MBIN insider buying – Merchants Bancorp
56 insider purchases since 2016 worth $17.0M by 18 different insiders. Last 12 months: 0 purchases, $0. Most recent filing: 2025-11-03.
Mid company Public float $991M (latest 10-K, SEC).
Same time range as the chart above - each mark sits under the week of the trade. Circles = purchases (height = price paid, size = amount), red triangles = open-market sales of $50k+. Prices as reported, not adjusted for later stock splits. 25 older purchases (before the 5-year window) are listed in the table below.
Purchases are open-market buys (SEC Form 4, code "P") - insiders paying with their own money. Sales are open-market sales (code "S") of $50,000 or more; many sales are pre-planned (Rule 10b5-1) or made for taxes and diversification. Each row links to the original filing.
Bought, sold, still holding?
| Insider | Bought | First / last buy | Sold since 2016 | Holds now* | Status |
|---|---|---|---|---|---|
| O'Brien Patrick D. Director | $10.6M 13× · 440,700 sh | 2017-10-27 2024-11-18 | – | 323,749 shares as of 2026-08-24 | Holds - never sold |
| Dury Michael R. CEO | $2.8M 13× · 101,905 sh | 2019-03-22 2025-10-30 | – | 168,902 shares as of 2026-08-07 | Holds - never sold |
| JUSTER ANDREW Director | $800,000 2× · 32,000 sh | 2021-03-16 2022-09-22 | – | 58,500 shares as of 2026-08-24 | Holds - never sold |
| Petrie Michael F. CEO | $464,779 2× · 21,021 sh | 2023-08-03 2023-08-07 | 15× · $7.0M last 2026-07-30 | 12,562,409 shares as of 2026-07-31 | Sold part |
| Kucer Susan Dehner CEO | $420,000 3× · 17,250 sh | 2017-10-27 2021-03-16 | – | 54,074 shares as of 2024-05-20 | Holds - never sold |
| Sellers Anne E. Director | $400,000 2× · 16,000 sh | 2021-03-16 2022-09-23 | – | 28,987 shares as of 2026-08-24 | Holds - never sold |
| Rogers Randall D. Officer | $322,297 2× · 13,155 sh | 2022-02-16 2022-03-15 | 9× · $25.2M last 2024-08-23 | 3,007,729 shares as of 2024-08-27 | Sold part |
| Dunlap Michael J. CEO | $257,952 4× · 10,700 sh | 2017-10-27 2025-04-29 | 1× · $65,621 last 2020-01-02 | 212,196 shares as of 2026-02-03 | Holds (sold earlier) |
| Macke John F. CFO | $250,000 1× · 15,625 sh | 2017-10-27 2017-10-27 | – | 58,312 shares as of 2024-02-02 | Holds - never sold |
| Shane David N. Director | $175,000 4× · 8,125 sh | 2017-10-27 2024-11-18 | – | 29,527 shares as of 2026-02-19 | Holds - never sold |
| Sievers Sean A. CFO | $148,985 2× · 5,500 sh | 2025-08-01 2025-09-15 | – | 17,388 shares as of 2026-02-03 | Holds - never sold |
| Thomas Darin L. Officer | $99,628 1× · 3,353 sh | 2025-08-22 2025-08-22 | – | 3,353 shares as of 2025-08-25 | Holds - never sold |
| Oznick Terry A Officer | $74,954 2× · 3,300 sh | 2022-09-22 2023-05-01 | – | 33,374 shares as of 2026-02-03 | Holds - never sold |
| Perry John W. Director | $68,000 1× · 4,250 sh | 2017-10-27 2017-10-27 | – | 14,616 shares as of 2018-06-12 | Holds - never sold |
| Gilroy Sue Anne Director | $24,992 1× · 1,562 sh | 2017-10-27 2017-10-27 | – | 13,684 shares as of 2026-02-19 | Holds - never sold |
* Shares held after the insider's most recent SEC filing for this company (all share classes, direct and indirect). If an insider stops filing, later changes are not known.
Insider buying and selling by year
| Year | Purchases | Bought | Buyers | Sales | Sold |
|---|---|---|---|---|---|
| 2026 | 0 | – | – | 7 | $4.3M |
| 2025 | 8 | $1.6M | 4 | 5 | $1.8M |
| 2024 | 5 | $2.6M | 3 | 3 | $11.1M |
| 2023 | 8 | $1.0M | 5 | 8 | $14.1M |
| 2022 | 10 | $2.3M | 6 | 1 | $280,000 |
| 2021 | 6 | $5.2M | 6 | 2 | $2.0M |
| 2020 | 2 | $35,545 | 1 | 1 | $65,621 |
| 2019 | 7 | $3.1M | 6 | – | – |
| 2018 | 2 | $91,970 | 1 | – | – |
| 2017 | 8 | $1.0M | 8 | – | – |
Insider purchases
| Filed | Insider | Role | Shares | Avg price | Value | Holdings | Filing |
|---|---|---|---|---|---|---|---|
| 2025-11-03 | Dury Michael R. | CEO | 15,500 | $31.64 | $490,420 | +12.6% | SEC |
| 2025-09-18 | Sievers Sean A. | CFO | 3,000 | $24.87 | $74,610 | SEC | |
| 2025-08-25 | Thomas Darin L. | Officer | 3,353 | $29.71 | $99,628 | SEC | |
| 2025-08-05 | Sievers Sean A. | CFO | 2,500 | $29.75 | $74,375 | +43.8% | SEC |
| 2025-07-31 | Dury Michael R. | CEO | 16,000 | $31.56 | $504,936 | +15.0% | SEC |
| 2025-05-02 | Dury Michael R. | CEO | 3,305 | $30.86 | $101,992 | +3.2% | SEC |
| 2025-05-01 | Dury Michael R. | CEO | 5,200 | $30.19 | $157,002 | +5.3% | SEC |
| 2025-05-01 | Dunlap Michael J. | CEO | 4,000 | $30.59 | $122,377 | +2.0% | SEC |
| 2024-11-22 | Dury Michael R. | CEO | 2,700 | $39.21 | $105,867 | +2.9% | SEC |
| 2024-11-20 | Shane David N. | Director | 2,000 | $25.00 | $50,000 | SEC | |
| 2024-11-20 | O'Brien Patrick D. | Director | 80,000 | $25.00 | $2.0M | SEC | |
| 2024-08-05 | Dury Michael R. | CEO | 5,200 | $38.71 | $201,293 | +5.9% | SEC |
| 2024-07-31 | Dury Michael R. | CEO | 6,000 | $44.82 | $268,944 | +7.3% | SEC |
| 2023-11-03 | Dury Michael R. | CEO | 14,000 | $18.26 | $255,640 | +116.7% | SEC |
| 2023-08-09 | Petrie Michael F. | CEO | 18,300 | $22.15 | $405,333 | +672.5% | SEC |
| 2023-08-07 | Petrie Michael F. | CEO | 2,721 | $21.85 | $59,446 | SEC | |
| 2023-06-14 | O'Brien Patrick D. | Director | 4,500 | $22.25 | $100,140 | +24.3% | SEC |
| 2023-05-04 | Dunlap Michael J. | CEO | 4,000 | $20.39 | $81,575 | +2.5% | SEC |
| 2023-05-02 | Oznick Terry A | Officer | 1,300 | $19.20 | $24,954 | SEC | |
| 2023-03-10 | O'Brien Patrick D. | Director | 3,999 | $23.25 | $92,977 | +798.2% | SEC |
| 2023-03-10 | O'Brien Patrick D. | Director | 501 | $23.25 | $11,648 | SEC | |
| 2022-12-16 | Dury Michael R. | CEO | 9,500 | $24.62 | $233,890 | +9.2% | SEC |
| 2022-12-14 | O'Brien Patrick D. | Director | 3,700 | $21.00 | $77,700 | +9.2% | SEC |
| 2022-09-23 | Sellers Anne E. | Director | 4,000 | $25.00 | $100,000 | SEC | |
| 2022-09-23 | Oznick Terry A | Officer | 2,000 | $25.00 | $50,000 | SEC | |
| 2022-09-23 | O'Brien Patrick D. | Director | 40,000 | $25.00 | $1.0M | SEC | |
| 2022-09-23 | JUSTER ANDREW | Director | 12,000 | $25.00 | $300,000 | SEC | |
| 2022-09-23 | Dury Michael R. | CEO | 4,000 | $25.00 | $100,000 | SEC | |
| 2022-05-18 | Dury Michael R. | CEO | 4,500 | $23.26 | $104,670 | +5.1% | SEC |
| 2022-03-21 | Rogers Randall D. | Officer | 12,145 | $24.50 | $297,552 | +1202.5% | SEC |
| 2022-02-16 | Rogers Randall D. | Officer | 1,010 | $24.50 | $24,745 | +0.5% | SEC |
| 2021-03-18 | Shane David N. | Director | 2,000 | $25.00 | $50,000 | SEC | |
| 2021-03-18 | Sellers Anne E. | Director | 12,000 | $25.00 | $300,000 | SEC | |
| 2021-03-18 | Kucer Susan Dehner | CEO | 8,000 | $25.00 | $200,000 | SEC | |
| 2021-03-18 | Koors Jerry F. | CEO | 400 | $25.00 | $10,000 | SEC | |
| 2021-03-18 | JUSTER ANDREW | Director | 20,000 | $25.00 | $500,000 | SEC | |
| 2021-03-18 | O'Brien Patrick D. | Director | 164,000 | $25.04 | $4.1M | SEC | |
| 2020-05-15 | O'Brien Patrick D. | Director | 1,000 | $13.87 | $13,870 | +1.5% | SEC |
| 2020-05-13 | O'Brien Patrick D. | Director | 1,500 | $14.45 | $21,675 | +2.2% | SEC |
| 2019-09-13 | Dury Michael R. | CEO | 12,000 | $16.71 | $200,563 | +31.0% | SEC |
Showing the latest 40 of 56 purchases.
Insider sales
| Filed | Insider | Role | Shares | Avg price | Value | Type | Filing |
|---|---|---|---|---|---|---|---|
| 2026-07-31 | Petrie Michael F. | CEO | 9,000 | $55.20 | $496,800 | Sale | SEC |
| 2026-05-07 | Petrie Michael F. | CEO | 39,030 | $46.77 | $1.8M | Sale | SEC |
| 2026-02-27 | Petrie Michael F. | CEO | 29,248 | $32.46 | $949,253 | Sale | SEC |
| 2026-02-12 | Schroeter Martin A | CEO | 5,500 | $46.06 | $253,330 | Sale | SEC |
| 2026-02-12 | Petrie Michael F. | CEO | 4,455 | $20.20 | $89,991 | Sale | SEC |
| 2026-02-10 | Petrie Michael F. | CEO | 21,759 | $20.20 | $439,532 | Sale | SEC |
| 2026-02-05 | Petrie Michael F. | CEO | 10,346 | $20.20 | $208,989 | Sale | SEC |
| 2025-12-12 | Petrie Michael F. | CEO | 14,257 | $19.00 | $270,883 | Sale | SEC |
| 2025-12-05 | Petrie Michael F. | CEO | 6,268 | $19.14 | $119,970 | Sale | SEC |
| 2025-12-03 | Petrie Michael F. | CEO | 2,659 | $19.53 | $51,937 | Sale | SEC |
| 2025-11-24 | Petrie Michael F. | CEO | 13,468 | $19.22 | $258,871 | Sale | SEC |
| 2025-01-29 | Evans Scott A. | CEO | 25,000 | $43.10 | $1.1M | Sale | SEC |
| 2024-08-28 | Petrie Michael F. | CEO | 22,050 | $45.34 | $999,747 | Sale | SEC |
| 2024-08-27 | Rogers Randall D. | Officer | 150,000 | $45.50 | $6.8M | Sale | SEC |
| 2024-08-22 | Rogers Randall D. | Officer | 75,000 | $44.00 | $3.3M | Sale | SEC |
Showing the latest 15 of 27 sales of $50,000+ since 2016.
Compiled automatically from public SEC filings. Not investment advice. Get every new insider purchase in the daily report.
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