Farmers & Merchants Bancorp (FMAO) Director Andrew J. Briggs Sells Shares

What Happened
Andrew J. Briggs, a director of Farmers & Merchants Bancorp (FMAO), sold a total of 9,000 shares in three open‑market transactions between Aug 10 and Aug 12, 2026. He disposed of 3,000 shares on 2026-08-10 at $34.54 ($103,620), 3,000 shares on 2026-08-11 at $34.46 ($103,380), and 3,000 shares on 2026-08-12 at $34.94 ($104,820), for aggregate proceeds of approximately $311,820. These were sales (not purchases or option exercises) — sales are common insider activity and do not by themselves indicate management sentiment.

Key Details

• Transaction dates and prices:
  • 2026-08-10: Sale of 3,000 shares @ $34.54 — $103,620
  • 2026-08-11: Sale of 3,000 shares @ $34.46 — $103,380
  • 2026-08-12: Sale of 3,000 shares @ $34.94 — $104,820
• Total sold: 9,000 shares for ~$311,820.
• Filing: Form 4 filed 2026-08-12 (appears timely given the transaction dates).
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for post-transaction holdings.
• Footnotes/plans: No 10b5-1 plan, tax‑withholding, or other footnotes were noted in the excerpt; check the full filing for any disclosures.

Context
These were straightforward open‑market sales by a company director. Such sales can be routine (e.g., for diversification or personal liquidity) and, without additional information (like a 10b5-1 plan or a pattern of sales), should not be over-interpreted as a signal about the company’s prospects. For full details, review the complete Form 4 filing (Accession: 0001193125-26-347238).