FMCB EVP Troy Harper Receives Restricted Stock Award

What Happened Troy Harper, EVP and Chief Administrative Officer of Farmers & Merchants Bancorp (FMCB), was granted a restricted stock award of 275 shares on August 3, 2026. The award is valued at $1,346.32 per share, for a total grant value of $370,238. The RSA vests over a one-year term. The award was reported on an amended Form 4 — it was inadvertently omitted from the original Form 4 filed August 5, 2026 and corrected on August 25, 2026.

Key Details

• Transaction type: Award/Grant (code A)
• Transaction date: August 3, 2026
• Shares granted: 275 shares
• Price used for valuation: $1,346.32 per share (30-day VWAP after close of Aug 3, 2026)
• Total value: $370,238
• Shares owned after transaction: Not specified in the provided filing details
• Filing status: Amended filing; original Form 4 (Aug 5, 2026) omitted this grant and was corrected (late disclosure)
• Footnotes: Grant vests over one year; valuation used the 30‑day VWAP per the filing

Context Restricted stock awards are a form of compensation and typically vest over time, so they do not represent an immediate market purchase or sale. The amended filing corrects a prior omission and ensures the transaction is publicly reported; the late amendment does not change the nature of the award itself.