Cook Christopher D 4
Research Summary
AI-generated summary
Richmond Mutual (RMBI) President Christopher D. Cook Receives Award
What Happened
Christopher D. Cook, a director and President of Richmond Mutual Bancorporation, reported receiving 26,186 shares of RMBI common stock on 2026-07-01. The filing lists the transaction as an acquisition/award (code A); no cash price is reported for the shares (price = N/A).
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-07 (appears after the standard 2-business-day reporting window).
- Shares acquired: 26,186; reported price: N/A (shares issued in merger exchange).
- Shares owned after transaction: not specified in this filing.
- Footnote: Shares were received in exchange for Farmers Bancorp common stock in the merger; each Farmers share converted into the right to receive 3.40 shares of RMBI common stock. No cash was paid for these shares.
Context
This was not an open-market purchase or sale but a stock issuance as part of the merger of The Farmers Bancorp into Richmond Mutual under the merger agreement. Such merger-exchange issuances reflect transaction terms rather than a direct insider buy or sell decision and do not by themselves indicate the insider’s market sentiment.