Michael F. Petrie, Chairman and CEO at Merchants Bancorp (MBIN), sold 12,536 shares at $19.14 ($240K) on 2025-12-05, disclosed to the SEC on 2025-12-05.
Open-market sale of $240k 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.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $19.14 | 3,109 | $60K | 24.8% |
| 2 | $19.14 | 3,109 | $60K | 24.8% |
| 3 | $19.14 | 3,159 | $60K | 25.2% |
| 4 | $19.14 | 3,159 | $60K | 25.2% |
| Total | $19.14 avg | 12,536 | $240K | 100% |
| Filing → |
| MBIN | SELL | 2026-02-27 | $949K | — | Filing → |
| MBIN | SELL | 2026-02-19 | $32K | — | Filing → |
| MBIN | SELL | 2026-02-12 | $90K | — | Filing → |