Kevin T. Langford - 28 Jan 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Chief Administrative Officer
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
28 Jan 2025
Net transactions value
$0
Form type
4
Filing time
29 Jan 2025, 16:34:12 UTC
Previous filing
04 Dec 2024
Next filing
04 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +5,080 +16% $0.000000 37,830 28 Jan 2025 Direct F1, F2
* 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: 1,694 vesting 2/1/2026; 1,693 vesting 2/1/2027, and 1,693 vesting 2/1/2028.
F2 Includes 20,104 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 7,478 vesting 2/1/2025; 6,334 vesting 2/1/2026; 4,599 vesting 2/1/2027, and 1,693 vesting 2/1/2028.