---
title: "Merchants Bancorp Chairman and CEO Sells Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/267269527.md"
description: "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."
datetime: "2025-11-25T02:20:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/267269527.md)
  - [en](https://longbridge.com/en/news/267269527.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/267269527.md)
---

# Merchants Bancorp Chairman and CEO Sells Shares

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

### Related Stocks

- [MBINO.US](https://longbridge.com/en/quote/MBINO.US.md)

## Related News & Research

- [EXPLAINER-The $400 million ASML 'printers' key for the AI chip boom](https://longbridge.com/en/news/294096459.md)
- [LIVE MARKETS-AI's not that fun and easy. Just look at the SOX](https://longbridge.com/en/news/294098193.md)
- [Amkor Tech's Revenue Outlook Disappoints Investors, Stock Tanks](https://longbridge.com/en/news/294076434.md)
- [Will Micron Stock (MU) Recover from Today's Fall?](https://longbridge.com/en/news/294094763.md)
- [SpaceX stock-purchasing by Congress members fuels conflict concerns](https://longbridge.com/en/news/294051253.md)