Form 4: FMCB Director Transfers Shares to Family Trust
Insider Transaction Report
FMCB Director Edward Corum Jr. transferred 940 shares from retirement plans to a family trust, maintaining beneficial ownership.
Summary
- Edward Corum Jr., a Director of Farmers & Merchants Bancorp (FMCB), reported a change in the form of beneficial ownership of common stock.
- On December 10, 2025, 940 shares previously held indirectly through the Company's Non-Qualified Executive Retirement Plans were distributed to the Reporting Person's family trust.
- This distribution occurred in connection with the liquidation and distribution of the Plans and involved no consideration ($0).
- Additionally, 46 shares previously reported as directly owned by Mr. Corum are now held in the same family trust.
- Following these transactions, Mr. Corum beneficially owns 515 shares directly, 44 shares indirectly through his spouse, and 986 shares indirectly through the family trust.
- Mr. Corum is a trustee of the family trust, and he and members of his immediate family are the sole beneficiaries, ensuring he remains the beneficial owner of these securities.
Sentiment
Score: 5
Explanation: The filing reports a routine change in the form of beneficial ownership for an insider, with no material impact on the company's operations or financial position. It is a neutral event.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This is a routine insider transaction filing, reflecting a change in the form of beneficial ownership for a director. It does not provide insights into broader industry trends or competitive landscape.
Related Party Transactions
- Shares were transferred from company-sponsored Non-Qualified Executive Retirement Plans to a family trust where the Reporting Person, Edward Corum Jr., is a trustee and he and his immediate family are the sole beneficiaries. This constitutes a transaction involving a related party (the director's family trust).
Stakeholder Impact
- Shareholders: Minimal impact, as the beneficial ownership of the director remains unchanged, only the form of holding has shifted.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 12/10/2025 | Date of transaction where shares were distributed to the family trust. |
| 12/18/2025 | Date the Form 4 was signed by Edward Corum Jr. |
Keywords
FMCB, Form 4, Insider Transaction, Director, Beneficial Ownership, Family Trust, Stock Transfer, Corporate Governance
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