CEO Gary Harris gets 2,000 immediate shares, up to 3,000 more in conditional grants through 2026

Farmers & Merchants Bancshares, Inc.

CEO Gary A. Harris granted 2,000 fully-vested shares effective Sept 22, 2023 under 2023 Equity Compensation Plan.
Conditional grants of 1,000 vested shares each on Sept 22, 2024, 2025, and 2026 if employed in good standing.
Total potential grant of 5,000 shares of common stock (par value $0.01 per share) over four years.

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