Form 4: Bank of Marin Bancorp CEO Timothy Myers Reports Stock Transactions
SEC Form 4 Filing
Timothy Myers, President & CEO of Bank of Marin Bancorp, reports the disposition of common stock and holdings of derivative securities in a recent SEC filing.
Summary
- On March 27, 2024, Timothy Myers, the President & CEO of Bank of Marin Bancorp, reported transactions involving the company's stock.
- Myers disposed of 2,219 shares of common stock.
- Additionally, 222 shares were disposed of at a price of $16.67.
- Following these transactions, Myers directly owns 69,107.4413 shares of common stock and indirectly owns 13,255.8721 shares through an ESOP.
- The filing also details Myers' holdings of various stock options with different exercise prices and expiration dates, ranging from 2024 to 2032.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of the company's CEO.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of stock transactions (disposal of shares). |
| 03/29/2024 | Date of signature on the SEC filing. |
| 04/01/2024 | Earliest exercisable date for some stock options. |
| 03/02/2025 | Exercisable date for some stock options. |
| 03/01/2026 | Exercisable date for some stock options. |
| 03/01/2027 | Exercisable date for some stock options. |
| 03/01/2028 | Exercisable date for some stock options. |
| 03/01/2029 | Exercisable date for some stock options. |
| 03/02/2030 | Exercisable date for some stock options. |
| 03/01/2031 | Exercisable date for some stock options. |
| 10/29/2031 | Expiration date for some stock options. |
| 03/01/2032 | Exercisable date for some stock options. |
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