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MBIN - Merchants Bancorp

Insider Sale by Petrie Michael F. (COB, CEO, 10%)

1 Month
After Trade
Before Trade

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Trade Summary

5 days ago, Petrie Michael F., serving as COB, CEO, 10% owner at Merchants Bancorp (MBIN), sold 1,602 shares at $20.20 per share, for a total transaction value of $32,360.00. Following this transaction, Petrie Michael F. now holds 12,655,687 shares of MBIN.

The trade was executed on Tuesday, February 17, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, February 19, 2026, 2 days after the trade was made.

Merchants Bancorp operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Petrie Michael F.

COB, CEO, 10%

Michael F. Petrie is the Chairman, CEO, and 10% Owner of Merchants Bancorp (MBIN), a position he has held since founding Merchants Bank of Indiana in 1990 and serving as a Director and Chairman since 2002.[[1]](https://www.gurufocus.com/insider/124190/michael-f.-petrie)[[2]](https://bankmerchants.com/team/michael-f-petrie-cmb/)[[5]](https://www.marketscreener.com/insider/MICHAEL-PETRIE-A0G575/) He previously served as Chairman and President of Merchants Capital (formerly PR Mortgage & Investments), a multifamily finance company he co-founded in 1990, and leads the company's growth and strategy.[[2]](https://bankmerchants.com/team/michael-f-petrie-cmb/)[[4]](https://investors.merchantsbancorp.com/corporate-profile/officers-and-directors/default.aspx) Petrie holds a BS and MBA in Finance from Indiana University and has been active in industry and community roles, including past positions on the MERS Board of Directors (2006–2010), FHLBI Board (2007–2008), and Mortgage Bankers Association (Chairman 2004–2005).[[2]](https://bankmerchants.com/team/michael-f-petrie-cmb/) He owns approximately 11.8 million shares of MBIN valued at over $370 million as of August 2024, with recent insider sales including 22,050 shares on August 27, 2024, and Series C Depositary Shares in February 2026 totaling $439,531.[[1]](https://www.gurufocus.com/insider/124190/michael-f.-petrie)[[3]](https://www.investing.com/news/insider-trading-news/merchants-bancorp-chairman-and-ceo-sells-439k-in-shares-93CH-4496613) Awards include the Sagamore of the Wabash (2004) and Indiana University’s Academy of Alumni Fellow (2019).[[2]](https://bankmerchants.com/team/michael-f-petrie-cmb/)

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Trade Price

$20.20

Quantity

1,602

Total Value

$32,360.00

Shares Owned

12,655,687

Trade Date

Tuesday, February 17, 2026

5 days ago

SEC Filing Date

Thursday, February 19, 2026

Filed 2 days after trade

FINANCIAL SERVICESBANKS - REGIONAL

About Merchants Bancorp

Company Overview

No company information available
View news mentioning MBIN

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