Merchants Bancorp Form 4 insider transactions

Scott A. Evans, a Director and Lynn Market President at Merchants Bancorp, disposed of 1,817 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Merchants Bancorp's CEO of Merchants Capital, Michael R. Dury, reported a disposition of 2,972 common shares to cover tax obligations related to restricted stock unit vesting.

Merchants Bancorp President and COO Michael J. Dunlap reported the vesting of restricted stock units and the withholding of shares to cover tax obligations.

Merchants Bancorp CFO Sean A. Sievers reported a disposition of 246 common shares to cover tax obligations related to restricted stock unit vesting.

Merchants Bancorp's Chief Administrative Officer, Kevin T Langford, was granted 4,628 restricted stock units.

Merchants Bancorp's Merchants Mortgage President, Jerry F. Koors, reported the acquisition of 5,553 unvested restricted stock units with future vesting dates.

Scott A. Evans, a Director and Lynn Market President at Merchants Bancorp, acquired 4,011 unvested restricted stock units.

Merchants Bancorp's President and COO, Michael J. Dunlap, was granted 20,051 unvested restricted stock units.

Merchants Bancorp's Chairman and CEO, Michael F. Petrie, reported the acquisition of 20,565 unvested restricted stock units.

Merchants Bancorp's SVP, General Counsel, Terry A Oznick, acquired 4,216 shares of common stock and disposed of 2,000 Series D Depositary Shares.

Merchants Bancorp's Chief Financial Officer, Sean A. Sievers, reported the acquisition of restricted stock units and the disposition of Series D Depositary Shares under a pre-arranged plan.

Merchants Bancorp's Chairman and CEO, Michael F. Petrie, reported the sale of 14,257 Series C Depositary Shares for a total of $270,883 over three days in December 2025.

Merchants Bancorp Chairman and CEO Michael F. Petrie reported the sale of 1,129 Series C Depositary Shares under a Rule 10b5-1 plan.

Merchants Bancorp Chairman and CEO Michael F. Petrie reported the sale of 6,268 Series C Depositary Shares in early December 2025 under a Rule 10b5-1 plan.

Merchants Bancorp Chairman and CEO Michael F. Petrie reported the sale of Series C Depositary Shares totaling 2,659 units across two transactions in early December 2025.

Merchants Bancorp Chairman and CEO Michael F. Petrie reported the sale of Series C Depositary Shares totaling 2,177 units across two transactions.

Merchants Bancorp Chairman and CEO Michael F. Petrie reported the sale of Series C Depositary Shares in late November 2025, while maintaining significant direct and indirect common stock holdings.

Merchants Bancorp director David N. Shane acquired 562 shares of common stock as part of his quarterly retainer.

Merchants Bancorp Director Anne E. Sellers acquired 562 shares of common stock as part of her quarterly retainer.

Merchants Bancorp Director Patrick D. O'Brien acquired 562 shares of common stock as part of his quarterly retainer.

Merchants Bancorp Director Sue Anne Gilroy acquired 562 shares of common stock at $31.17 per share as part of her quarterly retainer.

Merchants Bancorp Director Andrew Juster acquired 562 shares of common stock as part of his quarterly retainer, increasing his direct beneficial ownership.

Merchants Bancorp Director Thomas Dinwiddie acquired 562 shares of common stock as part of his quarterly retainer, increasing his total beneficial ownership to 22,008 shares.

Merchants Bancorp Director Tamika Catchings acquired 562 shares of common stock as part of her quarterly retainer.

Merchants Bancorp Chairman and CEO Michael F. Petrie reported sales of Series C Depositary Shares totaling 1,170 units in mid-November 2025.

Merchants Bancorp Chairman and CEO Michael F. Petrie reported sales of Series C Depositary Shares totaling 1,100 units in November 2025.

Merchants Bancorp's CEO of Merchants Capital, Michael R. Dury, reported an acquisition of 15,500 common shares while also adjusting indirect and depositary share holdings.

Merchants Bancorp's Chief Financial Officer, Sean A. Sievers, acquired 3,000 Series D Depositary Shares for approximately $74,610.

Merchants Bancorp's Chief Accounting Officer, Darin L. Thomas, acquired common stock and Series E Depositary Shares totaling over $100,000.

Merchants Bancorp Director David N. Shane acquired 540 shares of common stock as part of his quarterly retainer.