Sean A. Sievers - 27 Jan 2026 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
CHIEF FINANCIAL OFFICER
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, 08:50:47 UTC
Previous filing
18 Sep 2025
Next filing
03 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sievers Sean A. CHIEF FINANCIAL OFFICER 410 MONON BLVD., CARMEL /s/ Terry A. Oznick, attorney-in-fact 29 Jan 2026 0002035266

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +6,427 +78% $0.000000 14,634 27 Jan 2026 Direct F1, F2
holding MBIN Series D Depositary Shares 3,000 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 8,688 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 753 vesting 2/1/2026; 2,896 vesting 2/1/2027; 2,896 vesting 2/1/2028; and 2,143 vesting 2/1/2029.