Form 4: Farmers & Merchants Bancorp Executive Vice President Disposes of Shares
SEC Form 4 Filing
David R. Gerken, Executive Vice President of Farmers & Merchants Bancorp Inc., disposed of 344 shares of common stock on August 16, 2024.
Summary
- On August 16, 2024, David R. Gerken, an Executive Vice President at Farmers & Merchants Bancorp Inc. (FMAO), disposed of 344 shares of common stock.
- The transaction was executed at a price of $25.55 per share.
- Following the transaction, Gerken directly owns 5,401 shares of Farmers & Merchants Bancorp Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, like an executive officer, makes a transaction in their company's stock. It provides transparency to the market regarding the trading activities of those with privileged information.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, although a small transaction like this is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of the transaction where 344 shares of common stock were disposed of. |
| 08/28/2024 | Date of signature on the form. |
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