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Bank of Marin Bancorp·4

Jul 1, 6:26 PM ET

Kennedy Kevin R 4

Research Summary

AI-generated summary

Updated

Bank of Marin (BMRC) Director Kevin R. Kennedy Receives 849 Shares

What Happened
Kevin R. Kennedy, a director of Bank of Marin Bancorp (BMRC), received 849 shares on July 1, 2026. The filing shows an acquisition at $28.94 per share, reported with a total value of $24,570. This was a non-market compensation receipt (director fee), not an open‑market purchase.

Key Details

  • Transaction date: 2026-07-01; price per share: $28.94; shares: 849; reported value: $24,570.
  • Transaction code: J (other acquisition or disposition).
  • Footnote: F1 — "Shares received in payment of Director fee."
  • Shares owned after the transaction: not provided in the supplied filing details.
  • Filing timeliness: Reported and filed on 2026-07-01 (timely).

Context
Receiving shares as director compensation is routine and reflects pay structure rather than a direct buy/sell market sentiment. Such receipts are informative about how the company compensates directors but should not be interpreted alone as a bullish insider purchase.