• Merchants Bancorp Chairman and CEO Michael F. Petrie disclosed sales of 28,334 common shares on May 5-6 at USD 46.75-46.86.
• Directly held common shares fell to 1,864,994 following transactions.
• Separate filing line showed sale of 10,696 shares held indirectly via spouse as trustee of The Petrie Grandchildren Trust, leaving 736,013 shares in that vehicle.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Merchants Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001718348-26-000008), on May 07, 2026, and is solely responsible for the information contained therein.