Form 4: Merchants Bancorp Executive Jerry F. Koors Reports Stock Transactions

Sentiment:

SEC Form 4


Jerry F. Koors, Merchants Bancorp's Merchants Mortgage President, reports acquisition of common stock and holdings in restricted stock units.

Summary

  • On January 28, 2025, Jerry F. Koors, President of Merchants Mortgage at Merchants Bancorp, reported transactions involving the company's stock.
  • Koors acquired 5,080 shares of common stock.
  • Following the reported transaction, Koors directly owns 44,574 shares of common stock and indirectly owns 18,007 shares through an IRA.
  • He also disposed of 400 Series C Depositary Shares.
  • The direct holdings include unvested restricted stock units that will vest on various dates in the future.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, with neutral sentiment.

Key Dates

DateDescription
01/28/2025Date of stock transaction
01/29/2025Date of signature
02/01/2025Vesting date of 7,345 restricted stock units
02/01/2026Vesting date of 6,201 and 1,694 restricted stock units
02/01/2027Vesting date of 4,599 and 1,693 restricted stock units
02/01/2028Vesting date of 1,693 restricted stock units

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