Lahrman Daniel J. 4
4 · Richmond Mutual Bancorporation, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
RMBI Director Daniel J. Lahrman Receives 54,801 Shares
What Happened
Daniel J. Lahrman, a director of Richmond Mutual Bancorporation, Inc. (RMBI), was reported to have acquired 54,801 shares of RMBI common stock on 2026-07-01. The Form 4 lists this as an acquisition/award (code A) and shows no cash price — the shares were received as merger consideration in connection with the Farmers Bancorp merger.
Key Details
- Transaction date: 2026-07-01 (reported on Form 4 filed 2026-07-06).
- Transaction type/code: A (grant, award, or other acquisition). Price: N/A (shares received, not purchased for cash).
- Shares acquired: 54,801 RMBI common shares.
- Shares owned after transaction: Not specified in the information provided on this filing.
- Footnote: The shares were received in exchange for Farmers Bancorp common stock under the merger agreement; each Farmers share converted into 3.40 shares of RMBI. No cash purchase price was paid by the reporting person.
- Timeliness: The filing date (2026-07-06) is after the transaction date (2026-07-01); Form 4s are generally due within two business days, so this appears later than typical — investors may want to monitor for any amendment or explanation.
Context
This was merger consideration (stock issued in a corporate transaction), not an open-market purchase or sale. Such transfers reflect corporate deal terms rather than an insider buying or selling for investment reasons and do not by themselves indicate the reporting person’s market sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-01+54,801→ 55,002 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.