Form 4: Bank of Marin Director Reports Stock Transaction
Statement of Changes in Beneficial Ownership
Kevin R. Kennedy, a Director at Bank of Marin Bancorp, reported a transaction involving the acquisition of common stock.
Summary
- Kevin R. Kennedy, a Director at Bank of Marin Bancorp, reported a transaction on July 1, 2026.
- The transaction involved the acquisition of 849 shares of common stock at a price of $28.94 per share.
- Following this transaction, Mr. Kennedy beneficially owns 30,050 shares of common stock, held indirectly through a trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the transaction appears to be related to director compensation rather than a significant personal investment or divestment.
Positives
- Director Kennedy acquired additional shares, indicating potential confidence in the company.
- The acquisition was made at a price of $28.94 per share.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Management Comments
- Shares received in payment of Director fee.
Industry Context
StockSavvy.ai notes that insider transactions, such as this acquisition of common stock by a director, can sometimes signal management's confidence in the company's future prospects, though the primary driver here appears to be compensation.
Stakeholder Impact
- Shareholders may view the director's acquisition of shares positively, potentially indicating confidence in the company's value.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Transaction Date and Earliest Transaction Date |
| 07/02/2018 | Stock Option Grant Date |
| 01/02/2019 | Stock Option Grant Date |
| 07/01/2019 | Stock Option Grant Date |
| 01/02/2020 | Stock Option Grant Date |
| 07/01/2020 | Stock Option Grant Date |
| 07/01/2021 | Stock Option Grant Date |
| 01/03/2022 | Stock Option Grant Date |
| 07/01/2022 | Stock Option Grant Date |
| 01/03/2023 | Stock Option Grant Date |
| 07/02/2028 | Stock Option Expiration Date |
| 01/02/2029 | Stock Option Expiration Date |
| 07/02/2029 | Stock Option Expiration Date |
| 01/02/2030 | Stock Option Expiration Date |
| 07/01/2030 | Stock Option Expiration Date |
| 07/01/2031 | Stock Option Expiration Date |
| 01/03/2032 | Stock Option Expiration Date |
| 07/01/2032 | Stock Option Expiration Date |
| 01/03/2033 | Stock Option Expiration Date |
Keywords
Bank of Marin Bancorp, BMRC, Form 4, Insider Transaction, Director, Common Stock, Beneficial Ownership
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