Michael F. Petrie - Nov 21, 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
Nov 21, 2025
Transactions value $
-$258,871
Form type
4
Date filed
11/24/2025, 09:15 PM
Previous filing
Nov 18, 2025
Next filing
Nov 28, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Petrie Michael F. Chairman and CEO, Director, 10%+ Owner 410 MONON BOULEVARD, CARMEL /s/ Terry A. Oznick, attorney-in-fact 2025-11-24 0001718348

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series C Depositary Shares Sale -$222K -11.6K -11.83% $19.20 86.2K Nov 21, 2025 Direct
transaction MBIN Series C Depositary Shares Sale -$36.8K -1.9K -2.21% $19.35 84.3K Nov 24, 2025 Direct
holding MBIN Common Stock 1.92M Nov 21, 2025 Direct F1
holding MBIN Common Stock 2.11M Nov 21, 2025 By Spouse
holding MBIN Common Stock 1.43M Nov 21, 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.61M Nov 21, 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1.43M Nov 21, 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.41M Nov 21, 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 725K Nov 21, 2025 Spouse is Trustee of The Petrie Grandchildren Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.