{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-045036","form_type":"8-K","ticker":"FMAO","cik":"0000792966","company_name":"FARMERS & MERCHANTS BANCORP INC","filed_at":"2021-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.773063+00:00","generated_at":"2026-06-29T09:23:44.735005+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"F&M Bancorp enters new CEO employment agreement with Lars Eller through 2024","bullets":["Base salary of $389,480; three-year term from Sept 1, 2021 to Aug 31, 2024.","Target restricted stock grant of 4,000 shares under Long-Term Equity Incentive Plan.","Change-in-control severance: 2x base salary plus average bonus; 12 months continued benefits.","Non-compete and non-solicit covenants apply during employment and one year post-termination.","Agreement substantially similar to prior contract; F&M parent guarantees performance."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-045036","json":"https://secwatch.observer/filing/0001564590-21-045036.json","markdown":"https://secwatch.observer/filing/0001564590-21-045036.md","text":"https://secwatch.observer/filing/0001564590-21-045036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792966/000156459021045036/0001564590-21-045036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792966/000156459021045036/fmao-8k_20210817.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T09:23:44.735005+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}