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sellModerate cluster of 2

Martin A Schroeter sold $253k of MBIN

President-Warehouse Lending at Merchants Bancorp. 5,500 shares at an average of $46.06, traded Feb 10, 2026, filed Feb 12, 2026.

Warning score
51
Value
$253k
5,500 shares
Holdings after
10,881
-34% from before
From 52-week low
+60%
low $28.81, close $46.00
From 52-week high
0%
high $46.00, as of Feb 10, 2026

Score components

  • Role
    President
    +20
  • Trade size
    $253k at market
    +13
  • Share of holdings sold
    Sold 34% of holdings
    +10
  • Cluster
    2 insiders selling within 14 days
    +8

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -11.6%, 3m -4.4%, 6m +17.7%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MBINOct 12, 2026 · close 49.01
Since filing Feb 12, 2026: +4.5%SPY +15.1% · excess -10.6%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001793725-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 10, 2026SOpen-market sale
Common Stock
-5,500$46.06$253k10,881Feb 12, 2026

Related signals

Other insiders at Merchants Bancorp and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
41Moderate
MBINsell 2
Merchants Bancorp
Julia L. Kaercher
director
$497k
9,000 shares
-1%
51Moderate
MBINsell 2
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$497k
9,000 shares
-1%
50Moderate
MBINsell
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$1.8M
39,030 shares
-2%
69Notable
MBINsell
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$949k
29,248 shares
-170%
38Weak
MBINsell 2
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$32k
1,602 shares
-9%
47Moderate
MBINsell 2
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$90k
4,455 shares
-19%
60Notable
MBINsell 2
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$440k
21,759 shares
-48%
50Moderate
MBINsell 2
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$209k
10,346 shares
-19%
40Moderate
MBINsell 2
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$49k
2,404 shares
-4%
43Moderate
MBINsell
Merchants Bancorp
Michael F. Petrie
Chairman and CEO
$271k
14,257 shares
-20%

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.

Martin A Schroeter sold $253k of MBIN | InsiderTell