Richmond Mutual Bancorporation, Inc.·4

Jul 6, 11:26 AM ET

Crawford Thomas D. 4

Research Summary

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RMBI Director Thomas D. Crawford Receives 23,776 Shares

What Happened

  • Thomas D. Crawford, a director of Richmond Mutual Bancorporation, Inc. (RMBI), acquired 23,776 shares of RMBI common stock on July 1, 2026. Price per share and total dollar value are reported as N/A. This was not an open‑market purchase or sale but an acquisition of shares in connection with the merger with The Farmers Bancorp.

Key Details

  • Transaction date: 2026-07-01 (reported on Form 4 filed 2026-07-06).
  • Transaction type/code: A — Award/Grant/Other acquisition (conversion in merger).
  • Shares acquired: 23,776 RMBI common shares; cash paid by the reporting person: none.
  • Exchange terms: Each Farmers Bancorp share converted into 3.40 RMBI shares — the 23,776 RMBI shares imply approximately 6,993 Farmers shares were exchanged.
  • Shares owned after transaction: not specified in the provided filing.
  • Filing timeliness: Form 4 was filed five days after the transaction date; Form 4s are typically due within two business days, so this filing appears later than the standard window.

Context

  • These shares were received solely as part of the merger conversion of Farmers stock into RMBI stock, not as a purchase or sale indicating market sentiment. For investors, merger-driven share conversions are administrative and do not necessarily reflect the insider’s view on the company’s near‑term prospects.