Form 4: Merchants Bancorp Director Andrew Juster Acquires Additional Shares as Part of Quarterly Retainer

Director Andrew Juster acquired 409 shares of Merchants Bancorp common stock as part of his quarterly retainer for board service.

Summary

• On February 20, 2025, Andrew Juster, a director of Merchants Bancorp, acquired 409 shares of common stock.
• The acquisition was part of his quarterly retainer for service as a director.
• The price per share was $42.82.
• Following the transaction, Juster directly owns 23,776 shares of common stock, 20,000 Series C Depositary Shares and 12,000 Series D Depositary Shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.

Positives

• Director's continued investment in the company may signal confidence in its future prospects.

Industry Context

Directors receiving equity as part of their compensation is a common practice to align their interests with those of the shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates

Keywords

Merchants Bancorp, MBIN, Andrew Juster, Director, Stock Acquisition, Form 4, Quarterly Retainer, Beneficial Ownership