Weubbe John W 4

What Happened

• John W. Weubbe, Executive Vice President of Farmers & Merchants Bancorp (FMCB), surrendered 144 shares of common stock on 2026-02-04 to satisfy tax withholding tied to the release of restricted stock. The shares were valued at $1,160.00 each (market close 2/3/2026), for a total of $167,040.
• This was a withholding/surrender of shares to cover tax obligations on 387 restricted shares that vested that day — not an open-market sale or purchase. Such tax-withholding transactions are routine and do not necessarily signal a change in insider sentiment.

Key Details

• Transaction date: 2026-02-04; Filing date: 2026-02-06 (timely).
• Disposition: 144 shares surrendered (tax withholding) at $1,160.00 per share; total value $167,040.
• Related event: Release/vesting of 387 restricted shares on 2/4/2026 (footnote F1).
• Price source: Market closing price on 2/3/2026 (footnote F2).
• Transaction code: F (payment of exercise price or tax liability via share surrender).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This was a cashless-style withholding where restricted shares were surrendered to cover taxes at vesting — common for equity compensation. It differs from a voluntary sale or a purchase and is usually considered routine administrative activity rather than an investment signal.