a director of Farmers & Merchants Bancorp, reported two sales of company stock. On 2026-07-07 he sold 3,000 shares at $30.72 each for $92,160, and on 2026-07-08 he sold another 3,000 shares at $30.15 each for $90,450 — total proceeds about $182,610. These were reported as open-market or private sales (transaction code S), i.e., dispositions rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-07-07: sold 3,000 shares @ $30.72 — $92,160
  • 2026-07-08: sold 3,000 shares @ $30.15 — $90,450
• Total shares sold: 6,000; total proceeds ≈ $182,610.
• Shares owned after the transactions: not provided in the summary data here — see the SEC Form 4 for exact post-transaction holdings.
• Footnotes/plans: no 10b5-1 plan, tax withholding, or other special footnotes were provided in the data shown.
• Filing timeliness: Form was filed 2026-07-08 (the day after the first trade), and the filing appears timely based on the reported dates.

Context
These are sales, which are common for executives and directors for diversification or liquidity and do not necessarily signal a change in company outlook. For purchase activity, investors often weigh insider buys more heavily; sales can be routine and driven by personal financial needs or pre-set plans. For full details and to confirm holdings or any plan-based sales, review the full SEC Form 4 (Accession: 0001193125-26-298355).