Every Form 4 that Merchants Bancorp (MBINN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow MBINN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MBINN filings page.
Merchants Bancorp (symbol: MBIN) is the issuer of record for a Form 4 filing submitted to the SEC.
Merchants Bancorp (symbol: MBIN) is the issuer of record for a Form 4 filing submitted to the SEC.
Merchants Bancorp (symbol: MBIN) is the issuer of record for a Form 4 filing submitted to the SEC.
Merchants Bancorp (MBIN) director Andrew Juster received an equity grant of 328 shares of Common Stock on 2026-08-20, reported as a grant, award, or other acquisition at a reference price of $53.50 per share. This represents the equity portion of his quarterly retainer for board service. Following this award, he directly holds 26,500 shares of Common Stock, plus reported direct holdings of 20,000 Series C Depositary Shares and 12,000 Series D Depositary Shares.
Merchants Bancorp (symbol: MBIN) is the issuer of record for a Form 4 filing submitted to the SEC.
Merchants Bancorp (symbol: MBIN) is the issuer of record for a Form 4 filing submitted to the SEC.
Merchants Bancorp (symbol: MBIN) is the issuer of record for a Form 4 filing submitted to the SEC.
Merchants Bancorp executive Michael R. Dury, CEO of Merchants Capital, reported a bona fide gift of 3,700 common shares on August 5, 2026, with no sale proceeds.
After the gift, he directly holds 120,702 common shares, including 6,607 unvested restricted stock units that vest in 2027 and 2028, plus additional indirect and depositary share holdings.
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.
Merchants Bancorp Chairman and CEO Michael F. Petrie reported an indirect sale of 9,000 shares of Common Stock on 2026-07-30 at a weighted average price of $55.20 per share, from a grandchildren trust for which his spouse serves as trustee, with sale prices ranging from $55.20 to $55.23. Following the transaction, that trust held 727,013 shares. Petrie also reports 1,848,994 Common shares held directly, including 48,961 unvested restricted stock units vesting between 2027 and 2029, various additional indirect trust holdings, and 2,958 Series C Depositary Shares held directly.
Merchants Bancorp CEO of Merchants Capital, Michael R. Dury, reported a bona fide gift of 10,700 shares of Common Stock. The gift was made at no cash consideration and is classified as a disposition by gift. After this transfer, he directly holds 124,402 shares of Common Stock.
He also indirectly holds 18,200 Common shares as trustee of the Michael R. Dury GRAT - 2023, plus 4,000 Series D Depositary Shares and 26,000 Series C Depositary Shares. Direct holdings include 6,607 unvested restricted stock units that vest in tranches on 2/1/2027 and 2/1/2028.
O'Brien Patrick D. reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Patrick D. O'Brien reported a stock award and updated his preferred share holdings. He received 381 shares of common stock at $46.03 per share as the equity portion of his quarterly director retainer, bringing his direct common stock holdings to 119,721 shares.
The filing also lists direct and indirect holdings of Series C, D, and E Depositary Shares, including positions held through O'Brien Motors, Inc., without reporting new open‑market purchases or sales.
JUSTER ANDREW reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Andrew Juster received a grant of 381 shares of common stock as part of his quarterly board retainer. The award was valued using a price of $46.03 per share, based on the closing price immediately before the most recent scheduled quarterly board meeting.
After this compensation-related award, he holds 26,172 shares of common stock directly. The filing also shows direct holdings of 12,000 Series D Depositary Shares and 20,000 Series C Depositary Shares as of the same date.
Dinwiddie Thomas reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Thomas Dinwiddie received a grant of 381 shares of common stock on May 21, 2026. The award represents the equity portion of his quarterly retainer as a director, valued using the prior day’s closing price of $46.03 per share. Following this routine compensation grant, he holds 22,766 common shares directly.
Catchings Tamika reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Tamika Catchings received an equity grant of 381 shares of common stock, valued using a closing price of $46.03 per share as of the day before the most recent scheduled quarterly board meeting. This award represents the equity portion of her quarterly retainer for board service.
Following this grant, she directly holds 7,766 shares of Merchants Bancorp common stock, as well as 100 Series D Depositary Shares and 100 Series E Depositary Shares. The filing reflects routine, compensation-related share awards rather than open-market buying or selling.
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.
Curless Michael S reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Michael S. Curless received a stock grant of 381 shares of Common Stock, valued using a price of $46.03 per share. This award represents the equity portion of his quarterly retainer for board service. Following the grant, he directly holds 381 shares.
Merchants Bancorp Chairman and CEO Michael F. Petrie reported an updated ownership position after making a bona fide gift of 16,000 shares of common stock at $0.00 per share. Following the gift, he directly holds 1,848,994 common shares.
The filing also lists substantial indirect common stock holdings through trusts and his spouse, including separate positions such as 2,611,424 shares held in the Emily J. Petrie Irrevocable Trust – 2010 and other family trusts, plus 2,958 Series C Depositary Shares held directly. A footnote notes 48,961 unvested restricted stock units that vest in stages from February 1, 2027 through February 1, 2029, for which he does not yet have voting rights or receive dividends.
Merchants Bancorp Chief Administrative Officer Kevin T. Langford reported a bona fide gift of 650 shares of common stock. The gift carried no sale price. After the transfer, he holds 36,433 shares directly, including 10,920 unvested restricted stock units that will vest between February 1, 2027 and February 1, 2029.
Shane David N. reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Shane David N. received a grant of 377 shares of common stock on February 19, 2026 as the equity portion of his quarterly board retainer. The award value was calculated using a price of $46.45 per share, based on the prior day’s closing price.
After this grant, he directly holds 23,527 common shares. He also directly holds 2,000 Series C depositary shares, 2,000 Series D depositary shares, and 2,000 Series E depositary shares as of the same date.
Merchants Bancorp director Anne E. Sellers received an equity award of 377 shares of common stock, valued using a price of $46.45 per share. This grant represents the equity portion of her quarterly retainer for board service and brings her direct common stock holdings to 12,278 shares.
The filing also reports direct holdings of 12,000 Series C Depositary Shares and 4,000 Series D Depositary Shares, which are listed as existing positions rather than new acquisitions or sales.
O'Brien Patrick D. reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Patrick D. O'Brien received an equity award of 377 shares of common stock, valued using a price of $46.45 per share. According to the footnote, this grant represents the equity portion of his quarterly retainer for serving as a director, with the share count based on the prior day's closing price.
After this award, his directly held common stock position increased to 119,340 shares. The filing also reports his direct and indirect holdings of Series C, D, and E depositary shares as of the same date, without specifying new purchases or sales for those preferred securities.
JUSTER ANDREW reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Andrew Juster received an equity award of 377 shares of common stock as part of his quarterly retainer for board service. The award was calculated by dividing the equity portion’s dollar value by a reference price of $46.45 per share and rounding up to the next whole share.
After this grant, Juster directly holds 25,791 shares of common stock. He also directly holds 20,000 Series C Depositary Shares and 12,000 Series D Depositary Shares, which are reported as existing holdings rather than new transactions.
Gilroy Sue Anne reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Sue Anne Gilroy received an equity grant of 377 shares of common stock, valued at $46.45 per share, as part of her quarterly board retainer. This award, based on the prior day’s closing price, increases her directly held stake to 13,684 shares.
Merchants Bancorp director receives stock grant as board compensation. Director Thomas Dinwiddie acquired 377 shares of Merchants Bancorp common stock at a reference price of $46.45 per share as an equity portion of his quarterly retainer for board service. After this award, his directly held stake totals 22,385 shares. The number of shares was calculated by dividing the dollar value of the equity retainer by the stated price and rounding up to the nearest whole share.
Catchings Tamika reported acquisition or exercise transactions in this Form 4 filing.
Merchants Bancorp director Tamika Catchings received a grant of 377 shares of common stock at $46.45 per share as the equity portion of her quarterly board retainer. Following this award, she directly owns 7,385 common shares, plus direct holdings of 100 Series D and 100 Series E depositary shares.
Merchants Bancorp Chairman and CEO Michael F. Petrie reported open-market sales of the company’s Series C Depositary Shares. He sold 1,502 shares on February 18, 2026 and 100 shares on February 17, 2026 at a price of $20.20 per share, leaving 17,206 Series C Depositary Shares held directly.
The filing also updates his direct and indirect holdings of Merchants Bancorp common stock, including shares held in his name and by his spouse as trustee of several family trusts. It notes 48,961 unvested restricted stock units that will vest in tranches from 2027 through 2029, for which he has no voting rights or dividends until vesting.
Merchants Bancorp Chairman and CEO Michael F. Petrie reported an open-market sale of 4,455 Series C Depositary Shares at $20.20 per share on February 10, 2026, leaving 18,808 Series C Depositary Shares held directly.
Following this transaction, he directly holds 1,930,308 shares of Merchants Bancorp common stock, which includes 48,961 unvested restricted stock units scheduled to vest between February 2027 and February 2029. He also reports substantial indirect ownership through his spouse and several family trusts.
Merchants Bancorp officer sells common stock in open market trade. Martin A. Schroeter, President–Warehouse Lending at Merchants Bancorp, sold 5,500 shares of common stock on February 10, 2026 in an open-market transaction at a weighted average price of $46.06 per share.
The sale was executed through multiple trades at prices ranging from $45.95 to $46.24 per share. After this transaction, Schroeter directly beneficially owns 10,881 shares of Merchants Bancorp common stock.
Merchants Bancorp Chairman and CEO Michael F. Petrie, a director and more than 10% owner, reported open‑market sales of the company’s Series C Depositary Shares. He sold 7,149 shares at $20.20 on 02/06/2026 and 14,610 shares at $20.20 on 02/09/2026.
After these trades, he held 23,263 Series C Depositary Shares directly. Petrie also reported direct beneficial ownership of 1,930,308 shares of common stock and additional indirect common stock holdings through his spouse and several family trusts. The filing notes 48,961 unvested restricted stock units that will vest between 2027 and 2029, during which he does not have voting rights or receive dividends.
Merchants Bancorp Chairman and CEO Michael F. Petrie reported open-market sales of Series C Depositary Shares on three dates in February 2026. He sold 1,383 shares on February 3, 6,929 shares on February 4, and 2,034 shares on February 5, each at a price of $20.20 per share, and held 45,022 Series C shares directly afterward.
Petrie also reports substantial common stock ownership. He holds 1,930,308 common shares directly, which include 48,961 unvested restricted stock units scheduled to vest between February 2027 and February 2029. Additional common shares are held indirectly through his spouse and multiple family trusts for which his spouse serves as trustee.
Merchants Bancorp insider Martin A. Schroeter, President-Warehouse Lending, reported a tax-related share withholding tied to equity compensation. On 02/01/2026, 663 shares of common stock were withheld at $41.46 per share upon vesting of restricted stock units to cover tax obligations. After this automatic withholding, Schroeter directly beneficially owns 16,381 shares of Merchants Bancorp common stock.
Merchants Bancorp Chairman and CEO Michael F. Petrie reported two February 2026 equity transactions. On February 1, 2026, 9,685 shares of common stock were withheld at $41.46 per share to cover tax obligations from vesting restricted stock units. After this, he directly owned 1,930,308 common shares, including 48,961 unvested RSUs that vest between February 2027 and February 2029. On February 2, 2026, he sold 2,404 Series C Depositary Shares at $20.20 per share, leaving 55,368 Series C Depositary Shares directly owned. He also reports additional indirect common stock holdings through his spouse and various family trusts.
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 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.
Merchants Bancorp executive Scott A. Evans received an award of 4,011 shares of common stock on January 27, 2026, at a stated price of $0.00 per share. After this grant, he beneficially owns 29,373 shares in total, held directly.
The filing explains that these awards are unvested restricted stock units, meaning Evans does not have voting rights or receive dividends until the units vest and shares are issued. Of his total holdings, 15,174 are unvested restricted stock units scheduled to vest in stages on February 1 of 2026, 2027, 2028, and 2029.
Merchants Bancorp President, COO and director Michael J. Dunlap reported an acquisition of 20,051 shares of common stock on 01/27/2026 at a price of $0.00, increasing his directly held beneficial ownership to 219,962 shares.
The holding includes 70,795 unvested restricted stock units for which he does not have voting rights or receive dividends until vesting and share issuance. These units vest in scheduled tranches: 25,413 on 2/1/2026, 25,160 on 2/1/2027, 13,538 on 2/1/2028, and 6,684 on 2/1/2029.
Merchants Bancorp Chairman and CEO Michael F. Petrie reported an award of 20,565 shares of common stock on January 27, 2026, at a price of $0.00 per share. Following this award, he directly beneficially owns 1,939,993 common shares.
This direct holding total includes 78,768 unvested restricted stock units, which carry no voting rights or dividends until they vest and shares are issued. The restricted units are scheduled to vest in tranches on February 1, 2026, February 1, 2027, February 1, 2028, and February 1, 2029. Petrie also reports additional indirect ownership through his spouse and several family trusts, as well as 57,772 Series C Depositary Shares held directly.
Merchants Bancorp SVP and General Counsel Terry A. Oznick reported receiving 4,216 shares of Merchants Bancorp common stock on January 27, 2026 at a price of $0.00 per share, increasing his directly held common stock to 34,059 shares.
The 4,216 shares are unvested restricted stock units, and Oznick does not have voting rights or receive dividends on these units until they vest and shares are issued. His total common stock holdings include 15,379 unvested restricted stock units, scheduled to vest in tranches on February 1 of 2026, 2027, 2028, and 2029. He also directly holds 2,000 Series D Depositary Shares.
Merchants Bancorp chief financial officer Sean A. Sievers reported receiving 6,427 shares of common stock on January 27, 2026 at a stated price of $0.00 per share. Following this award, he directly beneficially owns 14,634 common shares and 3,000 Series D Depositary Shares.
The reported holdings include 8,688 unvested restricted stock units. These units carry no voting rights or dividends until they vest and shares are issued, with scheduled vesting of 753 units on February 1, 2026, 2,896 on February 1, 2027, 2,896 on February 1, 2028, and 2,143 on February 1, 2029.