Michael F. Petrie - 03 Feb 2026 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
03 Feb 2026
Net transactions value
-$208,989
Form type
4
Filing time
05 Feb 2026, 16:22:16 UTC
Previous filing
03 Feb 2026
Next filing
10 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 05 Feb 2026 0001718348

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series C Depositary Shares Sale $27,937 -1,383 -2.5% $20.20 53,985 03 Feb 2026 Direct
transaction MBIN Series C Depositary Shares Sale $139,966 -6,929 -13% $20.20 47,056 04 Feb 2026 Direct
transaction MBIN Series C Depositary Shares Sale $41,087 -2,034 -4.3% $20.20 45,022 05 Feb 2026 Direct
holding MBIN Common Stock 1,930,308 03 Feb 2026 Direct F1
holding MBIN Common Stock 2,111,868 03 Feb 2026 By Spouse
holding MBIN Common Stock 1,425,000 03 Feb 2026 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,611,424 03 Feb 2026 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 03 Feb 2026 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,410,152 03 Feb 2026 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 724,729 03 Feb 2026 Spouse is Trustee of The Petrie Grandchildren Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 48,961 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 27,591 vesting 2/1/2027; 14,515 vesting 2/1/2028; and 6,855 vesting 2/1/2029.