Merchants Bancorp Chairman and CEO Sells Shares
Michael F. Petrie, Chairman and CEO of Merchants Bancorp, sold 13,468 Series C Depositary Shares for $258,870 on November 21 and 24, 2025. The shares were sold at $19.2 and $19.35 per share. Petrie now directly owns 84,262 Series C Depositary Shares and 1,919,428 Common Stock, and indirectly owns 10,708,173 Common Stock through trusts managed by his spouse.
| Reporter Name | Petrie Michael F. |
| Relationship | Chairman and CEO, 10% Owner |
| Type | Sell |
| Amount | $258,870 |
| SEC Filing | Form 4 |
Michael F. Petrie, Chairman and CEO of Merchants Bancorp and a 10% owner, sold a total of 13,468 Series C Depositary Shares on November 21 and November 24, 2025, for a total sale amount of $258,870. The sales were conducted at prices of $19.2 and $19.35 per share, respectively. Following these transactions, Petrie directly owns 84,262 Series C Depositary Shares and 1,919,428 Common Stock. Additionally, he indirectly owns 10,708,173 Common Stock through various trusts managed by his spouse.
SEC Filing: Merchants Bancorp [ MBIN ] - Form 4 - Nov. 24, 2025
