Farmers & Merchants Bancshares's top three insider shareholders as of September 29, 2026 are Bruce L. Schindler (Director, 105.07K shares), Paul F. Jr. Wooden (Director, 47.27K shares), Ronald W. Hux (Director, 39.21K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Bruce L. Schindler | Director | 105,066 | 0 | 105,066 | 35.0% | 12 Jan, 2026 |
| 2 | Ronald W. Hux | Director | 75,541 | 0 | 75,541 | 25.2% | 12 Jan, 2026 |
| 3 | Paul F. Jr. Wooden | Director | 47,275 | 0 | 47,275 | 15.8% | 31 Dec, 2024 |
| 4 | Steven W. Eline | Director | 23,699 | 0 | 23,699 | 7.9% | 26 Oct, 2023 |
| 5 | Teresa L. Smack | Director | 15,655 | 0 | 15,655 | 5.2% | 12 Jan, 2026 |
| 6 | Mark C. Krebs | Other | 14,825 | 0 | 14,825 | 4.9% | 14 Jan, 2026 |
| 7 | Joseph Lawrence Mekulski | Director | 4,373 | 0 | 4,373 | 1.5% | 27 Jan, 2025 |
| 8 | Emily Bollinger Miller | Director | 4,058 | 0 | 4,058 | 1.4% | 12 Jan, 2026 |
| 9 | Gary A Harris | President Ceo | 3,357 | 0 | 3,357 | 1.1% | 24 Jan, 2025 |
| 10 | Roger D. Cassell | Director | 2,566 | 0 | 2,566 | 0.9% | 18 Dec, 2024 |
| 11 | Robert G Pollokoff | Director | 2,308 | 0 | 2,308 | 0.8% | 12 Jan, 2026 |
| 12 | Barry Luciani | Evp | 1,416 | 0 | 1,416 | 0.5% | 29 Jan, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 21 Jan, 2026 | Barry Luciani | Evp | Acquired A | 1,200 | $0.00 | $0 | 1,416 | Direct |
| 08 Jan, 2026 | Mark C. Krebs | Other | Acquired A | 265 | $17.02 | $4.51K | 7,701 | Direct |
| 08 Jan, 2026 | Robert G Pollokoff | Director | Acquired A | 823 | $17.02 | $14.01K | 2,282 | Direct |
| 08 Jan, 2026 | Emily Bollinger Miller | Director | Acquired A | 910 | $17.02 | $15.49K | 2,886 | Direct |
| 08 Jan, 2026 | Ronald W. Hux | Director | Acquired A | 800 | $17.02 | $13.62K | 39,208 | Direct |
| 08 Jan, 2026 | Bruce L. Schindler | Director | Acquired A | 2,287 | $17.02 | $38.92K | 105,066 | Direct |
| 08 Jan, 2026 | Teresa L. Smack | Director | Acquired A | 827 | $17.02 | $14.08K | 8,378 | Direct |
| 25 Nov, 2025 | Emily Bollinger Miller | Director | Acquired P | 750 | $16.00 | $12.00K | 1,941 | Direct |
| 23 Jan, 2025 | Teresa L. Smack | Director | Acquired A | 841 | $0.00 | $0 | 7,276 | Direct |
| 23 Jan, 2025 | Robert G Pollokoff | Director | Acquired A | 1,373 | $0.00 | $0 | 1,399 | Direct |
| 23 Jan, 2025 | Emily Bollinger Miller | Director | Acquired A | 872 | $0.00 | $0 | 1,172 | Direct |
| 23 Jan, 2025 | Bruce L. Schindler | Director | Acquired A | 2,286 | $0.00 | $0 | 98,472 | Direct |
| 23 Jan, 2025 | Joseph Lawrence Mekulski | Director | Acquired A | 1,356 | $0.00 | $0 | 2,866 | Direct |
| 23 Jan, 2025 | Gary A Harris | President Ceo | Acquired A | 100 | $0.00 | $0 | 3,357 | Direct |
| 23 Jan, 2025 | Mark C. Krebs | Treasurer Cfo | Acquired A | 125 | $0.00 | $0 | 7,124 | Direct |
| 31 Dec, 2024 | Paul F. Jr. Wooden | Director | Disposed G | 2,926 | $0.00 | $0 | 47,275 | Direct |
| 12 Dec, 2024 | Roger D. Cassell | Director | Acquired P | 500 | $15.25 | $7.63K | 2,566 | Direct |
| 20 Nov, 2024 | Ronald W. Hux | Director | Acquired P | 10,000 | $14.65 | $146.50K | 36,334 | Direct |
| 08 Aug, 2024 | Mark C. Krebs | Treasurer Cfo | Acquired P | 500 | $16.00 | $8.00K | 6,923 | Direct |
| 05 Aug, 2024 | Mark C. Krebs | Treasurer Cfo | Acquired P | 126 | $16.00 | $2.02K | 5,549 | Direct |