David R. Gerken, serving as Executive Vice President at Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO), completed a transaction involving the sale of 825 shares of the company’s common stock on June 11, 2026. The total value of this divestment reached $23,232, calculated at a per-share price of $28.16. Following the execution of this sale, Gerken maintains a direct ownership stake in 7,509 shares of Farmers & Merchants Bancorp common stock.
In parallel corporate developments, Farmers & Merchants Bancorp, Inc. disclosed a 4% escalation in its quarterly cash dividend, elevating the payout to $0.23 per share. The distribution is slated for payment on April 20, 2026, with eligibility determined by a shareholder record date of April 3, 2026. Furthermore, the company’s Annual Meeting of Shareholders concluded with the re-election of eleven directors. Among those retained are Ahmed Alomari and Ian D. Boyce, who are confirmed to serve until the 2027 Annual Meeting.
Strategic personnel adjustments were also highlighted within the organization. F&M Bank, operating as a subsidiary of Farmers & Merchants Bancorp, advanced Shalini Singhal to the role of Chief Information and Technology Officer. Singhal, who has contributed to the bank for nearly six years, will now oversee the institution’s technology strategy, digital initiatives, and cybersecurity operations. These organizational updates underscore a broader effort to reinforce governance structures and technological leadership within the banking sector.