Bennett Thomas A 4

What Happened Thomas A. Bennett, Executive Vice President of Farmers & Merchants Bancorp (FMCB), made a disposition to the issuer of 70 shares on March 13, 2026. The reported per-share amount was $1,139.23, for a total value of $79,746. This transaction is a disposition (transfer back to the company), which is effectively a sale-type transaction rather than a purchase.

Key Details

• Transaction date: 2026-03-13
• Transaction type/code: Disposition to issuer (D)
• Shares disposed: 70 at $1,139.23 each
• Total value: $79,746 (reported)
• Shares owned after transaction: Not specified in the provided summary (see the full Form 4 for post-transaction holdings)
• Filing date: 2026-03-16 — appears filed within the SEC’s two-business-day reporting window for this trade
• No explicit footnotes (e.g., 10b5-1 plan or tax withholding) were provided in the supplied details; dispositions to the issuer are commonly used for tax withholding or surrendering shares but check the filing for any issuer-specific notes

Context A "disposition to the issuer" differs from an open-market sale: it usually means the insider returned or surrendered shares to the company (often for tax withholding or as part of a company program). Such transactions are common and do not necessarily signal a change in the insider’s view of the company; purchases tend to be more informative about insider confidence. For full context (post-transaction holdings and any explanatory footnotes), review the complete Form 4 filing (Accession No. 0001213900-26-028243).