Harper Troy 4

What Happened
Troy Harper, Executive Vice President of Farmers & Merchants Bancorp (FMCB), surrendered 102 shares of common stock on Feb 4, 2026 to satisfy tax withholding obligations tied to the release of 266 restricted shares. The surrendered shares were valued at $1,160.00 each, for a total of $118,320. This was a tax-withholding share surrender (code F), not an open-market sale.

Key Details

• Transaction date: February 4, 2026; Filing date: February 6, 2026 (Form 4 accession 0001213900-26-013083).
• Shares surrendered/disposed: 102 shares at $1,160.00 per share; total value $118,320.
• Restricted stock released: 266 shares; net shares remaining from the release after withholding: 266 − 102 = 164 shares.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — 102 shares were surrendered to satisfy tax withholding upon release of 266 restricted shares on Feb 4, 2026. F2 — the per-share value reflects the market close price on 2/3/2026.
• Filing timeliness: Form 4 was filed two days after the transaction date; this appears to be a routine, timely filing (not marked late).

Context: This was a routine tax-withholding disposition accompanying restricted stock vesting (common when RSUs vest). It does not represent an open-market sell that signals a change in insider sentiment.