Farmers & Merchants Bancorp (FMCB) EVP Thomas A. Bennett Receives Award

What Happened Thomas A. Bennett, EVP and Enterprise Risk Officer of Farmers & Merchants Bancorp (FMCB), was granted a restricted stock award of 212 shares on August 3, 2026. The award is valued at $285,420 based on a per-share value of $1,346.32 (30‑day VWAP after market close on Aug 3). The RSA will vest over a one‑year term.

Key Details

• Transaction date: 2026-08-03 (reported via amended Form 4 filed 2026-08-25)
• Transaction type: Award / Grant (RSA) — 212 shares acquired
• Price basis/value: $1,346.32 per share; total value $285,420 (30‑day VWAP per footnote)
• Vesting: Vests over one year (per footnote)
• Shares owned after transaction: Not disclosed in the amended filing
• Filing note: This is an amended filing; the RSA was inadvertently omitted from the original Form 4 filed Aug 5, 2026 and was added on Aug 25, 2026

Context Restricted stock awards (RSAs) are compensation grants that typically vest over time and are not open‑market purchases or sales. Because the shares are subject to vesting, this grant does not indicate an immediate market transaction and should be viewed as compensation rather than a direct buying signal. The late/amended filing corrects an earlier omission and does not itself imply misconduct — it ensures the insider’s holdings and compensation are properly reported.