Michael F. Petrie, Chairman and CEO, 10% Owner at Merchants Bancorp (MBIN), sold 10,346 shares at $20.20 ($209K) on 2026-02-04, disclosed to the SEC on 2026-02-05.
Seasonal sale ($209k) 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 | 1,383 | $28K | 13.4% |
| 2 | $20.20 | 6,929 | $140K | 67.0% |
| 3 | $20.20 | 2,034 | $41K | 19.7% |
| Total | $20.20 avg | 10,346 | $209K | 100% |
| Filing → |
| MBIN | SELL | 2026-02-27 | $949K | — | Filing → |
| MBIN | SELL | 2026-02-19 | $32K | — | Filing → |
| MBIN | SELL | 2026-02-12 | $90K | — | Filing → |