Michael F. Petrie, Chairman and CEO at Merchants Bancorp (MBIN), sold 15,000 shares at $17.45 ($260K) on 2023-05-17, disclosed to the SEC on 2023-05-17.
Open-market sale of $260k MBIN by Chairman and CEO. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $17.15 | 5,000 | $86K | 32.9% |
| 2 | $17.45 | 10,000 | $175K | 67.1% |
| Total | $17.35 avg | 15,000 | $260K | 100% |
| Filing → |
| MBIN | SELL | 2026-02-27 | $949K | — | Filing → |
| MBIN | SELL | 2026-02-19 | $32K | — | Filing → |
| MBIN | SELL | 2026-02-12 | $90K | — | Filing → |