Comparable stake leader
Michael F. Petrie
SEC ownership of Merchants Bancorp
Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0001629019.
Disclosed value leader
Elser Financial Planning, Inc
Comparable rows
3/50
Latest evidence
30 Oct 2026
- Public ticker
- MBIN, MBINL, MBINM, MBINN on Nasdaq
- Parsed ownership sources
-
3/4/5, 13D/G, and 13F
Source: Parsed SEC ownership filingsUse: Compare filing families carefully
- Largest SEC-reported holder
-
Michael F. Petrie
Ranking: Comparable ownership first, then disclosed value
- Comparable ownership rows
-
3 of 50
Meaning: Rows with safely comparable ownership %
- Latest 13D/G holder
-
Michael F. Petrie
Source: Latest parsed Schedule 13D/G stake
- Latest parsed ownership date
-
30 Oct 2026
Freshness: Most recent filing date in this holder set
- Issuer CIK
- 0001629019
- Issuer location
- Carmel, IN
Ownership snapshot
CIK-linked ownership evidence from parsed SEC filings.
3 signals
Issuer
Names, identifiers, and filing context for this profile.
2 identity fields
Ownership snapshot
Top shareholders of Merchants Bancorp (13F + 13D/G + 3/4/5)
Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.
Comparable stake leader
Michael F. Petrie
Disclosed value leader
Elser Financial Planning,...
Comparable rows
3/50
Latest evidence
30 Oct 2026
3/4/5
13D/G
13F
Lead comparable stake: 27%
47 rows are not safely comparable across share classes.
13D/G row: Michael F. Petrie
Showing 1-8 of 50 holder rows.
Quick read
Michael F. Petrie leads the comparable SEC ownership view at 27%.
3 of 50 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.
Open SEC evidence
Opens Michael F. Petrie's linked filing trail.
Comparable ownership
Top 3
Michael F. Petrie
27%
BlackRock, Inc.
8.8%
Randall D. Rogers
8.3%
Ownership % is shown only when SEC disclosures are safely comparable across share classes.
Detailed SEC evidence table Showing 1-8 of 50 holder rows
| Holder | Evidence | Ownership % | Position | 12M Net Δ | As of |
|---|---|---|---|---|---|
| Michael F. Petrie |
3/4/5
13D/G
Chairman and CEO, Director, 10%+ Owner
|
27%
Reported 13D/G
· 26 Feb 2026
|
$631,812,916
12,562,409 shares
mixed-class rows
|
-$4,901,251 | 30 Jul 2026 |
| BlackRock, Inc. |
13F
13D/G
Company
|
8.8%
Reported 13D/G
· 31 Mar 2026
|
$205,259,650
4,105,193 shares
|
— | 30 Jun 2026 |
| Randall D. Rogers |
13D/G
3/4/5
Randall D. Rogers, Jr. · Vice Chairman, Director
|
8.3%
Reported 13D/G
· 09 Feb 2026
|
$159,563,913
3,775,767 shares
|
$0 | 09 Feb 2026 |
| Elser Financial Planning, Inc |
13F
Company
|
—
denominator unverified
|
$1,340,431,250
26,808,625 shares
|
— | 30 Jun 2026 |
| Randall D. Rogers Jr. |
3/4/5
Director
|
—
denominator unverified
|
$162,000,740
3,775,361 shares
|
— | 21 May 2026 |
| DIMENSIONAL FUND ADVISORS LP |
13F
Company
|
—
denominator unverified
|
$91,358,637
1,827,144 shares
|
— | 30 Jun 2026 |
| STATE STREET CORP |
13F
Company
|
—
denominator unverified
|
$53,463,502
1,066,972 shares
|
— | 30 Jun 2026 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. |
13F
Company
|
—
denominator unverified
|
$52,250,000
1,044,992 shares
|
— | 30 Jun 2026 |
How to read this table
Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Forms 3/4/5 flow
Insider trading overview
Net insider flow leans to selling over the last 12 months. Net value: -$5,651,381.
Buys
$0
Insiders: 0
Sells
$5,651,381
Insiders: 3
Net
-$5,651,381
Shares: -174,572
Window
Last 12 months
4 rolling buckets
Buy value
Sell value
Shares: 0
Shares: 174,572
| Window (months) | Buy shares | Sell shares | Buy value | Sell value | Net value |
|---|---|---|---|---|---|
| 0-3 | 0 | 0 | $0 | $0 | $0 |
| 3-6 | 0 | 26,334 | $0 | $1,384,131 | -$1,384,131 |
| 6-9 | 0 | 93,260 | $0 | $3,199,504 | -$3,199,504 |
| 9-12 | 0 | 54,978 | $0 | $1,067,745 | -$1,067,745 |
Reporting owners
Insider holders from Forms 3/4/5
Showing 1-20 of 24 reporting-owner rows connected to Merchants Bancorp. Open a relationship link for the CIK-to-CIK filing trail.
Rows
24
Largest Forms 3/4/5 holder
Michael F. Petrie
Net 12M change
-$5.65M
Full value: -$5,651,381 · USD · 12-month changeLatest report
30 Oct 2026
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Michael F. Petrie | Chairman and CEO, Director, 10%+ Owner | $631,812,916 | -$4,901,251 | -0.77% | Mixed | 30 Jul 2026 |
| Randall D. Rogers Jr. | Director | $162,000,740 | Mixed | 21 May 2026 | ||
| Randall D. Rogers | Vice Chairman, Director | $130,140,560 | Mixed | 23 Aug 2024 | ||
| Julia L. Kaercher | Director | $44,694,235 | -$496,800 | -1.1% | Mixed | 30 Jul 2026 |
| Michael J. Dunlap | President, COO, Director | $10,208,089 | Median | 30 Oct 2026 | ||
| Patrick D. O'Brien | Director | $9,530,812 | Mixed | 20 Aug 2026 | ||
| Michael R. Dury | CEO of Merchants Capital | $7,419,860 | Mixed | 05 Aug 2026 | ||
| Jerry F. Koors | Merchants Mortgage President | $2,490,729 | Mixed | 01 Feb 2026 | ||
| John F. Macke | Chief Financial Officer | $2,459,017 | Mixed | 01 Feb 2024 | ||
| Susan Dehner Kucer | Indianpolis Market President | $2,129,105 | Mixed | 01 Apr 2024 | ||
| Andrew Juster | Director | $1,690,200 | Mixed | 20 Aug 2026 | ||
| Langford Kevin T. | Chief Administrative Officer | $1,563,340 | Mixed | 07 May 2026 | ||
| Terry A. Oznick | SVP, General Counsel | $1,300,766 | Mixed | 01 Feb 2026 | ||
| David N. Shane | Director | $1,179,349 | Mixed | 19 Feb 2026 | ||
| Thomas Dinwiddie | Director | $1,154,700 | Mixed | 20 Aug 2026 | ||
| Scott A. Evans | Lynn Market President, Director | $1,142,471 | Mixed | 01 Feb 2026 | ||
| Anne E. Sellers | Director | $868,470 | Mixed | 20 Aug 2026 | ||
| Sean A. Sievers | Chief Financial Officer | $671,136 | Mixed | 01 Feb 2026 | ||
| Sue Anne Gilroy | Director | $635,621 | Mixed | 19 Feb 2026 | ||
| Martin A. Schroeter | President-Warehouse Lending | $501,178 | -$253,330 | -34% | Filing P/S | 10 Feb 2026 |
Recent insider transactions for Merchants Bancorp
Showing up to 300 recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | SEC-reported value | SEC-reported price | Shares | Shares owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| Michael J. Dunlap | MBIN | Common Stock | Gift | -1.74% | -3,700 | 208,496 | 30 Oct 2026 | Direct | ||
| Mark E. Shaffer | MBIN | Common Stock | Award | 86.1% | 328 | 709 | 20 Aug 2026 | Direct | ||
| Anne E. Sellers | MBIN | Common Stock | Award | 2.59% | 328 | 12,987 | 20 Aug 2026 | Direct | ||
| Patrick D. O'Brien | MBIN | Common Stock | Award | 0.27% | 328 | 120,049 | 20 Aug 2026 | Direct | ||
| Andrew Juster | MBIN | Common Stock | Award | 1.25% | 328 | 26,500 | 20 Aug 2026 | Direct | ||
| Thomas Dinwiddie | MBIN | Common Stock | Award | 1.44% | 328 | 23,094 | 20 Aug 2026 | Direct | ||
| Michael S. Curless | MBIN | Common Stock | Award | 86.1% | 328 | 709 | 20 Aug 2026 | Direct | ||
| Tamika Catchings | MBIN | Common Stock | Award | 4.22% | 328 | 8,094 | 20 Aug 2026 | Direct | ||
| Michael R. Dury | MBIN | Common Stock | Gift | -2.97% | -3,700 | 120,702 | 05 Aug 2026 | Direct | ||
| Julia L. Kaercher | MBIN | Common Stock | Sale | -1.22% | -$496,800 | $55.20 | -9,000 | 727,103 | 30 Jul 2026 | As Trustee of The Petrie Grandchildren Trust |
| Michael F. Petrie | MBIN | Common Stock | Sale | -1.22% | -$496,800 | $55.20 | -9,000 | 727,013 | 30 Jul 2026 | Spouse is Trustee of The Petrie Grandchildren Trust |
| Michael R. Dury | MBIN | Common Stock | Gift | -7.92% | -10,700 | 124,402 | 03 Jun 2026 | Direct | ||
| Mark E. Shaffer | MBIN | Common Stock | Award | 381 | 381 | 21 May 2026 | Direct | |||
| Patrick D. O'Brien | MBIN | Common Stock | Award | 0.32% | 381 | 119,721 | 21 May 2026 | Direct | ||
| Andrew Juster | MBIN | Common Stock | Award | 1.48% | 381 | 26,172 | 21 May 2026 | Direct | ||
| Thomas Dinwiddie | MBIN | Common Stock | Award | 1.7% | 381 | 22,766 | 21 May 2026 | Direct | ||
| Tamika Catchings | MBIN | Common Stock | Award | 5.16% | 381 | 7,766 | 21 May 2026 | Direct | ||
| Anne E. Sellers | MBIN | Common Stock | Award | 3.1% | 381 | 12,659 | 21 May 2026 | Direct | ||
| Michael S. Curless | MBIN | Common Stock | Award | 381 | 381 | 21 May 2026 | Direct | |||
| Michael F. Petrie | MBIN | Common Stock | Gift | -0.86% | -16,000 | 1,848,994 | 15 May 2026 | Direct | ||
| Langford Kevin T. | MBIN | Common Stock | Gift | -1.75% | -650 | 36,433 | 07 May 2026 | Direct | ||
| Michael F. Petrie | MBIN | Common Stock | Sale | -0.44% | -$390,531 | $46.86 | -8,334 | 1,864,994 | 06 May 2026 | Direct |
| Michael F. Petrie | MBIN | Common Stock | Sale | -1.43% | -$500,038 | $46.75 | -10,696 | 736,013 | 05 May 2026 | Spouse is Trustee of The Petrie Grandchildren Trust |
| Michael F. Petrie | MBIN | Common Stock | Sale | -1.06% | -$935,000 | $46.75 | -20,000 | 1,873,328 | 05 May 2026 | Direct |
| Michael F. Petrie | MBIN | Common Stock | Sale | -0.79% | -$660,750 | $44.05 | -15,000 | 1,893,328 | 26 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -82.4% | -$280,888 | $20.25 | -13,871 | 2,958 | 26 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -2.19% | -$7,615 | $20.20 | -377 | 16,829 | 25 Feb 2026 | Direct |
| David N. Shane | MBIN | Common Stock | Award | 1.63% | 377 | 23,527 | 19 Feb 2026 | Direct | ||
| Anne E. Sellers | MBIN | Common Stock | Award | 3.17% | 377 | 12,278 | 19 Feb 2026 | Direct | ||
| Patrick D. O'Brien | MBIN | Common Stock | Award | 0.32% | 377 | 119,340 | 19 Feb 2026 | Direct | ||
| Andrew Juster | MBIN | Common Stock | Award | 1.48% | 377 | 25,791 | 19 Feb 2026 | Direct | ||
| Sue Anne Gilroy | MBIN | Common Stock | Award | 2.83% | 377 | 13,684 | 19 Feb 2026 | Direct | ||
| Thomas Dinwiddie | MBIN | Common Stock | Award | 1.71% | 377 | 22,385 | 19 Feb 2026 | Direct | ||
| Tamika Catchings | MBIN | Common Stock | Award | 5.38% | 377 | 7,385 | 19 Feb 2026 | Direct | ||
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -8.03% | -$30,340 | $20.20 | -1,502 | 17,206 | 18 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -0.53% | -$2,020 | $20.20 | -100 | 18,708 | 17 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -19.2% | -$89,991 | $20.20 | -4,455 | 18,808 | 10 Feb 2026 | Direct |
| Martin A. Schroeter | MBIN | Common Stock | Sale | -33.6% | -$253,330 | $46.06 | -5,500 | 10,881 | 10 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -38.6% | -$295,122 | $20.20 | -14,610 | 23,263 | 09 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -15.9% | -$144,410 | $20.20 | -7,149 | 37,873 | 06 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -4.32% | -$41,087 | $20.20 | -2,034 | 45,022 | 05 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -12.8% | -$139,966 | $20.20 | -6,929 | 47,056 | 04 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -2.5% | -$27,937 | $20.20 | -1,383 | 53,985 | 03 Feb 2026 | Direct |
| Michael F. Petrie | MBIN | Series C Depositary Shares | Sale | -4.16% | -$48,561 | $20.20 | -2,404 | 55,368 | 02 Feb 2026 | Direct |
| Sean A. Sievers | MBIN | Common Stock | Tax liability | -1.68% | -246 | 14,388 | 01 Feb 2026 | Direct | ||
| Martin A. Schroeter | MBIN | Common Stock | Tax liability | -3.89% | -663 | 16,381 | 01 Feb 2026 | Direct | ||
| Terry A. Oznick | MBIN | Common Stock | Tax liability | -7.88% | -2,685 | 31,374 | 01 Feb 2026 | Direct | ||
| Scott A. Evans | MBIN | Common Stock | Tax liability | -6.19% | -1,817 | 27,556 | 01 Feb 2026 | Direct | ||
| Michael J. Dunlap | MBIN | Common Stock | Tax liability | -3.53% | -7,766 | 212,196 | 01 Feb 2026 | Direct | ||
| Jerry F. Koors | MBIN | Common Stock | Tax liability | -4.53% | -2,140 | 45,106 | 01 Feb 2026 | Direct |
* marks a reported price that did not pass the local price check.