Form 4: Merchants Bancorp CEO Sells Shares
Insider Transaction (Form 4)
Michael F. Petrie, Chairman and CEO, a Director and 10% owner of Merchants Bancorp, sold 9,000 shares of common stock on July 30, 2026 for $55.20 per share.
Summary
- Open-market sale: disposed of 9,000 Common Stock at $55.20 ($496,800) on July 30, 2026; holds 727,013 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $496,800 of stock on the open market.
Insider Transactions
Michael F. Petrie — Director, Officer (Chairman and CEO), 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-30 | Open-market sale | Common Stock | 9,000 | $55 | $496.8K | 727,013 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-30 | Open-market sale (9,000 shares) |
Keywords
insider transaction, Form 4, MBIN, Merchants Bancorp, bearish, Michael F. Petrie
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