FMAO Director Andrew J. Briggs Sells 9,000 Shares

What Happened

Andrew J. Briggs, a director of Farmers & Merchants Bancorp, sold a total of 9,000 shares in three open‑market transactions between August 3 and August 5, 2026, generating approximately $306,360 in gross proceeds. The sales were: 3,000 shares on 2026-08-03 at $33.69 ($101,070); 3,000 shares on 2026-08-04 at $33.67 ($101,010); and 3,000 shares on 2026-08-05 at $34.76 ($104,280). These were disposals (transaction code "S"), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-08-03 — 3,000 shares @ $33.69 = $101,070
  • 2026-08-04 — 3,000 shares @ $33.67 = $101,010
  • 2026-08-05 — 3,000 shares @ $34.76 = $104,280
• Total shares sold: 9,000; approximate total proceeds: $306,360.
• Shares owned after transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, or other footnotes were reported in the summary provided.
• Filing: Report filed with the SEC on 2026-08-05 (Period of Report lists 2026-08-03).

Context

These were open‑market sales (routine disposals by an insider). Sales do not necessarily indicate a change in sentiment about the company; insiders sell for many personal or portfolio reasons. For retail investors, purchases often carry clearer signals than routine sales, but tracking insider activity can still provide useful data points.