Based on data from the past 90 days ending December 31, 2025, Merchants Bancorp's three largest insider shareholders are Chairman And Ceo Michael F. Petrie (2.47Mn shares), Ceo Of Merchants Capital Michael R. Dury (138.29K shares), Director Patrick D. O'Brien (118.96K shares).
| Holder | Position | Shares | Report Date |
|---|---|---|---|
| Michael F. Petrie | Chairman And Ceo | 2,467,924 | 12 Dec, 2025 |
| Randall D. Rogers | Vice Chairman | 899,010 | 16 Feb, 2022 |
| Michael J. Dunlap | President And Coo | 199,911 | 01 May, 2025 |
| Michael R. Dury | Ceo Of Merchants Capital | 138,291 | 03 Nov, 2025 |
| Patrick D. O'Brien | 118,963 | 21 Nov, 2025 | |
| John F. Macke | Chief Financial Officer | 58,312 | 02 Feb, 2024 |
| Jerry F. Koors | Merchants Mortgage President | 41,910 | 04 Feb, 2025 |
| Kevin T Langford | Chief Administrative Officer | 34,938 | 04 Feb, 2025 |
| Terry A Oznick | Svp And General Counsel | 29,843 | 04 Feb, 2025 |
| Andrew Juster | 25,414 | 21 Nov, 2025 | |
| Scott A. Evans | Lynn Market President | 25,362 | 04 Feb, 2025 |
| David N. Shane | 23,150 | 21 Nov, 2025 | |
| Thomas Dinwiddie | 22,008 | 21 Nov, 2025 | |
| Martin A Schroeter | President Warehouse Lending | 17,044 | 04 Feb, 2025 |
| Sue Anne Gilroy | 13,307 | 21 Nov, 2025 | |
| Anne E. Sellers | 11,901 | 21 Nov, 2025 | |
| Tamika Catchings | 7,008 | 21 Nov, 2025 | |
| Sean A. Sievers | Chief Financial Officer | 3,000 | 18 Sep, 2025 |
| Darin L. Thomas | Chief Accounting Officer | 1,103 | 25 Aug, 2025 |
| Susan Dehner Kucer | Indianpolis Market President | 217 | 20 May, 2024 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 10 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 7,541 | $19.00 | 64,488 | D | S |
| 11 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 5,336 | $19.00 | 59,152 | D | S |
| 12 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 1,380 | $19.00 | 57,772 | D | S |
| 08 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 1,129 | $19.03 | 72,029 | D | S |
| 04 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 3,109 | $19.14 | 76,317 | D | S |
| 05 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 3,159 | $19.14 | 73,158 | D | S |
| 01 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 2,159 | $19.54 | 79,926 | D | S |
| 02 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 500 | $19.50 | 79,426 | D | S |
| 25 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 2,096 | $19.30 | 82,166 | D | S |
| 26 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 81 | $19.42 | 82,085 | D | S |
| 21 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 11,566 | $19.20 | 86,164 | D | S |
| 24 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 1,902 | $19.35 | 84,262 | D | S |
| 19 Nov, 2025 | Andrew Juster | Common Stock | A | 562 | $31.17 | 25,414 | D | A |
| 19 Nov, 2025 | David N. Shane | Common Stock | A | 562 | $31.17 | 23,150 | D | A |
| 19 Nov, 2025 | Thomas Dinwiddie | Common Stock | A | 562 | $31.17 | 22,008 | D | A |
| 19 Nov, 2025 | Anne E. Sellers | Common Stock | A | 562 | $31.17 | 11,901 | D | A |
| 19 Nov, 2025 | Patrick D. O'Brien | Common Stock | A | 562 | $31.17 | 118,963 | D | A |
| 19 Nov, 2025 | Tamika Catchings | Common Stock | A | 562 | $31.17 | 7,008 | D | A |
| 19 Nov, 2025 | Sue Anne Gilroy | Common Stock | A | 562 | $31.17 | 13,307 | D | A |
| 14 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 101 | $19.83 | 98,799 | D | S |