FMCB Director Edward Corum Receives Restricted Stock Award

What Happened
Edward Corum, a director of Farmers & Merchants Bancorp (FMCB), was granted restricted stock awards on August 3, 2026 totaling 310 shares. The filing values the awards using a $1,346.32 per-share price (30‑day VWAP), for a combined grant value of about $417,359 — comprised of a 60‑share RSA ($80,779) and a special one‑time 250‑share RSA ($336,580). These were grants/awards (acquisitions), not open‑market purchases or sales.

Key Details

• Transaction date: August 3, 2026; price used: $1,346.32 per share (30‑day VWAP after market close)
• Shares granted: 60 shares (vest over 1 year) and 250 shares (special one‑time grant vesting ratably over 4 years)
• Reported values: $80,779 (60 shares) and $336,580 (250 shares); total ≈ $417,359
• Shares owned after transaction: not reported in this Form 4
• Footnotes: F1 = 60‑share RSA vests over one year; F2 = price = 30‑day VWAP after Aug 3 close; F3 = 250‑share RSA vests ratably over 4 years
• Filing timeliness: Form 4 was filed Aug 25, 2026 for an Aug 3 transaction (late filing). Late filings delay public disclosure and can reduce the usefulness of the signal for investors.

Context
These awards are restricted stock grants tied to vesting schedules (not immediate sales). Such grants are typically compensation or retention incentives for directors and will convert to free shares only as they vest; they do not necessarily indicate an immediate change in the director’s market view.