Form 4: Bank of Marin Bancorp CEO Reports Stock Transactions
SEC Form 4 Filing
Timothy D. Myers, President & CEO of Bank of Marin Bancorp, reports the disposition of common stock and holdings of derivative securities.
Summary
- On April 22, 2025, Timothy D. Myers, the President & CEO of Bank of Marin Bancorp, reported transactions involving the company's stock.
- Myers disposed of 5,041 shares of common stock.
- Additionally, 218 shares were disposed of at a price of $20.76.
- Following these transactions, Myers directly owns 100,259.3268 shares of common stock and indirectly owns 14,786.186 shares through an ESOP.
- Myers also holds various stock options with exercise prices ranging from $22.94 to $44.45 and expiration dates extending to March 1, 2032.
- Some options are exercisable immediately or in installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating neutral sentiment as it simply reports transactions.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The reported transactions may influence investor sentiment regarding Bank of Marin Bancorp's stock.
Key Dates
| Date | Description |
|---|---|
| 10/29/2021 | Date of stock options (Right to Buy) with an exercise price of $38.11 |
| 04/01/2024 | First anniversary date of grant for stock options exercisable 20% per year. |
| 03/02/2025 | Date of stock options (Right to Buy) with an exercise price of $25.38 and $40.1 |
| 03/02/2025 | Date of stock options (Right to Buy) with an exercise price of $25.38 |
| 03/01/2026 | Date of stock options (Right to Buy) with an exercise price of $24.83 |
| 03/01/2027 | Date of stock options (Right to Buy) with an exercise price of $34.8 |
| 03/01/2028 | Date of stock options (Right to Buy) with an exercise price of $33.58 |
| 03/01/2029 | Date of stock options (Right to Buy) with an exercise price of $44.45 |
| 03/02/2030 | Date of stock options (Right to Buy) with an exercise price of $40.1 |
| 03/01/2031 | Date of stock options (Right to Buy) with an exercise price of $38.25 |
| 10/29/2031 | Expiration date of stock options (Right to Buy) with an exercise price of $38.11 |
| 03/01/2032 | Date of stock options (Right to Buy) with an exercise price of $34.03 |
| 04/22/2025 | Date of reported transactions: disposition of common stock. |
| 04/24/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Bank of Marin Bancorp, BMRC, Timothy D. Myers, Stock Options, Common Stock, Form 4, SEC Filing, Insider Trading
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