SEC Form 4 · accession 0001718348-26-000011
Merchants Bancorp · MBIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F. Petrie
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Jul 30, 2026
Accepted (ET)
Jul 31, 2026 · 4:16 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001629019
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 30, 2026 | S | 9,000 | $55.20 | D | 727,013 | I | Spouse is Trustee of The Petrie Grandchildren Trust |
| Common StockF2 | holding | — | — | — | 1,848,994 | D | ||
| Common Stock | holding | — | — | — | 2,111,868 | I | By Spouse | |
| Common Stock | holding | — | — | — | 1,425,000 | I | Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010 | |
| Common Stock | holding | — | — | — | 2,611,424 | I | Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010 | |
| Common Stock | holding | — | — | — | 1,425,000 | I | Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010 | |
| Common Stock | holding | — | — | — | 2,410,152 | I | Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010 | |
| Series C Depositary Shares | holding | — | — | — | 2,958 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.20 to $55.23 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Includes 48,961 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 27,591 vesting 2/1/2027; 14,515 vesting 2/1/2028; and 6,855 vesting 2/1/2029.