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Insider Cluster (2 insiders) ·Filed Aug 14, 2026

FMAO

FARMERS & MERCHANTS BANCORP INC
NEUTRAL
Impact 2/10
Horizonimmediate Processed2mo ago
Insider cluster: 2 insiders, $139K total
Actionable Insight • Neutral

The insider selling is negligible in size and likely routine. Monitor for any material corporate developments (earnings, M&A, regulatory changes) that could drive the stock, but this cluster alone does not warrant a trading action.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d
FMAO ▲ +1.99% at T+20d
NEUTRAL call +1.99% · α vs SPY +3.99% · entry $35.11 → $35.81
Next anchor: T+60d in 13d
Latest observation: T+49 -8.47% FF3 residual α
Entry = T+0 close
Aug 14, 2026
via day close
T+1d
-0.23%
call -0.23% · α +0.24%
$35.03
settled 2mo ago
T+5d
-3.02%
call -3.02% · α -1.65%
$34.05
settled 2mo ago
T+20d
+1.99%
call +1.99% · α +3.99%
$35.81
settled 6w ago
T+60d
Pending
in 13d

Price Chart

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Executive Summary

Two FMAO insiders sold a combined $139K in shares over a one-week window, representing only ~0.03% of the company's $487M market cap. The sales are trivial in size and likely reflect routine portfolio diversification or pre-planned 10b5-1 activity, not a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$139.0K
Insiders
2

Key Facts

  • Director Andrew J. Briggs sold $106K (3,000 shares at $35.19) on 2026-08-13, continuing a pattern of daily 3,000-share sales.
  • EVP/CLO David R. Gerken sold $34K (1,000 shares at $33.72) on 2026-08-06.
  • Total cluster value of $139K is only ~0.03% of FMAO's $487M market cap.
  • Recent 30-day insider activity shows 10 sells totaling $968K, but the cluster is small relative to market cap.

Financial Impact

Insider sales of $139K, immaterial relative to $487M market cap.

Risk Factors

  • Insider selling could accelerate if a larger 10b5-1 plan is in place, but current amounts are too small to signal distress.
  • No other cross-filings (earnings, agreements, restatements) are present to amplify the signal.

Market Snapshot

Exchange
Nasdaq
Sector
Savings Institution, Federally Chartered
Analyst Consensus
0% bullish (8 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FMAO-1786726976957
18 reports for FMAO
Performance horizon
100% Hit rate @ T+1 6 of 6 directional calls Went positive at some point 6 of 6 best @ T+60▲ +16.06%Apr 22, 2026
Filters
Rows
Reports for FMAO — sortable, filterable
TypeNow
Oct 22, 2026
4d ago
8-K
BULLISH ★ 6/10
$36.54 $36.81▲ +0.74%▲ +0.03%$36.54 (+0.00%)
Oct 22, 2026
4d ago
Press Release
BULLISH ★ 6/10
$36.54 $36.81▲ +0.74%▲ +0.03%$36.54 (+0.00%)
Sep 29, 2026
27d ago
Press Release
NEUTRAL ★ 3/10
$34.62 $34.91▲ +0.84%▲ +0.66%$36.54 (+5.55%)
Aug 14, 2026
10w ago
Insider Cluster
NEUTRAL ★ 2/10
$35.11 $35.03▼ −0.23%▲ +0.24%$36.54 (+4.07%)
Aug 12, 2026
10w ago
Insider Cluster
NEUTRAL ★ 3/10
$35.33 $35.11▼ −0.62%▼ −0.42%$36.54 (+3.42%)
Aug 7, 2026
11w ago
Insider Cluster
NEUTRAL ★ 3/10
$34.38 $35.06▲ +1.98%▲ +2.30%$36.54 (+6.28%)
Aug 6, 2026
11w ago
Insider Cluster
NEUTRAL ★ 2/10
$34.67 $34.14▼ −1.55%▼ −1.52%$36.54 (+5.39%)
Aug 5, 2026
11w ago
Insider Cluster
NEUTRAL ★ 2/10
$34.04 $34.67▲ +1.87%▲ +1.26%$36.54 (+7.35%)
Aug 3, 2026
12w ago
Insider Cluster
BEARISH ★ 4/10
$34.52 $33.92▲ +1.75%▲ +1.55%$36.54 (−5.84%)
Jul 27, 2026
13w ago
Press Release
BULLISH ★ 7/10
$34.44 $35.07▲ +1.83%▲ +3.37%$36.54 (+6.10%)
Showing 10 of 18

US Market Status

Market Closed — Opens Wed (13h 18m)

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Report published Aug 14, 2026