Martin A. Schroeter - 01 Feb 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
01 Feb 2025
Transactions value $
-$74,006
Form type
4
Filing time
04 Feb 2025, 17:45:11 UTC
Previous filing
20 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability -$74,006 -1,765 -9.4% $41.93 17,044 01 Feb 2025 Direct F1, F2
* 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 1,601 unvested restricted stock units vesting on 2/1/2026 for which the reporting person does not have voting rights or receive dividends until vested and shares are issued.