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Michael F. & Jody J. Petrie Foundation (MBIN) reports two share sales totaling $600k

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

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.
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