FMCB Director Steven K. Green Receives Restricted Stock Awards
$FMCB · FARMERS & MERCHANTS BANCORPResearch Summary
AI-generated summary of this SEC filing
FMCB Director Steven K. Green Receives Restricted Stock Awards
What Happened
Steven K. Green, a director of Farmers & Merchants Bancorp (FMCB), received two restricted stock awards (transaction code A) on August 3, 2026: a 60-share RSA valued at $1,346.32/share ($80,779) and a special one-time 250-share RSA at the same price ($336,580), for a combined value of approximately $417,359. These are awards/grants (compensation/retention), not open-market purchases or sales.
Key Details
- Transaction date: August 3, 2026
- Price used: $1,346.32 per share (30-day volume-weighted average price after market close on Aug 3, 2026; footnote F2)
- Awards: 60 shares (vest over 1 year; footnote F1) and 250 shares (special one-time award, vest ratably over 4 years; footnote F3)
- Values: $80,779 (60 shares) and $336,580 (250 shares); total ≈ $417,359
- Transaction code: A (award/grant)
- Shares owned after transaction: not specified in the filing excerpt
- Filing timeliness: Form filed Aug 25, 2026 for an Aug 3 transaction (appears to be late relative to the typical 2-business-day Form 4 deadline)
Context
Restricted stock awards vest over time, so the recipient does not receive all shares immediately; vesting schedules are listed above. Awards are compensation and retention tools and do not necessarily reflect an immediate personal cash investment or a short-term market view. The valuation used here reflects the 30‑day VWAP per the filing.