James Saneholtz, Director at FARMERS & MERCHANTS BANCORP INC (FMAO), bought 4,800 shares at $20.75 ($100K) on 2012-03-01, disclosed to the SEC on 2012-03-02.
Open-market purchase of $100k FMAO by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.