Form 4: Merchants Bancorp CEO Michael Dury Acquires Additional Shares

Michael R. Dury, CEO of Merchants Capital, purchased 3,305 shares of Merchants Bancorp common stock at an average price of $30.86 on May 1, 2025.

Summary

• On May 1, 2025, Michael R. Dury, CEO of Merchants Capital, acquired 3,305 shares of Merchants Bancorp common stock at a weighted average price of $30.86 per share.
• The purchases were made in multiple transactions with prices ranging from $30.47 to $31.08 per share.
• Following the transaction, Dury directly owns 106,574 shares of common stock, which includes 13,378 unvested restricted stock units.
• Dury also indirectly owns 18,200 shares as trustee of the Michael R. Dury GRAT 2023 Series C.
• Additionally, Dury directly owns 26,000 Series D Depositary Shares and 4,000 Depositary Shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase is a positive signal, but the document is simply a report of the transaction.

Positives

• The CEO's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally seen as a positive sign.

Stakeholder Impact

• The CEO's share purchase could positively influence shareholder sentiment.

Key Dates

Keywords

Merchants Bancorp, MBIN, Michael R. Dury, CEO, Share Purchase, Beneficial Ownership, Form 4, Securities Exchange Act