Merchants Bancorp (MBIN) is a publicly traded company in the Unknown sector. Across all available filings, 27 corporate insiders have executed 462 transactions totaling $43.2M, demonstrating a bearish sentiment with -$14.0M in net insider flow. The most recent transaction on Feb 1, 2026 involved a transaction of 7,766 shares valued at $322.0K.
No significant insider buying has been recorded for MBIN in the recent period.
No significant insider selling has been recorded for MBIN in the recent period.
Based on recent SEC filings, insider sentiment for MBIN is bearish with an Insider Alignment Score of 34/100 and a net flow of -$14.0M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Merchants Bancorp (MBIN) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 27 insiders are actively trading MBIN stock, having executed 462 transactions in the past 90 days. The most active insider is Randall D. Rogers (Executive), who has made 40 transactions totaling $43.8M.
Get notified when executives and directors at MBIN file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Feb 1, 2026 | J. Dunlap Michael | Executive | Payment | 7,766 | $41.46 | $322.0K | |
| Feb 1, 2026 | R. Dury Michael | CEO of Merchants Capital | Payment | 2,972 | $41.46 | $123.2K | C-Suite |
| Feb 1, 2026 | A. Evans Scott | Executive | Payment | 1,817 | $41.46 | $75.3K | |
| Feb 1, 2026 | F. Koors Jerry | Merchants Mortgage President | Payment | 2,140 | $41.46 | $88.7K | |
| Jan 27, 2026 | A. Sievers Sean | CHIEF FINANCIAL OFFICER | Award | 6,427 | $N/A | $0 | C-Suite |
| Jan 27, 2026 | A. Oznick Terry | SVP, General Counsel | Award | 4,216 | $N/A | $0 | |
| Jan 27, 2026 | F. Petrie Michael | Executive | Award | 20,565 | $N/A | $0 | |
| Jan 27, 2026 | J. Dunlap Michael | Executive | Award | 20,051 | $N/A | $0 | |
| Jan 27, 2026 | A. Evans Scott | Executive | Award | 4,011 | $N/A | $0 | |
| Jan 27, 2026 | F. Koors Jerry | Merchants Mortgage President | Award | 5,553 | $N/A | $0 | |
| Jan 27, 2026 | T. Langford Kevin | Chief Administrative Officer | Award | 4,628 | $N/A | $0 | |
| Dec 12, 2025 | F. Petrie Michael | Executive | Sale | 1,380 | $19.00 | $26.2K | |
| Dec 11, 2025 | F. Petrie Michael | Executive | Sale | 5,336 | $19.00 | $101.4K | |
| Dec 10, 2025 | F. Petrie Michael | Executive | Sale | 7,541 | $19.00 | $143.3K | |
| Dec 8, 2025 | F. Petrie Michael | Executive | Sale | 1,129 | $19.03 | $21.5K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Disposition(D) | 19 | $29.7M | 28.3% |
Sale(S) | 55 | $28.6M | 27.1% |
Award(A) | 216 | $26.4M | 25.1% |
Purchase(P) | 73 | $14.6M | 13.9% |
Payment(F) | 54 | $5.5M | 5.2% |
Gift(G) | 43 | $480.7K | 0.5% |
Small Acquisition(L) | 1 | $13 | 0.0% |
Other(J) | 1 | $0 | 0.0% |
Insider selling pressure at Merchants Bancorp has increased, with 27 insiders executing 462 transactions across all time. Total sales of $28.6M significantly outpace purchases of $14.6M, resulting in a net outflow of $14.0M. This selling activity appears largely discretionary, which may warrant closer attention from investors.