Welcome to our dedicated page for Merchants Bancorp SEC filings (Ticker: MBIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Merchants Bancorp filings document the regulatory disclosures of an Indiana bank holding company with common stock and preferred depositary shares listed on Nasdaq. Form 8-K reports furnish quarterly and annual financial results, dividend declarations, and other material events tied to Merchants Bank of Indiana, multi-family and mortgage warehouse lending, credit quality, provisions, charge-offs, allowances, and capital actions.
Proxy materials describe annual shareholder voting matters, including director elections, advisory executive compensation votes, and auditor ratification. The filing record also identifies the company’s registered securities, including MBIN common stock and depositary shares representing Series C, Series D, and Series E preferred stock.
Merchants Bancorp senior vice president and general counsel Terry A. Oznick reported an automatic share withholding tied to equity compensation. On February 1, 2026, 2,685 shares of common stock were withheld at $41.46 per share to cover tax obligations when restricted stock units vested.
After this transaction, Oznick directly beneficially owned 31,374 shares of common stock, which include 9,743 unvested restricted stock units. These unvested units do not provide voting rights or dividends until they vest: 5,440 on 2/1/2027, 2,897 on 2/1/2028, and 1,406 on 2/1/2029. Oznick also directly holds 2,000 Series D Depositary Shares.
Merchants Bancorp executive Kevin T. Langford reported a routine tax‑related share withholding tied to equity compensation. On 02/01/2026, 2,483 shares of Merchants Bancorp common stock were withheld at $41.46 per share to cover taxes upon vesting of restricted stock units.
After this transaction, Langford beneficially owned 37,083 common shares, which the note states includes 10,920 unvested restricted stock units. These unvested units do not carry voting rights or dividends until they vest on 02/01/2027, 02/01/2028, and 02/01/2029.
Merchants Bancorp executive Jerry F. Koors, Merchants Mortgage President, had 2,140 shares of common stock withheld on February 1, 2026 at $41.46 per share to cover tax obligations arising from vesting restricted stock units.
After this non-open-market tax withholding, Koors directly holds 45,106 shares of common stock, which include 11,845 unvested restricted stock units scheduled to vest on February 1 of 2027, 2028, and 2029. He also holds 18,007 common shares indirectly through an IRA and 400 Series C Depositary Shares directly.
Merchants Bancorp executive Scott A. Evans reported a routine tax-related share withholding. On 02/01/2026, 1,817 shares of Merchants Bancorp common stock were withheld at $41.46 per share to cover tax obligations upon the vesting of restricted stock units. After this transaction, Evans beneficially owned 27,556 shares directly. This amount includes 9,538 unvested restricted stock units that do not carry voting rights or dividends until they vest between 02/01/2027 and 02/01/2029.
Merchants Bancorp CEO Michael R. Dury reported a routine share withholding tied to equity compensation. On 02/01/2026, 2,972 shares of common stock were withheld at $41.46 per share to cover tax obligations upon vesting of restricted stock units. Following this, he directly owned 135,102 common shares, which include 6,607 unvested restricted stock units scheduled to vest on 02/01/2027 and 02/01/2028. He also indirectly held 18,200 common shares as trustee of the Michael R. Dury GRAT – 2023, plus 26,000 Series C and 4,000 Series D depositary shares.
Merchants Bancorp president and COO Michael J. Dunlap reported an automatic share withholding related to equity compensation. On February 1, 2026, 7,766 shares of common stock were withheld at $41.46 per share to cover taxes due on vesting restricted stock units.
After this tax withholding, Dunlap directly owns 212,196 common shares. This total includes 45,382 unvested restricted stock units, with scheduled vesting of 25,160 units on February 1, 2027, 13,538 units on February 1, 2028, and 6,684 units on February 1, 2029.
Merchants Bancorp chief financial officer Sean A. Sievers reported a routine tax-related share withholding. On 02/01/2026, 246 shares of common stock were withheld at $41.46 per share upon vesting of restricted stock units to cover tax obligations.
After this transaction, Sievers directly owns 14,388 shares of common stock and 3,000 Series D Depositary Shares. His holdings also include 7,935 unvested restricted stock units, scheduled to vest as 2,896 units on 02/01/2027, 2,896 units on 02/01/2028, and 2,143 units on 02/01/2029.
Merchants Bancorp has a shareholder planning to sell both preferred and common shares under Rule 144. The notice covers 57,772 preferred shares with an aggregate market value of $1,163,239.00 and 10,000 common shares with an aggregate market value of $428,000.00, all through Charles Schwab & Co. on Nasdaq around 02/02/2026.
The preferred shares being sold were originally acquired by open market purchase on 05/06/2021 for cash, while the common shares were received as a gift on 12/07/2018 from Michael & Jody Petrie. The filing also notes a prior sale of 1,380 preferred shares on 12/12/2025 for gross proceeds of $26,220.00. The seller represents that they are not aware of undisclosed material adverse information about Merchants Bancorp.
Merchants Bancorp insider equity award: Chief Administrative Officer Kevin T. Langford acquired 4,628 shares of Merchants Bancorp common stock on 01/27/2026 at $0.00 per share. Following this award, he beneficially owns 39,566 shares of common stock in direct ownership.
This total includes 17,254 unvested restricted stock units that do not carry voting rights or dividends until vesting and share issuance. These unvested units are scheduled to vest in tranches of 6,334 on 2/1/2026, 6,141 on 2/1/2027, 3,236 on 2/1/2028, and 1,543 on 2/1/2029.
Merchants Bancorp officer Jerry F. Koors reported acquiring 5,553 shares of common stock on January 27, 2026 at a reported price of $0.00 per share, in the form of unvested restricted stock units for which he does not have voting rights or receive dividends until vesting and shares are issued.
After this transaction, Koors directly beneficially owned 47,246 common shares, which include 18,046 unvested restricted stock units scheduled to vest in tranches of 6,201 on February 1, 2026, 6,450 on February 1, 2027, 3,544 on February 1, 2028, and 1,851 on February 1, 2029. He also indirectly owned 18,007 common shares through an IRA and directly held 400 Series C Depositary Shares.