Michael F. Petrie - 01 Feb 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
01 Feb 2025
Net transactions value
-$507,647
Form type
4
Filing time
04 Feb 2025, 17:44:52 UTC
Previous filing
29 Jan 2025
Next filing
05 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability $507,647 -12,107 -0.6% $41.93 2,001,419 01 Feb 2025 Direct F1, F2
transaction MBIN Common Stock Gift $0 -72,464 -2.9% $0.000000 2,410,152 03 Feb 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
transaction MBIN Common Stock Gift $0 -11,991 -0.6% $0.000000 1,989,428 04 Feb 2025 Direct F2
holding MBIN Common Stock 2,111,868 01 Feb 2025 By Spouse
holding MBIN Common Stock 1,425,000 01 Feb 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 1,425,000 01 Feb 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,611,424 01 Feb 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 674,729 01 Feb 2025 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 100,000 01 Feb 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 Includes 58,203 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 29,807 vesting 2/1/2026; 20,736 vesting 2/1/2027, and 7,660 vesting 2/1/2028.