Michael F. Petrie - 27 Jan 2026 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
27 Jan 2026
Net transactions value
$0
Form type
4
Filing time
29 Jan 2026, 08:52:38 UTC
Previous filing
12 Dec 2025
Next filing
03 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Petrie Michael F. Chairman and CEO, Director, 10%+ Owner 410 MONON BOULEVARD, CARMEL /s/ Terry A. Oznick, attorney-in-fact 29 Jan 2026 0001718348

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +20,565 +1.1% $0.000000 1,939,993 27 Jan 2026 Direct F1, F2
holding MBIN Common Stock 2,111,868 27 Jan 2026 By Spouse
holding MBIN Common Stock 1,425,000 27 Jan 2026 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,611,424 27 Jan 2026 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 27 Jan 2026 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,410,152 27 Jan 2026 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 724,729 27 Jan 2026 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 57,772 27 Jan 2026 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued.
F2 Includes 78,768 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; 27,591 vesting 2/1/2027; 14,515 vesting 2/1/2028; and 6,855 vesting 2/1/2029.