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

Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Jan 28, 2025
Transactions value $
$0
Form type
4
Date filed
1/29/2025, 04:34 PM
Previous filing
Dec 4, 2024
Next filing
Feb 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +5.08K +15.51% $0.00 37.8K Jan 28, 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.