FARMERS & MERCHANTS BANCORP: EVP David Zitterow sold 52 shares

What happened

• David Zitterow, executive vice president, surrendered 52 shares to the issuer on Oct 14, 2026, at $1,435.60 per share for a total of $74,651. The filing lists the disposition code F (tax withholding).

Key details

• Transaction date and price: Oct 14, 2026; $1,435.60 per share (F2: reflects market closing price on Oct 13, 2026).
• Shares surrendered: 52 shares disposed.
• Related release: the 52 shares were surrendered to satisfy tax withholding on the release of 96 restricted shares (F1).
• Shares owned after the transaction: not reported in this filing.
• Filing date: Oct 14, 2026. (No late filing flag indicated.)

Why it may matter

• This was a tax-withholding disposition tied to the release of restricted stock (surrendered shares to cover taxes), not an open-market purchase.
• A filing does not show why the insider traded or why the company acted.