Merchants Bancorp

Ownership Transactions Reported by 20 Insiders

	Insiders	Shares	%	Avg Price	Total $
Buys	4	+52.9K	50.5%	$30.75	+$1.63M
Sells	2	-51.8K	49.5%	$30.77	-$1.6M
Net	+2	+1.02K	1%		+$30K

Name	Relationship	Holdings Value	Past Year Net Change	Change %	Report Date
Michael F. Petrie	Chairman and CEO, Director, 10%+ Owner	$402M	-$518K	-0.13%	Dec 4, 2025
Randall D. Rogers	Vice Chairman, Director	$130M			Aug 23, 2024
Patrick D. O'Brien	Director	$8.24M			Nov 19, 2025
Michael J. Dunlap	President, COO, Director	$6.16M	+$122K	+2.03%	Apr 29, 2025
Michael R. Dury	CEO of Merchants Capital	$5.52M	+$1.25M	+29.4%	Oct 30, 2025
Jerry F. Koors	Merchants Mortgage President	$2.51M			Feb 1, 2025
John F. Macke	Chief Financial Officer	$2.46M			Feb 1, 2024
Susan Dehner Kucer	Indianpolis Market President	$2.13M			Apr 1, 2024
Kevin T. Langford	Chief Administrative Officer	$1.46M			Feb 1, 2025
Andrew Juster	Director	$1.46M			Nov 19, 2025
Terry A. Oznick	SVP, General Counsel	$1.3M			Feb 1, 2025
Scott A. Evans	Lynn Market President, Director	$1.06M	-$1.08M	-50.3%	Feb 1, 2025
David N. Shane	Director	$858K			Nov 19, 2025
Martin A. Schroeter	President-Warehouse Lending	$715K			Feb 1, 2025
Anne E. Sellers	Director	$690K			Nov 19, 2025
Thomas Dinwiddie	Director	$686K			Nov 19, 2025
Sue Anne Gilroy	Director	$415K			Nov 19, 2025
Sean A. Sievers	Chief Financial Officer	$340K	+$149K	+78.1%	Sep 15, 2025
Tamika Catchings	Director	$223K			Nov 19, 2025
Darin L. Thomas	Chief Accounting Officer	$99.6K	+$99.6K		Aug 22, 2025

Insider	Symbol	Class	Transaction	%	Value $	* Price $	Shares	Shares Owned	Date	Ownership

* An asterisk sign (*) next to the price indicates that the price is likely invalid.