Farmers and Merchants Bancshares amends Code of Ethics; gifts threshold raised to $100

Farmers & Merchants Bancshares, Inc.

Board approved amended Code of Ethics shifting to concise, principle-based format with compliance focus.
Nominal value threshold for gifts increased from $50 to $100; simplified standards.
New anti-retaliation protections for good-faith reporting; annual acknowledgment required.
Expanded policies on data protection, insider trading, and external employment disclosure.
Removed prescriptive detail; replaced with principles and management oversight.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Farmers & Merchants Bancshares, Inc.: Amended and restated Code of Ethics to be more compliance-focused and principles-based, with updates to conflicts of interest, gifts threshold, new policy areas, and removal of prescriptive detail (effective 2026-05-18).

Change: code of ethics
Effective: 2026-05-18

Exact text from the filing

On May 18, 2026, the Board of Directors of Farmers and Merchants Bancshares, Inc. (the “Company”) amended and restated the Code of Ethics that applies to all of the Company’s directors and executive officers, including its principal executive officer and principal financial officer (the “Code of Ethics”), for the purpose of updating it and making it a more compliance-focused and principles-based code of ethics.

View on SEC.gov

83 governance changes filed in the last 30 days. Browse all governance changes →

Farmers & Merchants Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-018092

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.