According to recent filings covering the 90 days ending January 21, 2026, the three most significant insider holders at Merchants Bancorp are Chairman And Ceo Michael F. Petrie (2.47Mn shares), Vice Chairman Randall D. Rogers (899.01K shares), President And Coo Michael J. Dunlap (199.91K 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 | 41,693 | 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 |
* 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 |
|---|---|---|---|---|---|---|---|---|
| 12 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 1,380 | $19.00 | 57,772 | D | S |
| 11 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 5,336 | $19.00 | 59,152 | D | S |
| 10 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 7,541 | $19.00 | 64,488 | D | S |
| 08 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 1,129 | $19.03 | 72,029 | D | S |
| 05 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 3,159 | $19.14 | 73,158 | D | S |
| 04 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 3,109 | $19.14 | 76,317 | D | S |
| 02 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 500 | $19.50 | 79,426 | D | S |
| 01 Dec, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 2,159 | $19.54 | 79,926 | D | S |
| 26 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 81 | $19.42 | 82,085 | D | S |
| 25 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 2,096 | $19.30 | 82,166 | D | S |
| 24 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 1,902 | $19.35 | 84,262 | D | S |
| 21 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 11,566 | $19.20 | 86,164 | 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 | Sue Anne Gilroy | Common Stock | A | 562 | $31.17 | 13,307 | 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 | Thomas Dinwiddie | Common Stock | A | 562 | $31.17 | 22,008 | D | A |
| 18 Nov, 2025 | Michael F. Petrie | Series C Depositary Shares | D | 1,069 | $19.80 | 97,730 | D | S |