A cluster of insider trades at Farmers & Merchants Bancorp shows director Andrew Briggs selling $511K worth of stock in five daily tranches over Aug 3–7, while director Gregory R. Allen made a modest $10K open-market purchase. The selling is concentrated and systematic (3K shares/day), suggesting a routine 10b5-1 plan or predetermined liquidity schedule rather than a bearish signal. At 0.11% of market cap, the total sale value is below the materiality threshold for informational significance, and the lone EVP/CLO sale is small. The director buy is minimal and provides no offset.
Price Chart
Executive Summary
A cluster of insider trades at Farmers & Merchants Bancorp shows director Andrew Briggs selling $511K worth of stock in five daily tranches over Aug 3–7, while director Gregory R. Allen made a modest $10K open-market purchase. The selling is concentrated and systematic (3K shares/day), suggesting a routine 10b5-1 plan or predetermined liquidity schedule rather than a bearish signal. At 0.11% of market cap, the total sale value is below the materiality threshold for informational significance, and the lone EVP/CLO sale is small. The director buy is minimal and provides no offset.
Key Financial Metrics
Key Facts
- Director Andrew J. Briggs sold 3,000 shares on each of five consecutive trading days (Aug 3–7) for total proceeds of ~$511K.
- EVP/CLO David R. Gerken sold 1,000 shares on Aug 6 for $33,720.
- Director Gregory R. Allen purchased 300 shares on Aug 3 for $10,341.
- Total open-market sales = $545K (Briggs + Gerken); total purchase = $10K; net dollar flow is heavily selling-side.
- Combined sale value of ~$545K represents ~0.11% of FMAO's $472M market cap — below the 0.5% threshold for significant insider selling.
Financial Impact
Insider sales of ~$545K (~0.11% of market cap) over five days; negligible economic impact on share supply.
Risk Factors
- Sustained insider selling could weigh on sentiment if volume accelerates or C-suite executives join the selling.
- No current earnings, guidance, or corporate events in the filing window to explain timing of the cluster.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FMAO-1786140076620 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $36.54 $36.81 | ▲ +0.74% | ▲ +0.03% | $36.54 (+0.00%) |
Oct 22, 2026 4d ago | Press Release | $36.54 $36.81 | ▲ +0.74% | ▲ +0.03% | $36.54 (+0.00%) |
Sep 29, 2026 27d ago | Press Release | $34.62 $34.91 | ▲ +0.84% | ▲ +0.66% | $36.54 (+5.55%) |
Aug 14, 2026 10w ago | Insider Cluster | $35.11 $35.03 | ▼ −0.23% | ▲ +0.24% | $36.54 (+4.07%) |
Aug 12, 2026 10w ago | Insider Cluster | $35.33 $35.11 | ▼ −0.62% | ▼ −0.42% | $36.54 (+3.42%) |
Aug 7, 2026 11w ago | Insider Cluster | $34.38 $35.06 | ▲ +1.98% | ▲ +2.30% | $36.54 (+6.28%) |
Aug 6, 2026 11w ago | Insider Cluster | $34.67 $34.14 | ▼ −1.55% | ▼ −1.52% | $36.54 (+5.39%) |
Aug 5, 2026 11w ago | Insider Cluster | $34.04 $34.67 | ▲ +1.87% | ▲ +1.26% | $36.54 (+7.35%) |
Aug 3, 2026 12w ago | Insider Cluster | $34.52 $33.92 | ▲ +1.75% | ▲ +1.55% | $36.54 (−5.84%) |
Jul 27, 2026 13w ago | Press Release | $34.44 $35.07 | ▲ +1.83% | ▲ +3.37% | $36.54 (+6.10%) |
US Market Status
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