Bank of Marin (BMRC) EVP reports 604-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank of Marin Bancorp executive David A. Bloom reported a routine tax-related share disposition. On June 10, 2026, 604 shares of Common Stock were disposed of at $26.15 per share to cover tax obligations by delivering shares back to the company. After this tax-withholding transaction, Bloom directly owns 22,961 shares of Bank of Marin Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bloom David A
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 604 | $26.15 | $16K |
Holdings After Transaction:
Common Stock — 22,961 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 604 shares
Transaction price: $26.15 per share
Shares owned after transaction: 22,961 shares
3 metrics
Tax-withholding shares
604 shares
Common Stock disposed to cover tax liability
Transaction price
$26.15 per share
Value used for tax-withholding disposition
Shares owned after transaction
22,961 shares
Direct holdings following tax-withholding disposition
Key Terms
tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Bank of Marin Bancorp (BMRC) report for David A. Bloom?
Bank of Marin Bancorp Executive Vice President David A. Bloom reported a tax-withholding disposition of 604 common shares. The transaction used shares, at $26.15 each, to satisfy tax obligations rather than representing an open-market sale.
Was David A. Bloom’s BMRC Form 4 transaction a market sale or a tax withholding?
The Form 4 classifies the transaction as a tax-withholding disposition, not a market sale. Shares were delivered to pay an exercise price or tax liability, using transaction code “F” with no open-market buying or selling activity reported.