Company insider dossier

Merchants Bancorp insider intelligence

MBIN filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.

Terminal chart Weekly report Factor intelligence Financial Services Banks - Regional Data API
37/100

Distribution bias

72/100 confidence
Exchange
NASDAQ
Sector
Financial Services
Industry
Banks - Regional
Latest evidence
5 Aug 2026

Investment committee read

Distribution bias

Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.

Demand a stronger confirmation bar

Evidence in favour

  • Participation spans 11 named insiders rather than one filing source.

Decision risks

  • Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
Conviction37Distribution bias
Confidence72Well supported
Named insiders11participating in the tape
Controlled events5directional common-share events
Acquisition value$122.8Knormalized amount
Disposal value$2.8Mnormalized amount

Price confirmation map

Weekly price with common-share events

Acquisitions and disposals are aligned to the nearest completed weekly bar.

55.1848.6042.0235.4528.87 Disposal · 5 Aug 2026 · Not reportedDisposal · 30 Jul 2026 · $496.8KDisposal · 30 Jul 2026 · $496.8KDisposal · 3 Jun 2026 · Not reportedAcquisition · 21 May 2026 · $17.5KAcquisition · 21 May 2026 · $17.5KAcquisition · 21 May 2026 · $17.5KAcquisition · 21 May 2026 · $17.5KAcquisition · 21 May 2026 · $17.5KAcquisition · 21 May 2026 · $17.5KAcquisition · 21 May 2026 · $17.5KDisposal · 15 May 2026 · Not reportedDisposal · 7 May 2026 · Not reportedDisposal · 6 May 2026 · $390.5KDisposal · 5 May 2026 · $935.0KDisposal · 5 May 2026 · $500.0K
Feb 2025Aug 2026
Weekly closeCommon-share acquisitionCommon-share disposal

Market confirmation

Price and trend context

Latest close
54.25 USD
One-week move
-1.7%
Four-week move
+13.0%
Fair-value gap
+42.0%
Trend signal
Active
Relative strength
19.0

Directional balance

Controlled event mix

20.0%acquisition
Acquisition events
1
Disposal events
4
Net value
-$2.7M

Cadence

Twelve-week filing pressure

Volume shows attention. Controlled events determine direction.

025 May
101 Jun
008 Jun
015 Jun
022 Jun
029 Jun
006 Jul
013 Jul
020 Jul
227 Jul
103 Aug
010 Aug

Named participants

Insider conviction by person

CATCHINGS, TAMIKADirector721 events
CURLESS, MICHAEL SDirector721 events
DINWIDDIE, THOMASDirector721 events
JUSTER, ANDREWDirector721 events
O'BRIEN, PATRICK D.Director721 events
SELLERS, ANNE E.Director721 events
SHAFFER, MARK E.Director721 events
DURY, MICHAEL R.CEO of Merchants Capital500 events
LANGFORD, KEVIN TChief Administrative Officer500 events
KAERCHER, JULIA L.Director281 events
PETRIE, MICHAEL F.Director, Chairman and CEO, 10% Owner204 events

Evidence quality

Security and transaction context

Common equity16
Equity compensation0
Options and derivatives0
Other securities0

Role architecture

Who is participating

Director8
CEO and chair7
Other executive1

Transaction evidence

Auditable MBIN filing ledger

Showing 1 to 16 of 16.

DURY, MICHAEL R.CEO of Merchants Capital
DisposalCommon equity
3700 sharesCommon Stock
Not reportedContext evidence
KAERCHER, JULIA L.Director
DisposalCommon equity
9000 sharesCommon Stock
$496.8KDirectional evidence
PETRIE, MICHAEL F.Director, Chairman and CEO, 10% Owner
DisposalCommon equity
9000 sharesCommon Stock
$496.8KDirectional evidence
DURY, MICHAEL R.CEO of Merchants Capital
DisposalCommon equity
10700 sharesCommon Stock
Not reportedContext evidence
CATCHINGS, TAMIKADirector
AcquisitionCommon equity
381 sharesCommon Stock
$17.5KDirectional evidence
CURLESS, MICHAEL SDirector
AcquisitionCommon equity
381 sharesCommon Stock
$17.5KDirectional evidence
DINWIDDIE, THOMASDirector
AcquisitionCommon equity
381 sharesCommon Stock
$17.5KDirectional evidence
JUSTER, ANDREWDirector
AcquisitionCommon equity
381 sharesCommon Stock
$17.5KDirectional evidence
O'BRIEN, PATRICK D.Director
AcquisitionCommon equity
381 sharesCommon Stock
$17.5KDirectional evidence
SELLERS, ANNE E.Director
AcquisitionCommon equity
381 sharesCommon Stock
$17.5KDirectional evidence
SHAFFER, MARK E.Director
AcquisitionCommon equity
381 sharesCommon Stock
$17.5KDirectional evidence
PETRIE, MICHAEL F.Director, Chairman and CEO, 10% Owner
DisposalCommon equity
16000 sharesCommon Stock
Not reportedContext evidence
LANGFORD, KEVIN TChief Administrative Officer
DisposalCommon equity
650 sharesCommon Stock
Not reportedContext evidence
PETRIE, MICHAEL F.Director, Chairman and CEO, 10% Owner
DisposalCommon equity
8334 sharesCommon Stock
$390.5KDirectional evidence
PETRIE, MICHAEL F.Director, Chairman and CEO, 10% Owner
DisposalCommon equity
20000 sharesCommon Stock
$935.0KDirectional evidence
PETRIE, MICHAEL F.Director, Chairman and CEO, 10% Owner
DisposalCommon equity
10696 sharesCommon Stock
$500.0KDirectional evidence

Reading the dossier

Direction and confidence are separate

Conviction

The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.

Confidence

Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.

Disposals

Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.

Price confirmation

The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.

Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.

Evidence context