Bank of Marin (BMRC) EVP David Bloom Sells 604 Shares for Tax Withholding

What Happened

• David A. Bloom, Executive Vice President of Bank of Marin Bancorp (BMRC), disposed of 604 shares on July 31, 2026 to satisfy a tax or exercise obligation. The shares were valued at $29.16 each, totaling approximately $17,613. This was a withholding/disposition to cover taxes or exercise price (routine), not an open-market purchase.

Key Details

• Transaction date: 2026-07-31
• Price per share: $29.16
• Shares involved: 604
• Total value: $17,613 (approx.)
• Transaction code/footnote: F = Payment of exercise price or tax liability (shares withheld/surrendered)
• Shares owned after transaction: Not stated in the summary provided (see full Form 4 for holdings)
• Filing: Form 4 filed Aug 5, 2026 (covers the 7/31 transaction)

Context

• Code F typically means shares were surrendered or withheld to cover taxes or the exercise price from an equity award or option exercise (a cashless or net-share settlement). These withholding transactions are common and generally considered routine administrative actions rather than a direct signal of the insider’s view on the company’s stock. For full context, check the complete Form 4 to see related option exercises or grants and the insider’s remaining holdings.