Form 4: Merchants Bancorp Director Anne E. Sellers Acquires Shares as Part of Quarterly Retainer

Director Anne E. Sellers acquired 409 shares of Merchants Bancorp common stock as part of her quarterly retainer.

Summary

• On February 20, 2025, Anne E. Sellers, a director of Merchants Bancorp, acquired 409 shares of common stock.
• The acquisition was part of her quarterly retainer for serving as a director.
• The price per share was $42.82.
• Following the transaction, Sellers directly owns 10,263 shares of common stock, 12,000 Series C Depositary Shares, and 4,000 Series D Depositary Shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stability and adherence to standard corporate governance practices. It is neither overwhelmingly positive nor negative.

Industry Context

This Form 4 filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies as part of director compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Merchants Bancorp, MBIN, Form 4, Director, Anne E. Sellers, Stock Acquisition, Quarterly Retainer, Beneficial Ownership