August 23, 2025 · Form 4 insider transaction
Eller Lars B sold 1,767 shares of Farmers & Merchants Bancorp, Inc. at $26.75 per share, a transaction worth $47.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 11 days after the transaction.
1767 shares were repurchased by the "Company" to cover taxation. The "Company" calculated taxes owed - federal, state, and local on 4,000 shares that were vested on August 2025 as a result of stock awards issued pursuant to the Company's Long Term Incentive Plan.