FMAO Director Andrew J. Briggs Sells 6,000 Shares

What Happened
Andrew J. Briggs, a director of Farmers & Merchants Bancorp, sold a total of 6,000 shares in two open-market transactions. He sold 3,000 shares on 2026-07-23 at $29.95 each for $89,850, and another 3,000 shares on 2026-07-24 at $30.44 each for $91,320, for combined proceeds of approximately $181,170. These were sales (code S) rather than purchases.

Key Details

• Transaction dates and prices: 2026-07-23 — 3,000 shares @ $29.95 ($89,850); 2026-07-24 — 3,000 shares @ $30.44 ($91,320).
• Total shares sold: 6,000; total proceeds: ~$181,170.
• Transaction type: Open-market sale (SEC code S).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes / plans: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided data.
• Filing timeliness: Form filed 2026-07-24 (covers transactions on 07-23 and 07-24); appears to have been filed timely.

Context
Insider sales can be routine (liquidity needs or diversification) and do not necessarily indicate a change in view about the company. Purchases generally carry more weight for signaling bullishness; this filing documents sales only.