Michael F. Petrie, Chairman and CEO, 10% Owner at Merchants Bancorp (MBIN), sold 39,030 shares at $46.75 ($1.8M) on 2026-05-05, disclosed to the SEC on 2026-05-07.
Open-market sale of $1.8M MBIN by Chairman and CEO, 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $46.75 | 10,696 | $500K | 27.4% |
| 2 | $46.75 | 20,000 | $935K | 51.2% |
| 3 | $46.86 | 8,334 | $391K | 21.4% |
| Total | $46.77 avg | 39,030 | $1.8M | 100% |
| Filing → |
| MBIN | SELL | 2026-02-19 | $32K | — | Filing → |
| MBIN | SELL | 2026-02-12 | $90K | — | Filing → |
| MBIN | SELL | 2026-02-10 | $440K | — | Filing → |