Olson Bart R 4

What Happened
Bart R. Olson, Executive Vice President of Farmers & Merchants Bancorp (FMCB), surrendered 448 shares of common stock to the company on 2026-02-04 to satisfy tax withholding obligations tied to the release of 1,114 restricted shares. The shares were valued at $1,160.00 each (market close 2/3/2026), for a total value of $519,680. This was a tax-withholding disposition (transaction code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-02-04; Filing date: 2026-02-06 (filed promptly).
• Price per share: $1,160.00 (reflects market closing price on 2/3/2026).
• Shares surrendered/disposed: 448; RSUs released: 1,114 (triggering the withholding).
• Total value of surrendered shares: $519,680.
• Shares owned after the transaction: Not disclosed in the filing.
• Footnotes: F1 — shares surrendered to satisfy withholding on RSU release; F2 — price equals 2/3/2026 close.
• Filing timeliness: No late filing indicated.

Context
Surrendering shares to cover tax withholding on vested restricted stock is a common, administrative action and does not by itself signal insider buying or selling sentiment. Purchases are typically more informative of bullish insider conviction; tax-withholding dispositions are routine following awards or vesting events.