Colombo Russell A 4
Research Summary
AI-generated summary
Bank of Marin (BMRC) Director Russell A. Colombo Receives 849 Shares
What Happened
- Russell A. Colombo, a director of Bank of Marin Bancorp (BMRC), received 849 shares on July 1, 2026 as payment of a director fee. The shares were recorded at $28.94 each for a total reported value of $24,570. This was an issuance/award (Form 4 code J — other acquisition).
Key Details
- Transaction date: 2026-07-01; price per share: $28.94; total value: $24,570.
- Filing date/period: Reported on Form 4 filed 2026-07-01 (same day as the transaction).
- Shares owned after transaction: Not reported on this Form 4.
- Footnotes: F1 — shares received as payment of director fee. F2 and F3 are included in the filing but refer to vesting/exercisability schedules (33% per year) for other awards.
Context
- This transaction reflects compensation paid in stock to a board member rather than an open-market purchase or sale; such grants are routine for directors and do not by themselves signal insider buying or selling sentiment. The filing was reported the same day as the transaction, indicating timely disclosure.