Merchants Bancorp CEO Disposes $439,531 in Series C Shares as Board Clears $100M Buyback Plan
Merchants Bancorp Chairman and CEO Michael F. Petrie sold 21,759 Series C Depositary Shares across two trades in early February 2026, raising $439,531. The sales occurred as the stock traded near its 52-week high and after strong recent returns. Separately, the company’s board approved a $100 million repurchase program that runs through December 31…