[Form 4] Merchants Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series B Fixed-to-Floating Rate Insider Trading Activity
Merchants Bancorp (MBIN) director Sue Anne Gilroy was awarded 540 shares of common stock on 08/21/2025 as the equity portion of her quarterly director retainer. The award price used to calculate the shares was the closing price on the trading day before the most recent scheduled quarterly board meeting, shown as $32.42 per share. After the award, Ms. Gilroy beneficially owns 12,745 shares. The Form 4 was signed via attorney-in-fact Terry A. Oznick on 08/25/2025. The filing discloses a routine compensation-related share issuance to a director.
Merchants Bancorp (MBIN), la consigliera Sue Anne Gilroy ha ricevuto in data 21/08/2025 un premio di 540 azioni ordinarie come componente azionaria del compenso trimestrale per i direttori. Il numero di azioni è stato calcolato usando il prezzo di chiusura del giorno di contrattazione precedente la riunione trimestrale del consiglio programmata, indicato come $32.42 per azione. Dopo l’assegnazione, la sig.ra Gilroy detiene beneficiariamente 12.745 azioni. Il Modulo 4 è stato firmato per procura dall’avvocato Terry A. Oznick in data 25/08/2025. La segnalazione indica un’emissione di azioni ordinaria correlata alla remunerazione di un membro del consiglio.
Merchants Bancorp (MBIN) directora Sue Anne Gilroy recibió el 21/08/2025 una adjudicación de 540 acciones ordinarias como la parte en acciones de su retención trimestral por director. El cálculo de las acciones utilizó el precio de cierre del día hábil anterior a la reunión trimestral programada del consejo, indicado en $32.42 por acción. Tras la adjudicación, la Sra. Gilroy posee de forma beneficiaria 12.745 acciones. El Formulario 4 fue firmado por apoderado, Terry A. Oznick, el 25/08/2025. La presentación revela una emisión de acciones rutinaria relacionada con la compensación de un director.
Merchants Bancorp (MBIN) 이사 수 앤 길로이(Sue Anne Gilroy)는 분기별 이사 보수의 주식 부분으로 2025-08-21에 540주의 보통주를 부여받았습니다. 주식 수는 최근 예정된 분기 이사회 회의 전 거래일의 종가인 주당 $32.42를 기준으로 산정되었습니다. 수여 후 길로이 씨는 실질적으로 12,745주를 보유하게 됩니다. Form 4는 위임인 테리 A. 오즈닉(Terry A. Oznick)에 의해 2025-08-25에 서명되었습니다. 해당 신고서는 이사에 대한 보상 관련 통상적 주식 발행을 공개합니다.
Merchants Bancorp (MBIN) administratrice Sue Anne Gilroy s’est vu attribuer le 21/08/2025 540 actions ordinaires au titre de la composante actions de son jeton trimestriel de conseil d’administration. Le nombre d’actions a été calculé sur la base du cours de clôture du jour de bourse précédant la réunion trimestrielle du conseil programmée, indiqué à 32,42 $ par action. Après l’attribution, Mme Gilroy détient à titre bénéficiaire 12 745 actions. Le formulaire 4 a été signé par procuration par Terry A. Oznick le 25/08/2025. Le dépôt révèle une émission d’actions liée à la rémunération d’un administrateur, de nature routinière.
Merchants Bancorp (MBIN)-Direktorin Sue Anne Gilroy erhielt am 21.08.2025 eine Zuweisung von 540 Aktien als Aktienanteil ihrer quartalsweisen Direktorenvergütung. Die Aktienanzahl wurde anhand des Schlusskurses des Handelstages vor der zuletzt angesetzten quartalsmäßigen Vorstandssitzung berechnet, der mit $32,42 je Aktie angegeben ist. Nach der Zuweisung besitzt Frau Gilroy wirtschaftlich 12.745 Aktien. Das Formular 4 wurde am 25.08.2025 über den Bevollmächtigten Terry A. Oznick unterzeichnet. Die Meldung gibt eine routinemäßige aktienbasierte Vergütungszuteilung an einen Direktor bekannt.
- 540 shares awarded to director Sue Anne Gilroy on 08/21/2025 as equity portion of quarterly retainer
- Post-transaction beneficial ownership clearly reported as 12,745 shares
- Award calculation method disclosed: dollar value divided by prior-day closing price and rounded up
- None.
Insights
TL;DR: Director received 540 shares as routine equity retainer; impact on outstanding shares appears immaterial from this filing alone.
The filing documents a standard non-derivative issuance of 540 common shares to a board director, priced at $32.42 per share and granted as the equity portion of the quarterly retainer. The report shows the director's post-transaction beneficial ownership at 12,745 shares. There is no disclosure of cash component, total dollar value of the retainer beyond the per-share price, or changes to executive roles. This appears to be a routine disclosure under Section 16 without additional corporate governance changes or material transactions.
TL;DR: This Form 4 reflects routine director compensation via equity; disclosure and signature by attorney-in-fact are properly documented.
The report identifies the reporting person as a director and indicates the award method: dividing the dollar value of the equity retainer by the prior-day closing price and rounding up. The Form 4 includes the reporting relationship, transaction code indicating acquisition, and an explanatory footnote describing the award mechanics. Execution by an attorney-in-fact is noted with signature and date. The filing contains no indications of unusual governance actions or related-party transactions beyond the standard retainer award.
Merchants Bancorp (MBIN), la consigliera Sue Anne Gilroy ha ricevuto in data 21/08/2025 un premio di 540 azioni ordinarie come componente azionaria del compenso trimestrale per i direttori. Il numero di azioni è stato calcolato usando il prezzo di chiusura del giorno di contrattazione precedente la riunione trimestrale del consiglio programmata, indicato come $32.42 per azione. Dopo l’assegnazione, la sig.ra Gilroy detiene beneficiariamente 12.745 azioni. Il Modulo 4 è stato firmato per procura dall’avvocato Terry A. Oznick in data 25/08/2025. La segnalazione indica un’emissione di azioni ordinaria correlata alla remunerazione di un membro del consiglio.
Merchants Bancorp (MBIN) directora Sue Anne Gilroy recibió el 21/08/2025 una adjudicación de 540 acciones ordinarias como la parte en acciones de su retención trimestral por director. El cálculo de las acciones utilizó el precio de cierre del día hábil anterior a la reunión trimestral programada del consejo, indicado en $32.42 por acción. Tras la adjudicación, la Sra. Gilroy posee de forma beneficiaria 12.745 acciones. El Formulario 4 fue firmado por apoderado, Terry A. Oznick, el 25/08/2025. La presentación revela una emisión de acciones rutinaria relacionada con la compensación de un director.
Merchants Bancorp (MBIN) 이사 수 앤 길로이(Sue Anne Gilroy)는 분기별 이사 보수의 주식 부분으로 2025-08-21에 540주의 보통주를 부여받았습니다. 주식 수는 최근 예정된 분기 이사회 회의 전 거래일의 종가인 주당 $32.42를 기준으로 산정되었습니다. 수여 후 길로이 씨는 실질적으로 12,745주를 보유하게 됩니다. Form 4는 위임인 테리 A. 오즈닉(Terry A. Oznick)에 의해 2025-08-25에 서명되었습니다. 해당 신고서는 이사에 대한 보상 관련 통상적 주식 발행을 공개합니다.
Merchants Bancorp (MBIN) administratrice Sue Anne Gilroy s’est vu attribuer le 21/08/2025 540 actions ordinaires au titre de la composante actions de son jeton trimestriel de conseil d’administration. Le nombre d’actions a été calculé sur la base du cours de clôture du jour de bourse précédant la réunion trimestrielle du conseil programmée, indiqué à 32,42 $ par action. Après l’attribution, Mme Gilroy détient à titre bénéficiaire 12 745 actions. Le formulaire 4 a été signé par procuration par Terry A. Oznick le 25/08/2025. Le dépôt révèle une émission d’actions liée à la rémunération d’un administrateur, de nature routinière.
Merchants Bancorp (MBIN)-Direktorin Sue Anne Gilroy erhielt am 21.08.2025 eine Zuweisung von 540 Aktien als Aktienanteil ihrer quartalsweisen Direktorenvergütung. Die Aktienanzahl wurde anhand des Schlusskurses des Handelstages vor der zuletzt angesetzten quartalsmäßigen Vorstandssitzung berechnet, der mit $32,42 je Aktie angegeben ist. Nach der Zuweisung besitzt Frau Gilroy wirtschaftlich 12.745 Aktien. Das Formular 4 wurde am 25.08.2025 über den Bevollmächtigten Terry A. Oznick unterzeichnet. Die Meldung gibt eine routinemäßige aktienbasierte Vergütungszuteilung an einen Direktor bekannt.
FAQ
What transaction did Sue Anne Gilroy report on MBIN's Form 4?
At what price were the shares valued for the award?
How many shares does Sue Anne Gilroy own after this transaction?
Why were the shares granted to the director?
Who signed the Form 4 and when was it signed?
