Valentino Carroll Ann 4
4 · Richmond Mutual Bancorporation, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Richmond Mutual (RMBI) COO Ann Valentino Carroll Receives 6,256 Shares
What Happened
- Ann Valentino Carroll, Chief Operations Officer of Richmond Mutual Bancorporation, received 6,256 shares of RMBI common stock on July 1, 2026. The reported transaction is coded as an "A" (grant/award/other acquisition); price is listed as N/A because the shares were issued in connection with a merger rather than bought in the market. No cash purchase price was paid.
Key Details
- Transaction date: 2026-07-01 (reported on Form 4 filed 2026-07-06).
- Transaction type/code: A — grant/award/other acquisition (merger conversion).
- Shares acquired: 6,256 RMBI common shares; price: N/A (no cash paid).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnote: shares were received in exchange for Farmers Bancorp common stock in the merger; each Farmers share converted into 3.40 shares of RMBI common stock per the merger agreement.
- Filing timeliness: Form 4 was filed five days after the transaction (normally Form 4 is due within 2 business days), so this appears to be a late filing.
Context
- These shares were issued as part of the merger consideration (conversion of Farmers shares) rather than an open-market purchase or option exercise. Such merger-related issuances reflect corporate transaction mechanics and are not direct signals of insider buying or selling intent.
Insider Transaction Report
Form 4
Valentino Carroll Ann
Chief Operations Officer
Transactions
- Award
Common Stock
[F1]2026-07-01+6,256→ 6,256 total
Footnotes (1)
- [F1]The reported shares were received in exchange for shares of common stock of The Farmers Bancorp ("Farmers") in connection with the merger of Farmers with and into Richmond Mutual Bancorporation, Inc. ("RMBI"), pursuant to the Agreement and Plan of Merger. Under the terms of the merger agreement, at the effective time of the merger, each outstanding share of Farmers common stock was converted automatically into the right to receive 3.40 shares of RMBI common stock. Accordingly, no cash purchase price was paid by the reporting person for the shares reported herein.
Signature
/s/ Bradley M. Glover, Attorney-in-Fact|2026-07-06