Merchants Bancorp (MBIN) director-linked trust sells 9,000 shares at $55
Rhea-AI Filing Summary
Merchants Bancorp director Julia L. Kaercher reported that The Petrie Grandchildren Trust, for which she serves as trustee, sold 9,000 shares of Common Stock on July 30, 2026 at a weighted average price of $55.20 per share, with prices between $55.20 and $55.23. Following the sale, the trust holds 727,103 shares. Additional indirect holdings reported include 77,130 shares as trustee of Old Trail Investments Trust and 14,033 shares held by her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,000 shares
Net Sell
3 txns
Insider
Kaercher Julia L.
Role
Director
Sold
9,000 shs ($497K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 9,000 | $55.20 | $497K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 727,103 shares (Indirect, As Trustee of The Petrie Grandchildren Trust);
Common Stock — 77,130 shares (Indirect, As Trustee of Old Trail Investments Trust);
Common Stock — 14,033 shares (Indirect, By Spouse)
Footnotes (1)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.20 to $55.23 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 9,000 shares
Weighted average sale price: $55.20 per share
Price range: $55.20–$55.23 per share
+3 more
6 metrics
Shares sold
9,000 shares
Common Stock sold on 2026-07-30 by The Petrie Grandchildren Trust
Weighted average sale price
$55.20 per share
Weighted average price; individual trades between $55.20 and $55.23
Price range
$55.20–$55.23 per share
Range of prices for the 9,000 shares sold
Trust holdings after sale
727,103 shares
Common Stock held indirectly by The Petrie Grandchildren Trust after the sale
Old Trail Investments Trust holdings
77,130 shares
Indirect holdings as trustee of Old Trail Investments Trust
Spousal holdings
14,033 shares
Indirect holdings reported as owned by spouse
Key Terms
weighted average price, indirect ownership, trustee
3 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"total_shares_following_transaction marked as indirect with ownership code I."
trustee financial
"Nature of ownership listed as As Trustee of The Petrie Grandchildren Trust."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did Merchants Bancorp (MBIN) disclose for July 30, 2026?
Merchants Bancorp disclosed that The Petrie Grandchildren Trust, linked to director Julia L. Kaercher, sold 9,000 Common Stock shares on July 30, 2026. After this sale, the trust’s reported indirect holdings in Merchants Bancorp total 727,103 shares of Common Stock.
What other indirect Merchants Bancorp (MBIN) holdings are reported for Julia L. Kaercher?
In addition to The Petrie Grandchildren Trust, disclosures list 77,130 shares indirectly owned as trustee of Old Trail Investments Trust and 14,033 shares indirectly owned by her spouse. These entries are reported as separate indirect ownership positions in Merchants Bancorp stock.
Was the Merchants Bancorp (MBIN) insider sale reported under a Rule 10b5-1 trading plan?
The disclosure’s Rule 10b5-1 checkbox is not marked, indicating the filer did not designate this sale as made pursuant to a Rule 10b5-1 trading plan. No additional footnote language describes any separate pre-arranged trading agreement for this transaction.