Merchants Bancorp — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Petrie Michael F. | Chairman and CEO | Sale | 1,380 | $19.00 | $26,220 | 57,772 | Dec 11, 2025 |
| Petrie Michael F. | Chairman and CEO | Sale | 1,129 | $19.03 | $21,485 | 72,029 | Dec 8, 2025 |
| Petrie Michael F. | Chairman and CEO | Sale | 3,109 | $19.14 | $59,506 | 76,317 | Dec 5, 2025 |
| Petrie Michael F. | Chairman and CEO | Sale | 500 | $19.50 | $9,750 | 79,426 | Dec 1, 2025 |
| Petrie Michael F. | Chairman and CEO | Sale | 81 | $19.42 | $1,573 | 82,085 | Nov 25, 2025 |
| Petrie Michael F. | Chairman and CEO | Sale | 11,566 | $19.20 | $222,067 | 86,164 | Nov 24, 2025 |
| Shane David N. | — | Award / Grant | 562 | $31.17 | $17,518 | 23,150 | Nov 19, 2025 |
| Sellers Anne E. | — | Award / Grant | 562 | $31.17 | $17,518 | 11,901 | Nov 19, 2025 |
| O'Brien Patrick D. | — | Award / Grant | 562 | $31.17 | $17,518 | 118,963 | Nov 19, 2025 |
| Gilroy Sue Anne | — | Award / Grant | 562 | $31.17 | $17,518 | 13,307 | Nov 19, 2025 |
| JUSTER ANDREW | — | Award / Grant | 562 | $31.17 | $17,518 | 25,414 | Nov 19, 2025 |
| Dinwiddie Thomas | — | Award / Grant | 562 | $31.17 | $17,518 | 22,008 | Nov 19, 2025 |
| Catchings Tamika | — | Award / Grant | 562 | $31.17 | $17,518 | 7,008 | Nov 19, 2025 |
| Petrie Michael F. | Chairman and CEO | Sale | 101 | $19.83 | $2,003 | 98,799 | Nov 18, 2025 |
| Petrie Michael F. | Chairman and CEO | Sale | 100 | $20.05 | $2,005 | 99,900 | Nov 13, 2025 |
| Dury Michael R. | CEO of Merchants Capital | Purchase | 15,500 | $31.64 | $490,420 | 138,074 | Oct 30, 2025 |
| Sievers Sean A. | CHIEF FINANCIAL OFFICER | Purchase | 3,000 | $24.87 | $74,610 | 3,000 | Sep 15, 2025 |
| Thomas Darin L. | Chief Accounting Officer | Purchase | 1,103 | $22.60 | $24,928 | 1,103 | Aug 22, 2025 |
| Shane David N. | — | Award / Grant | 540 | $32.42 | $17,507 | 22,588 | Aug 21, 2025 |
| Sellers Anne E. | — | Award / Grant | 540 | $32.42 | $17,507 | 11,339 | Aug 21, 2025 |
| O'Brien Patrick D. | — | Award / Grant | 540 | $32.42 | $17,507 | 118,401 | Aug 21, 2025 |
| Gilroy Sue Anne | — | Award / Grant | 540 | $32.42 | $17,507 | 12,745 | Aug 21, 2025 |
| Catchings Tamika | — | Award / Grant | 540 | $32.42 | $17,507 | 6,446 | Aug 21, 2025 |
| JUSTER ANDREW | — | Award / Grant | 540 | $32.42 | $17,507 | 24,852 | Aug 21, 2025 |
| Dinwiddie Thomas | — | Award / Grant | 540 | $32.42 | $17,507 | 21,446 | Aug 21, 2025 |
| Sievers Sean A. | Chief Financial Officer | Purchase | 2,500 | $29.75 | $74,375 | 8,207 | Aug 1, 2025 |
| Petrie Michael F. | Chairman and CEO | Gift | 20,000 | — | — | 1,919,428 | Aug 1, 2025 |
| Dury Michael R. | CEO of Merchants Capital | Purchase | 4,235 | $31.86 | $134,927 | 122,574 | Jul 30, 2025 |
| Sellers Anne E. | — | Award / Grant | 536 | $32.71 | $17,533 | 10,799 | May 15, 2025 |
| Catchings Tamika | — | Award / Grant | 536 | $32.71 | $17,533 | 5,906 | May 15, 2025 |
| Shane David N. | — | Award / Grant | 536 | $32.71 | $17,533 | 22,048 | May 15, 2025 |
| O'Brien Patrick D. | — | Award / Grant | 536 | $32.71 | $17,533 | 117,861 | May 15, 2025 |
| JUSTER ANDREW | — | Award / Grant | 536 | $32.71 | $17,533 | 24,312 | May 15, 2025 |
| Gilroy Sue Anne | — | Award / Grant | 536 | $32.71 | $17,533 | 12,205 | May 15, 2025 |
| Dinwiddie Thomas | — | Award / Grant | 536 | $32.71 | $17,533 | 20,906 | May 15, 2025 |
| Dury Michael R. | CEO of Merchants Capital | Purchase | 3,305 | $30.86 | $101,992 | 106,574 | May 1, 2025 |
| Dury Michael R. | CEO of Merchants Capital | Purchase | 1,920 | $29.89 | $57,389 | 99,989 | Apr 30, 2025 |
| Dunlap Michael J. | President, COO | Purchase | 3,429 | $30.56 | $104,790 | 199,340 | Apr 29, 2025 |
| Sellers Anne E. | — | Award / Grant | 409 | $42.82 | $17,513 | 10,263 | Feb 20, 2025 |
| O'Brien Patrick D. | — | Award / Grant | 409 | $42.82 | $17,513 | 117,325 | Feb 20, 2025 |
| Shane David N. | — | Award / Grant | 409 | $42.82 | $17,513 | 21,512 | Feb 20, 2025 |
| Dinwiddie Thomas | — | Award / Grant | 409 | $42.82 | $17,513 | 20,370 | Feb 20, 2025 |
| Catchings Tamika | — | Award / Grant | 409 | $42.82 | $17,513 | 5,370 | Feb 20, 2025 |
| Gilroy Sue Anne | — | Award / Grant | 409 | $42.82 | $17,513 | 11,669 | Feb 20, 2025 |
| JUSTER ANDREW | — | Award / Grant | 409 | $42.82 | $17,513 | 23,776 | Feb 20, 2025 |
| Petrie Michael F. | Chairman and CEO | Gift | 11,991 | — | — | 1,989,428 | Feb 3, 2025 |
| Dury Michael R. | CEO of Merchants Capital | Tax Withholding | 3,758 | $41.93 | $157,573 | 98,069 | Feb 1, 2025 |
| Evans Scott A. | Lynn Market President | Tax Withholding | 2,244 | $41.93 | $94,091 | 25,362 | Feb 1, 2025 |
| Langford Kevin T | Chief Administrative Officer | Tax Withholding | 2,892 | $41.93 | $121,262 | 34,938 | Feb 1, 2025 |
| Koors Jerry F. | Merchants Mortgage President | Tax Withholding | 2,881 | $41.93 | $120,800 | 41,693 | Feb 1, 2025 |