Merchants Bancorp director granted 381 common shares
Sellers Anne E. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sellers Anne E. reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Anne E. Sellers received a grant of 381 shares of common stock as part of her quarterly retainer. The shares were valued using a price of $46.03 per share, equal to the closing price immediately before the most recent scheduled quarterly board meeting.
After this equity award, she directly holds 12,659 shares of Merchants Bancorp common stock, along with 4,000 Series D Depositary Shares and 12,000 Series C Depositary Shares. This is a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 381 shares
Grant/Award
3 txns
Insider
Sellers Anne E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 381 | $46.03 | $18K |
| holding | Series C Depositary Shares | -- | -- | -- |
| holding | Series D Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,659 shares (Direct);
Series C Depositary Shares — 12,000 shares (Direct);
Series D Depositary Shares — 4,000 shares (Direct)
Footnotes (1)
- F1. This award represents the equity portion of the Reporting Person's quarterly retainer for service as a director of the Issuer. The number of shares awarded was determined by dividing the dollar value of the equity portion by the price shown, which was the closing price of one share of the Issuer's common stock on the day immediately prior to the most recent scheduled quarterly board meeting, and rounding up to the next whole share.
Key Figures
Equity grant: 381 shares
Grant valuation price: $46.03/share
Common shares held: 12,659 shares
+2 more
5 metrics
Equity grant
381 shares
Common stock awarded as quarterly director retainer
Grant valuation price
$46.03/share
Closing price of common stock used to determine award size
Common shares held
12,659 shares
Total Merchants Bancorp common stock held after grant
Series D Depositary Shares
4,000 shares
Direct holdings following reported transactions
Series C Depositary Shares
12,000 shares
Direct holdings following reported transactions
Key Terms
equity portion, quarterly retainer, closing price, Depositary Shares
4 terms
equity portion financial
"This award represents the equity portion of the Reporting Person's quarterly retainer"
quarterly retainer financial
"equity portion of the Reporting Person's quarterly retainer for service as a director"
closing price financial
"price shown, which was the closing price of one share of the Issuer's common stock"
FAQ
What insider transaction did Merchants Bancorp (MBIN) report for Anne E. Sellers?
Merchants Bancorp reported that director Anne E. Sellers received a grant of 381 common shares as part of her quarterly retainer. The award reflects equity-based compensation, not an open-market purchase or sale of MBIN shares.
At what price was Anne E. Sellers’ Merchants Bancorp (MBIN) stock grant valued?
The 381-share grant to Anne E. Sellers was valued at $46.03 per share, using the closing price of Merchants Bancorp common stock on the day immediately prior to the most recent scheduled quarterly board meeting.
What preferred securities of Merchants Bancorp (MBIN) does Anne E. Sellers own?
Anne E. Sellers directly holds 4,000 Series D Depositary Shares and 12,000 Series C Depositary Shares of Merchants Bancorp. These holdings are in addition to her common stock position disclosed in the same insider ownership report.
Is Anne E. Sellers’ Merchants Bancorp (MBIN) stock grant an open-market purchase?
No, the 381-share grant to Anne E. Sellers is part of her quarterly director retainer and represents equity compensation. The filing describes it as an award, not as an open-market purchase or a discretionary trade in MBIN shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
