Michael F. Petrie - Feb 1, 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Feb 1, 2025
Transactions value $
-$507,647
Form type
4
Date filed
2/4/2025, 05:44 PM
Previous filing
Jan 29, 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 Tax liability -$508K -12.1K -0.6% $41.93 2M Feb 1, 2025 Direct F1, F2
transaction MBIN Common Stock Gift $0 -72.5K -2.92% $0.00 2.41M Feb 3, 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
transaction MBIN Common Stock Gift $0 -12K -0.6% $0.00 1.99M Feb 4, 2025 Direct F2
holding MBIN Common Stock 2.11M Feb 1, 2025 By Spouse
holding MBIN Common Stock 1.43M Feb 1, 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 1.43M Feb 1, 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.61M Feb 1, 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 675K Feb 1, 2025 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 100K Feb 1, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 Includes 58,203 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 29,807 vesting 2/1/2026; 20,736 vesting 2/1/2027, and 7,660 vesting 2/1/2028.