HALE JAMES C III 4
Research Summary
AI-generated summary
Bank of Marin (BMRC) Director James Hale Receives 849 Shares
What Happened
- James C. Hale III, a director of Bank of Marin Bancorp (BMRC), was credited with 849 shares on July 1, 2026. The transaction is reported as an "other acquisition" (code J) at $28.94 per share, totaling $24,570. This was not a market purchase or sale but shares received as compensation.
Key Details
- Transaction date: 2026-07-01
- Price per share: $28.94; Shares acquired: 849; Total value reported: $24,570
- Footnote: F1 — Shares received in payment of director fee
- Filing: Report filed on 2026-07-01 (same day as the transaction), indicating timely reporting
- Shares owned after transaction: Not specified in the provided filing excerpt
Context
- These shares were issued as director compensation, a common non-market acquisition that reflects pay structure rather than a trading decision; such receipts are routine and don’t necessarily signal insider sentiment. The transaction code J denotes "other acquisition," and the footnote clarifies it was payment of director fees.