Susan Dehner Kucer - 01 Apr 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Reporting relationship: Indianpolis Market President
Issuer ticker: MBIN
Reported as of: 01 Apr 2024
Net transaction value: -$200,000
SEC form: 4
Accepted by SEC: 20 May 2024, 08:42:22 UTC
Prior SEC filing: 02 Feb 2024
Source filing: View source filing
Reporting owner signature: /s/ Terry A. Oznick, attorney-in-fact

Key filing fact

Susan Dehner Kucer filed Form 4 for Merchants Bancorp (MBIN) on 20 May 2024.

Key facts

This page summarizes Susan Dehner Kucer's Form 4 filing for Merchants Bancorp (MBIN).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 20 May 2024, 08:42.

Change

Previous filing in this sequence was filed on 02 Feb 2024.
Current net transaction value: -$200,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MBIN transaction

Series A Preferred Stock

Disposed to Issuer

Transaction value: $200,000
Shares: -8,000
Change %: -100%
Price: $25.00
Shares after: 0
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MBIN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 46,074
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F2

MBIN holding

Series C Depositary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,000
Date: 01 Apr 2024
Ownership: Direct

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Redemption by the issuer of all outstanding shares of Series A preferred stock at the liquidation preference prescribed by the issuer's Articles.

Footnote F2

Includes 13,668 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,981 vesting 2/1/2025; 4,144 vesting 2/1/2026, and 2,543 vesting 2/1/2027.