Farmers & Merchants (FMAO) Director Lori Ann Johnston Receives Award

What Happened

• Lori Ann Johnston, a director of Farmers & Merchants Bancorp, received an award of 403 shares on September 18, 2026. The shares were reported at $35.67 each, for a total value of $14,375. This was an acquisition via grant/award (transaction code A) as director compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-18; reported on Form 4 filed 2026-09-21.
• Price per share: $35.67; total value: $14,375 (403 shares).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: F1 — the 403-share award represents all of this director's compensation for July, August, and September 2026.
• Filing timeliness: Form 4 was filed three days after the transaction date; the filing shows no late-report flag.

Context

• This was a compensation award to a board director, which is routine and generally reflects pay rather than a direct signal of the director’s view of the stock. For retail investors, awards convey less immediate trading signal than purchases or sales by insiders.