Lars Eller compensation by year
FARMERS & MERCHANTS BANCORP Summary Compensation Table · all 8 fiscal years held| Component | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Salary | $87,500 | $350,000 | $387,962 | $389,481 | $410,573 | $490,000 | $504,700 | $519,841 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $51,084 | $75,000 | $65,340 | $68,100 | $122,560 | $124,320 | $129,440 | $109,148 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $57,470 | $122,500 | $170,703 | $223,094 | $209,448 | $52,920 | $225,197 | $283,573 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | — | $0 | — |
| All other | $1,939 | $17,872 | $38,974 | $37,116 | $39,398 | $34,635 | $50,821 | $56,773 |
| Total | $197,993 | $565,372 | $662,979 | $717,791 | $781,979 | $701,875 | $910,158 | $969,335 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FARMERS & MERCHANTS BANCORP INC DEF 14A filed March 24, 2026, accession 0001140361-26-010915, and prior-year filings. Open the filing on EDGAR.
How this page was built: the FARMERS & MERCHANTS BANCORP INC filed document, accession 0001140361-26-010915. Every figure is read from that document and cited to the page and table it appears in. Filed March 24, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 14,712 | $363,681 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in FARMERS & MERCHANTS BANCORP INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
1 Form 4 line since the FY2025 proxy (filed March 24, 2026)current to 2026-11-06 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-06-04 | Grant or award | — | 645 | $27.14 | 33,874 |
The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
FARMERS & MERCHANTS BANCORP’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Lars Eller · this page | President and Chief Executive Officer | $969,335 |
| Barbara Britenriker | Executive Vice President | $520,780 |
| Andrew Baker | Senior Vice President | $487,236 |
| David Gerken | Executive Vice President | $447,936 |
| Eric Faust | Executive Vice President | $434,236 |
Board service
FARMERS & MERCHANTS BANCORP board · FY2021–FY2025| Fiscal year | Cash fees | Stock awards | Option awards | Other | Total |
|---|---|---|---|---|---|
| FY2025 | $0 | $17,496 | — | — | — |
| FY2024 | $0 | $15,007 | — | — | — |
| FY2022 | $0 | $10,000 | — | — | — |
| FY2021 | $0 | $6,000 | — | — | — |
Each year as the company reported it in FARMERS & MERCHANTS BANCORP's director compensation table. Totals are the company's own disclosed totals.
How this board is paid
Company policy: FARMERS & MERCHANTS BANCORP pays directors a $50,000 cash retainer and $17,500 in equity. As stated in FARMERS & MERCHANTS BANCORP's FY2025 proxy.
Committees
Executive
The full FARMERS & MERCHANTS BANCORP compensation record
free company briefThis page is one person within FARMERS & MERCHANTS BANCORP's record. The company brief lists every named executive, each linking to their own page.
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are FARMERS & MERCHANTS BANCORP's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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