Farmers & Merchants Bancorp (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. On 2026-08-06 he sold 3,000 shares at $34.24 each for $102,720, and on 2026-08-07 he sold 3,000 shares at $34.08 each for $102,240 — total proceeds of $204,960. These were sales (S), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-08-06: sold 3,000 shares @ $34.24 — $102,720
  • 2026-08-07: sold 3,000 shares @ $34.08 — $102,240
• Total shares sold: 6,000; total proceeds: $204,960.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes / plans: No 10b5-1 plan, tax withholding, or other footnotes were reported in the filing.
• Filing timeliness: Form 4 was filed on 2026-08-07 covering trades on Aug 6–7; the filing appears timely.

Context
These were straightforward open-market sales by a company director. Sales by insiders can be routine (estate planning, diversification, taxes, etc.) and do not by themselves indicate company performance or insider sentiment.