Devlin Amends Bank of Marin Bancorp Filing
Ticker: BMRC · Form: SC 13D/A · Filed: Jul 30, 2024 · CIK: 1403475
| Field | Detail |
|---|---|
| Company | Bank Of Marin Bancorp (BMRC) |
| Form Type | SC 13D/A |
| Filed Date | Jul 30, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $15.4045, $15.1891, $14.7621, $14.8090, $15.1581 |
| Sentiment | neutral |
Sentiment: neutral
Topics: schedule-13d, beneficial-ownership, amendment
Related Tickers: BOMN
TL;DR
Shawn Devlin updated his Bank of Marin Bancorp stake filing. Watch for more details.
AI Summary
On July 29, 2024, Shawn Devlin filed Amendment No. 3 to Schedule 13D for Bank of Marin Bancorp. This filing indicates a change in the beneficial ownership of the company's common stock. The specific details of the change in ownership, including the exact number of shares and percentage held, are not fully detailed in the provided header information.
Why It Matters
Changes in beneficial ownership filings like this can signal shifts in major shareholder influence or strategy, potentially impacting the company's stock performance and corporate governance.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant shareholder activity, which can lead to volatility or strategic changes for the company.
Key Numbers
- 20240730 — Filing Date (Date of the Schedule 13D/A amendment)
Key Players & Entities
- Bank of Marin Bancorp (company) — Subject company
- Shawn Devlin (person) — Filing person
- Steve Wolosky, Esq. (person) — Authorized to receive notices
- Olshan Frome Wolosky LLP (company) — Legal representative
FAQ
What specific changes in beneficial ownership are reported in Amendment No. 3?
The provided header information for Amendment No. 3 to Schedule 13D does not detail the specific changes in beneficial ownership, only that a filing was made by Shawn Devlin for Bank of Marin Bancorp.
Who is the filing person for this Schedule 13D/A?
The filing person is Shawn Devlin.
What is the CUSIP number for Bank of Marin Bancorp's common stock?
The CUSIP number for Bank of Marin Bancorp's common stock is 063425102.
When was the event requiring this filing?
The date of the event which requires filing of this statement is July 29, 2024.
What is the business address of Bank of Marin Bancorp?
The business address of Bank of Marin Bancorp is 504 Redwood Boulevard, Suite 100, Novato, CA 94947.
Filing Stats: 1,328 words · 5 min read · ~4 pages · Grade level 6.9 · Accepted 2024-07-30 19:32:54
Key Financial Figures
- $15.4045 — ARDNER Sale of Common Stock (2,514) $15.4045 05/31/2024 Sale of Common Stock (2,
- $15.1891 — 1/2024 Sale of Common Stock (2,586) $15.1891 06/03/2024 Sale of Common Stock (2,
- $14.7621 — 3/2024 Sale of Common Stock (2,456) $14.7621 06/04/2024 Sale of Common Stock (2,
- $14.8090 — 4/2024 Sale of Common Stock (2,708) $14.8090 06/05/2024 Sale of Common Stock (2,
- $15.1581 — 5/2024 Sale of Common Stock (2,137) $15.1581 06/07/2024 Sale of Common Stock (2,
- $14.9117 — 7/2024 Sale of Common Stock (2,400) $14.9117 06/10/2024 Sale of Common Stock (1,
- $14.7836 — 0/2024 Sale of Common Stock (1,440) $14.7836 06/11/2024 Sale of Common Stock (1,
- $15.2725 — 1/2024 Sale of Common Stock (1,600) $15.2725 06/12/2024 Sale of Common Stock (74
- $14.9129 — /12/2024 Sale of Common Stock (748) $14.9129 06/20/2024 Sale of Common Stock (2,
- $14.7449 — 0/2024 Sale of Common Stock (2,118) $14.7449 06/21/2024 Sale of Common Stock (1,
- $14.7503 — 1/2024 Sale of Common Stock (1,722) $14.7503 06/24/2024 Sale of Common Stock (2,
- $14.6036 — 4/2024 Sale of Common Stock (2,300) $14.6036 06/25/2024 Sale of Common Stock (4,
- $16.2071 — 5/2024 Sale of Common Stock (4,882) $16.2071 06/28/2024 Sale of Common Stock (2,
- $16.3790 — 8/2024 Sale of Common Stock (2,001) $16.3790 07/01/2024 Sale of Common Stock (1,
- $16.4897 — 1/2024 Sale of Common Stock (1,802) $16.4897 07/02/2024 Sale of Common Stock (4,
Filing Documents
- sc13da313168002_07302024.htm (SC 13D/A) — 97KB
- 0000921895-24-001642.txt ( ) — 99KB
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer . Items 5(a)–(c) are hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each person named herein is based upon 16,285,786 Shares outstanding as of April 30, 2024, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on May 9, 2024. A. Mr. Gardner (a) As of the date hereof, Mr. Gardner directly beneficially owned 383,347 Shares. Percentage: Approximately 2.4% (b) 1. Sole power to vote or direct vote: 383,347 2. Shared power to vote or direct vote: -0- 3. Sole power to dispose or direct the disposition: 383,347 4. Shared power to dispose or direct the disposition: -0- (c) Mr. Gardner’s transactions in the securities of the Issuer during the past 60 days are set forth on Schedule A annexed hereto. B. Ms. Devlin (a) As of the date hereof, Ms. Devlin directly beneficially owned 466,031 Shares. Percentage: Approximately 2.9% (b) 1. Sole power to vote or direct vote: 466,031 2. Shared power to vote or direct vote: -0- 3. Sole power to dispose or direct the disposition: 466,031 4. Shared power to dispose or direct the disposition: -0- (c) Ms. Devlin’s transactions in the securities of the Issuer during the past 60 days are set forth on Schedule A annexed hereto. The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or she does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or she does not directly own. 4 CUSIP No. 063425102
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of their respective knowledge, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: July 30, 2024 /s/ Riley Gardner Riley Gardner /s/ Shawn Devlin Shawn Devlin 5 CUSIP No. 063425102 SCHEDULE A Transactions in the Securities of the Issuer During the Past Sixty Days Nature of the Transaction Amount of Securities Purchased/(Sold) Price ($) Date of Purchase/Sale RILEY GARDNER Sale of Common Stock (2,514) $15.4045 05/31/2024 Sale of Common Stock (2,586) $15.1891 06/03/2024 Sale of Common Stock (2,456) $14.7621 06/04/2024 Sale of Common Stock (2,708) $14.8090 06/05/2024 Sale of Common Stock (2,137) $15.1581 06/07/2024 Sale of Common Stock (2,400) $14.9117 06/10/2024 Sale of Common Stock (1,440) $14.7836 06/11/2024 Sale of Common Stock (1,600) $15.2725 06/12/2024 Sale of Common Stock (748) $14.9129 06/20/2024 Sale of Common Stock (2,118) $14.7449 06/21/2024 Sale of Common Stock (1,722) $14.7503 06/24/2024 Sale of Common Stock (2,300) $14.6036 06/25/2024 Sale of Common Stock (4,882) $16.2071 06/28/2024 Sale of Common Stock (2,001) $16.3790 07/01/2024 Sale of Common Stock (1,802) $16.4897 07/02/2024 Sale of Common Stock (4,402) $20.0257 07/15/2024 Sale of Common Stock (5,608) $21.1791 07/16/2024 Sale of Common Stock (1,859) $21.3835 07/17/2024 Sale of Common Stock (2,342) $20.8920 07/18/2024 Sale of Common Stock (1,200) $20.4908 07/19/2024 Sale of Common Stock (2,000) $20.8850 07/22/2024 Sale of Common Stock (2) $21.4500 07/23/2024 Sale of Common Stock (2,704) $21.3377 07/24/2024 Sale of Common Stock (2,058) $22.0895 07/25/2024 Sale of Common Stock (2,800) $22.2546 07/26/2024 Sale of Common Stock (2,804) $19.6246 07/29/2024 CUSIP No. 063425102 SHAWN DEVLIN Sale of Common Stock (1,400) $14.7586 06