Nasdaq · CIK 0001629019
MBIN Merchants Bancorp
Insider trading from SEC Form 4. Last filing Aug 24, 2026. Close $48.92 on Oct 9, 2026, +62% from the 52-week low and -12% from the high.
In brief
Merchants Bancorp (MBIN) has 113 SEC Form 4 filings on file from 20 insiders, the latest filed on Aug 24, 2026. In the last 90 days insiders made 0 open-market buys worth $0 and 2 open-market sells worth $994k, net -$994k.
31 open-market trades have been scored at MBIN. The newest: Julia L. Kaercher (director) sold $497k of stock on Jul 30, 2026, filed Jul 31, 2026, scored 41 (moderate). The largest of the 31 shown: Patrick D. O'Brien (director) bought $2.0M on Nov 18, 2024, scored 63 (notable). 2 insiders sold within 14 days of each other around Jul 30, 2026.
15 Form 144 notices of planned sales are on file, the latest filed Jul 30, 2026.
Last 90 days
Net insider value
-$994k
more sold than bought
Buys
0
$0 by 0 insiders
Sells
2
$994k by 2 insiders
Insiders on file
20
with a Form 4 at this company
Price and insider trades, last year
MBINOct 9, 2026 · close 48.92
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™
Signals
Open-market buys and sells at Merchants Bancorp, scored.
| Score | Insider | Value | Holdings | Price context | Filed |
|---|---|---|---|---|---|
| 41Moderate | Julia L. Kaercher director sell | $497k 9,000 shares | -1% | +92% from low0% from high | |
| 51Moderate | Michael F. Petrie Chairman and CEO sell | $497k 9,000 shares | -1% | +92% from low0% from high | |
| 50Moderate | Michael F. Petrie Chairman and CEO sell | $1.8M 39,030 shares | -2% | +60% from low-7% from high | |
| 69Notable | Michael F. Petrie Chairman and CEO sell | $949k 29,248 shares | -170% | +49% from low-9% from high | |
| 38Weak | Michael F. Petrie Chairman and CEO sell | $32k 1,602 shares | -9% | +63% from low-1% from high | |
| 47Moderate | Michael F. Petrie Chairman and CEO sell | $90k 4,455 shares | -19% | +60% from low0% from high | |
| 51Moderate | Martin A Schroeter President-Warehouse Lending sell | $253k 5,500 shares | -34% | +60% from low0% from high | |
| 60Notable | Michael F. Petrie Chairman and CEO sell | $440k 21,759 shares | -48% | +46% from low-1% from high | |
| 50Moderate | Michael F. Petrie Chairman and CEO sell | $209k 10,346 shares | -19% | +45% from low-2% from high | |
| 40Moderate | Michael F. Petrie Chairman and CEO sell | $49k 2,404 shares | -4% | +47% from low-1% from high | |
| 43Moderate | Michael F. Petrie Chairman and CEO sell | $271k 14,257 shares | -20% | +22% from low-17% from high | |
| 25Weak | Michael F. Petrie Chairman and CEO sell | $21k 1,129 shares | -2% | +18% from low-21% from high | |
| 35Weak | Michael F. Petrie Chairman and CEO sell | $120k 6,268 shares | -8% | +19% from low-20% from high | |
| 32Weak | Michael F. Petrie Chairman and CEO sell | $52k 2,659 shares | -3% | +14% from low-23% from high | |
| 31Weak | Michael F. Petrie Chairman and CEO sell | $42k 2,177 shares | -3% | +12% from low-24% from high | |
| 43Moderate | Michael F. Petrie Chairman and CEO sell | $259k 13,468 shares | -14% | +8% from low-27% from high | |
| 25Weak | Michael F. Petrie Chairman and CEO sell | $23k 1,170 shares | -1% | +10% from low-26% from high | |
| 25Weak | Michael F. Petrie Chairman and CEO sell | $22k 1,100 shares | -1% | +9% from low-26% from high | |
| 60Notable | Michael R. Dury CEO of Merchants Capital buy | $490k 15,500 shares | +13% | +7% from low-27% from high | |
| 51Moderate | Sean A. Sievers CHIEF FINANCIAL OFFICER buy | $75k 3,000 shares | - | +11% from low-31% from high | |
| 37Weak | Darin L. Thomas Chief Accounting Officer buy | $100k 3,353 shares | - | +14% from low-29% from high | |
| 62Notable | Sean A. Sievers Chief Financial Officer buy | $74k 2,500 shares | +44% | 0% from low-38% from high | |
| 77Notable | Michael R. Dury CEO of Merchants Capital buy | $505k 16,000 shares | +15% | +4% from low-34% from high | |
| 66Notable | Michael R. Dury CEO of Merchants Capital buy | $102k 3,305 shares | +3% | +2% from low-35% from high | |
| 56Moderate | Michael J. Dunlap President, COO buy | $122k 4,000 shares | +2% | 0% from low-35% from high | |
| 65Notable | Michael R. Dury CEO of Merchants Capital buy | $157k 5,200 shares | +5% | 0% from low-36% from high | |
| 35Weak | Scott A. Evans Lynn Market President sell | $1.1M 25,000 shares | -48% | - | |
| 50Moderate | Michael R. Dury CEO of Merchants Capital buy | $106k 2,700 shares | +3% | - | |
| 38Weak | Tamika Catchings director buy | $2,500 100 shares | - | - | |
| 45Moderate | David N. Shane director buy | $50k 2,000 shares | - | - | |
| 63Notable | Patrick D. O'Brien director buy | $2.0M 80,000 shares | - | - |
Planned sales
Form 144 notices filed before a sale of restricted or control stock, newest first. The sale itself usually reaches a Form 4 within days. All planned sales
| Filed | Seller | Shares | Value | Sale date | Past 3 months |
|---|---|---|---|---|---|
| Jul 30, 2026 | Petrie Jody J. Director | 11,111 0.02% of outstanding | $614k | Jul 30, 2026 | $500k |
| Jun 11, 2026 | Petrie Michael F. Officer | 6,000 0.01% of outstanding | $297k | Jun 11, 2026 | none |
| May 1, 2026 | Petrie Jody J. 10% Stockholder | 10,870 0.02% of outstanding | $505k | May 1, 2026 | $600k |
| May 1, 2026 | Petrie Michael F. Officer, 10% Stockholder | 28,334 0.06% of outstanding | $1.3M | May 1, 2026 | $661k |
| Mar 5, 2026 | Petrie Jody J. Member of immediate family of any of the foregoing | 11,364 0.02% of outstanding | $475k | Mar 5, 2026 | $600k |
| Feb 24, 2026 | Petrie Michael F. Officer | 43,334 0.09% of outstanding | $1.9M | Feb 24, 2026 | $600k |
| Feb 20, 2026 | Petrie Michael F. Officer | 6,315 0.01% of outstanding | $284k | Feb 20, 2026 | $300k |
| Feb 2, 2026 | Petrie Michael F. Officer | 57,772 0.96% of outstanding | $1.2M | Feb 2, 2026 | $26k |
| Nov 6, 2025 | Petrie Michael F. Officer | 50,000 0.11% of outstanding | $1.6M | Nov 6, 2025 | none |
| Feb 6, 2025 | Petrie Michael F. Officer | 6,977 0.02% of outstanding | $300k | Feb 6, 2025 | none |
| Jan 29, 2025 | SCOTT A EVANS Director, Officer | 25,000 0.05% of outstanding | $994k | Jan 29, 2025 | none |
| Nov 28, 2023 | Petrie Michael F. Officer | 9,090 0.02% of outstanding | $300k | Nov 28, 2023 | $608k |
| Oct 30, 2023 | Rogers Randall D. Officer | 97,894 0.23% of outstanding | $2.9M | Oct 30, 2023 | $65k |
| Oct 30, 2023 | Rogers Mary H. Spouse of Affiliate | 300,000 0.69% of outstanding | $8.8M | Oct 30, 2023 | $65k |
| Oct 27, 2023 | Petrie Michael F. Officer | 20,064 0.05% of outstanding | $583k | Oct 27, 2023 | $544k |
Transactions
The newest 50 of 139 rows filed, every code.
| Date | Insider | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|---|
| Aug 20, 2026 | Tamika Catchings director | AGrant or award Common Stock | +328 | $53.50 | $18k | 8,094 | Aug 24, 2026 |
| Aug 20, 2026 | Mark E. Shaffer director | AGrant or award Common Stock | +328 | $53.50 | $18k | 709 | Aug 24, 2026 |
| Aug 20, 2026 | Andrew Juster director | AGrant or award Common Stock | +328 | $53.50 | $18k | 26,500 | Aug 24, 2026 |
| Aug 20, 2026 | Anne E. Sellers director | AGrant or award Common Stock | +328 | $53.50 | $18k | 12,987 | Aug 24, 2026 |
| Aug 20, 2026 | Thomas Dinwiddie director | AGrant or award Common Stock | +328 | $53.50 | $18k | 23,094 | Aug 24, 2026 |
| Aug 20, 2026 | Michael S Curless director | AGrant or award Common Stock | +328 | $53.50 | $18k | 709 | Aug 24, 2026 |
| Aug 20, 2026 | Patrick D. O'Brien director | AGrant or award Common Stock | +328 | $53.50 | $18k | 120,049 | Aug 24, 2026 |
| Aug 5, 2026 | Michael R. Dury CEO of Merchants Capital | GGift Common Stock | -3,700 | $0.00 | $0 | 120,702 | Aug 7, 2026 |
| Jul 30, 2026 | Julia L. Kaercher director | SOpen-market sale Common Stockindirect: As Trustee of The Petrie Grandchildren Trust | -9,000 | $55.20 | $497k | 727,103 | Jul 31, 2026 |
| Jul 30, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Common Stockindirect: Spouse is Trustee of The Petrie Grandchildren Trust | -9,000 | $55.20 | $497k | 727,013 | Jul 31, 2026 |
| Jun 3, 2026 | Michael R. Dury CEO of Merchants Capital | GGift Common Stock | -10,700 | $0.00 | $0 | 124,402 | Jun 5, 2026 |
| May 21, 2026 | Anne E. Sellers director | AGrant or award Common Stock | +381 | $46.03 | $18k | 12,659 | May 26, 2026 |
| May 21, 2026 | Patrick D. O'Brien director | AGrant or award Common Stock | +381 | $46.03 | $18k | 119,721 | May 26, 2026 |
| May 21, 2026 | Mark E. Shaffer director | AGrant or award Common Stock | +381 | $46.03 | $18k | 381 | May 26, 2026 |
| May 21, 2026 | Tamika Catchings director | AGrant or award Common Stock | +381 | $46.03 | $18k | 7,766 | May 26, 2026 |
| May 21, 2026 | Michael S Curless director | AGrant or award Common Stock | +381 | $46.03 | $18k | 381 | May 26, 2026 |
| May 21, 2026 | Thomas Dinwiddie director | AGrant or award Common Stock | +381 | $46.03 | $18k | 22,766 | May 26, 2026 |
| May 21, 2026 | Andrew Juster director | AGrant or award Common Stock | +381 | $46.03 | $18k | 26,172 | May 26, 2026 |
| May 15, 2026 | Michael F. Petrie Chairman and CEO | GGift Common Stock | -16,000 | $0.00 | $0 | 1,848,994 | May 19, 2026 |
| May 7, 2026 | Kevin T Langford Chief Administrative Officer | GGift Common Stock | -650 | $0.00 | $0 | 36,433 | May 7, 2026 |
| May 5, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Common Stock | -20,000 | $46.75 | $935k | 1,873,328 | May 7, 2026 |
| May 5, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Common Stockindirect: Spouse is Trustee of The Petrie Grandchildren Trust | -10,696 | $46.75 | $500k | 736,013 | May 7, 2026 |
| May 6, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Common Stock | -8,334 | $46.86 | $391k | 1,864,994 | May 7, 2026 |
| Feb 25, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -377 | $20.20 | $7,615 | 16,829 | Feb 27, 2026 |
| Feb 26, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -13,871 | $20.25 | $281k | 2,958 | Feb 27, 2026 |
| Feb 26, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Common Stock | -15,000 | $44.05 | $661k | 1,893,328 | Feb 27, 2026 |
| Feb 19, 2026 | Anne E. Sellers director | AGrant or award Common Stock | +377 | $46.45 | $18k | 12,278 | Feb 19, 2026 |
| Feb 19, 2026 | Patrick D. O'Brien director | AGrant or award Common Stock | +377 | $46.45 | $18k | 119,340 | Feb 19, 2026 |
| Feb 17, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -100 | $20.20 | $2,020 | 18,708 | Feb 19, 2026 |
| Feb 19, 2026 | Tamika Catchings director | AGrant or award Common Stock | +377 | $46.45 | $18k | 7,385 | Feb 19, 2026 |
| Feb 19, 2026 | Thomas Dinwiddie director | AGrant or award Common Stock | +377 | $46.45 | $18k | 22,385 | Feb 19, 2026 |
| Feb 19, 2026 | Sue Anne Gilroy director | AGrant or award Common Stock | +377 | $46.45 | $18k | 13,684 | Feb 19, 2026 |
| Feb 19, 2026 | Andrew Juster director | AGrant or award Common Stock | +377 | $46.45 | $18k | 25,791 | Feb 19, 2026 |
| Feb 19, 2026 | David N. Shane director | AGrant or award Common Stock | +377 | $46.45 | $18k | 23,527 | Feb 19, 2026 |
| Feb 18, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -1,502 | $20.20 | $30k | 17,206 | Feb 19, 2026 |
| Feb 10, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -4,455 | $20.20 | $90k | 18,808 | Feb 12, 2026 |
| Feb 10, 2026 | Martin A Schroeter President-Warehouse Lending | SOpen-market sale Common Stock | -5,500 | $46.06 | $253k | 10,881 | Feb 12, 2026 |
| Feb 6, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -7,149 | $20.20 | $144k | 37,873 | Feb 10, 2026 |
| Feb 9, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -14,610 | $20.20 | $295k | 23,263 | Feb 10, 2026 |
| Feb 3, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -1,383 | $20.20 | $28k | 53,985 | Feb 5, 2026 |
| Feb 4, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -6,929 | $20.20 | $140k | 47,056 | Feb 5, 2026 |
| Feb 5, 2026 | Michael F. Petrie Chairman and CEO | SOpen-market sale Series C Depositary Shares | -2,034 | $20.20 | $41k | 45,022 | Feb 5, 2026 |
| Feb 1, 2026 | Michael J. Dunlap President, COO | FTax withholding Common Stock | -7,766 | $41.46 | $322k | 212,196 | Feb 3, 2026 |
| Feb 1, 2026 | Michael R. Dury CEO of Merchants Capital | FTax withholding Common Stock | -2,972 | $41.46 | $123k | 135,102 | Feb 3, 2026 |
| Feb 1, 2026 | Scott A. Evans Lynn Market President | FTax withholding Common Stock | -1,817 | $41.46 | $75k | 27,556 | Feb 3, 2026 |
| Feb 1, 2026 | Jerry F. Koors Merchants Mortgage President | FTax withholding Common Stock | -2,140 | $41.46 | $89k | 45,106 | Feb 3, 2026 |
| Feb 1, 2026 | Martin A Schroeter President-Warehouse Lending | FTax withholding Common Stock | -663 | $41.46 | $27k | 16,381 | Feb 3, 2026 |
| Feb 1, 2026 | Kevin T Langford Chief Administrative Officer | FTax withholding Common Stock | -2,483 | $41.46 | $103k | 37,083 | Feb 3, 2026 |
| Feb 1, 2026 | Michael F. Petrie Chairman and CEO | FTax withholding Common Stock | -9,685 | $41.46 | $402k | 1,930,308 | Feb 3, 2026 |
| Feb 1, 2026 | Terry A Oznick SVP, General Counsel | FTax withholding Common Stock | -2,685 | $41.46 | $111k | 31,374 | Feb 3, 2026 |
50 of 139 rows shown.
Insiders
Everyone who has filed a Form 4 here.
- Tamika Catchingsdirector
- Michael S Curlessdirector
- Thomas Dinwiddiedirector
- Michael J. DunlapPresident, COO
- Michael R. DuryCEO of Merchants Capital
- Scott A. EvansLynn Market President
- Sue Anne Gilroydirector
- Andrew Justerdirector
- Julia L. Kaercherdirector
- Jerry F. KoorsMerchants Mortgage President
- Kevin T LangfordChief Administrative Officer
- Patrick D. O'Briendirector
- Terry A OznickSVP, General Counsel
- Michael F. PetrieChairman and CEO
- Martin A SchroeterPresident-Warehouse Lending
- Anne E. Sellersdirector
- Mark E. Shafferdirector
- David N. Shanedirector
- Sean A. SieversCHIEF FINANCIAL OFFICER
- Darin L. ThomasChief Accounting Officer
Questions about MBIN
Answered from the filings on this page, as of the latest one.
Are insiders buying MBIN?
As of Aug 24, 2026, SEC Form 4 filings show 0 open-market buys worth $0 by 0 insiders and 2 open-market sells worth $994k by 2 insiders at Merchants Bancorp in the last 90 days, net -$994k. Only purchases (code P) and sales (code S) count; grants, option exercises and tax withholding do not.
Who was the last insider to trade MBIN on the open market?
Julia L. Kaercher (director) sold $497k of MBIN on Jul 30, 2026 and filed the Form 4 on Jul 31, 2026. InsiderTell scored 41 (moderate), with 2 insiders on the same side within 14 days.
How many insiders file Form 4 at Merchants Bancorp?
20 people have filed a Form 4 at Merchants Bancorp, among them Tamika Catchings (director), Michael S Curless (director), Thomas Dinwiddie (director). Officers, directors and holders of more than 10% of a share class must report their trades within two business days.
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.