Michael F. Petrie, Chairman and CEO, 10% Owner at Merchants Bancorp (MBIN), sold 21,759 shares at $20.20 ($440K) on 2026-02-09, disclosed to the SEC on 2026-02-10.
Seasonal sale ($440k) by Chairman and CEO, 10% Owner — this insider has traded MBIN in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $20.20 | 7,149 | $144K | 32.9% |
| 2 | $20.20 | 14,610 | $295K | 67.1% |
| Total | $20.20 avg | 21,759 | $440K | 100% |
| Filing → |
| MBIN | SELL | 2026-02-27 | $949K | — | Filing → |
| MBIN | SELL | 2026-02-19 | $32K | — | Filing → |
| MBIN | SELL | 2026-02-12 | $90K | — | Filing → |