Foundation reports two MBIN share sales totaling $600k

Michael F. & Jody J. Petrie Foundation reported sales of common shares of MBIN via Charles Schwab & Co. on 02/03/2026 and 02/20/2026.

Rhea-AI Filing Summary

Michael F. & Jody J. Petrie Foundation reported sales of common shares of MBIN via Charles Schwab & Co. on 02/03/2026 and 02/20/2026. The filing lists 7,143 shares with proceeds of $300,004.60 and 6,638 shares with proceeds of $300,036.30, and identifies prior gifts dated 03/16/2021 and 11/06/2021.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What sales does the MBIN Form 144 disclose?

The filing discloses two sales by the Michael F. & Jody J. Petrie Foundation. It lists a sale of 7,143 shares for $300,004.60 on 02/03/2026 and a sale of 6,638 shares for $300,036.30 on 02/20/2026.

Who is the reported seller on the MBIN Form 144?

The seller is the Michael F. & Jody J. Petrie Foundation. The filing provides the foundation's address at 410 Monon Blvd, Carmel, IN 46032 alongside the share and proceeds details for each reported sale.

Through which broker were the MBIN shares sold?

The transactions list Charles Schwab & Co. as the broker. The filing references Charles Schwab & Co., 3000 Schwab Way, Westlake, TX, in connection with the securities disposition.

Does the Form 144 show how the foundation acquired the shares?

The filing lists prior acquisitions by gift on two dates. It records gifts dated 03/16/2021 (93,000 shares) and 11/06/2021 (113,636 shares) as the acquisition method shown in the document.

Are proceeds from the sales disclosed on the MBIN Form 144?

Yes — proceeds are shown for each reported sale. The filing states proceeds of $300,004.60 for 7,143 shares and $300,036.30 for 6,638 shares on the listed dates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/05/2026 - 04:23 PM EST Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001719796
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Merchants Bancorp
SEC File Number	001-38258
Address of Issuer	410 MONON BLVD CARMEL INDIANA 46032
Phone	3175697420
Name of Person for Whose Account the Securities are To Be Sold	Petrie Jody J.
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Member of immediate family of any of the foregoing

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co. 3000 Schwab Way Westlake TX 76262	11364	475015.20	45962065	03/05/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/06/2021	Gift	Michael Petrie		11/06/2021	113636		NA
Common	03/16/2021	Gift	Michael Petrie		03/16/2021	93000		NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael F & Jody J Petrie Foundation 410 Monon Blvd Carmel IN 46032	Common	02/03/2026	7143	300004.60
Michael F & Jody J Petrie Foundation 410 MONON BLVD Carmel IN 46032	Common	02/20/2026	6638	300036.30

144: Remarks and Signature

Remarks	Shares being sold out of acct: PETRIE GRANDCHILDREN TRUST
Date of Notice	03/05/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Jody J Petrie
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)