SANGUINETTI KEVIN 4

What Happened

• Kevin Sanguinetti, a director of Farmers & Merchants Bancorp (FMCB), received a grant of 136 restricted shares (transaction code A) reported as acquired at $0.00 (total reported value $0). The shares are a restricted stock award and are not an open-market purchase or sale.

Key Details

• Transaction date: February 10, 2026; Filing date: February 17, 2026.
• Reported price: $0.00 per share; reported total value: $0.
• Shares granted: 136 restricted shares; vesting: after one (1) year (per footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: The Form 4 was filed seven days after the transaction date; Form 4s are normally due within two business days, so this appears to be a late filing.

Context

• Restricted stock awards are typically compensation and vest over time; they do not indicate an immediate buy/sell decision by the insider. This grant vests after one year, so the shares are subject to forfeiture or restrictions until vesting.