Bank of Marin Bancorp Director Gencer Cigdem Receives 849 Shares in Director Fee Payment

This SEC Form 4 filing reports that Gencer Cigdem, a director of Bank of Marin Bancorp (BMRC), received 849 shares of common stock as payment for director fees on July 1, 2026. The shares were acquired at a price of $28.94 per share, bringing Cigdem's total holdings to 5,671 shares. The transaction was coded as "J" (Other acquisition or disposition) and the shares were received directly (ownership nature "D"). The filing was signed by Krissy Meyer as Attorney-in-Fact on behalf of the director. This represents a routine director compensation transaction where equity is used as part of the director's remuneration package, which is a common practice for public company board members.