Anderson Nicolas C 4

What Happened

• Nicolas C. Anderson, a director of Bank of Marin Bancorp (BMRC), received 849 shares on July 1, 2026. The shares were issued at $28.94 each for a total value of $24,570. This was an acquisition reported as shares issued in payment of director fees (not an open-market purchase).

Key Details

• Transaction date and price: 2026-07-01 — 849 shares at $28.94 per share (total $24,570).
• Transaction type: Reported as "Other acquisition or disposition (J)"; footnote clarifies shares were received in payment of director fees.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing timeliness: Report filed the same day as the transaction (2026-07-01), indicating a timely report.

Context

• These shares were issued as compensation to a director. Such issuances are routine corporate compensation and do not necessarily indicate the director bought or sold stock based on a view of the company. For retail investors, compensation-related issuances are informative about how directors are paid but are not the same signal as an open-market purchase.