Are insiders buying MBIN stock?

Yes — 8 distinct insiders have bought MBIN (Merchants Bancorp) on the open market, including 3 cluster buys where two or more insiders bought within a rolling window. The most recent qualifying activity was Nov 3, 2025.

How much MBIN stock have insiders bought?

Insiders have bought a combined $4.1M of MBIN across 18 open-market purchases, based on SEC Form 4 filings.

What is an insider cluster buy in MBIN?

A cluster buy is two or more distinct Merchants Bancorp insiders — officers, directors, or 10% owners — each buying MBIN on the open market within a rolling window. MBIN has 3 detected cluster buys to date.

Where does this MBIN insider trading data come from?

Every figure is parsed directly from SEC Form 4 filings on EDGAR, and each purchase on this page links back to its original filing document.

MBIN insider buying

3 cluster buys

Merchants Bancorp · Financials

When two or more insiders at Merchants Bancorp buy MBIN on the open market around the same time, that clustered conviction is one of the highest-signal patterns in SEC filing data. Below is every cluster we've detected in MBIN plus the full record of qualifying open-market buys, each parsed directly from Form 4 filings and linked back to the source on SEC EDGAR.

Clusters

Distinct insiders

Total bought

$4.1M

Market cap

$2.2B

Detected clusters

Jul 30 – Oct 30, 2025
Detected Oct 30, 2025
High conviction3 insiders
Total bought
$1.2M
Market cap
$2.2B
Apr 29 – May 1, 2025
Detected May 1, 2025
High conviction2 insiders
Total bought
$206.8K
Market cap
$2.2B
Nov 18 – Nov 21, 2024
Detected Nov 21, 2024
High conviction2 insiders
Total bought
$2.1M
Market cap
$2.2B

All notable open-market buys in MBIN

Every open-market Form 4 purchase, newest first. Click an insider to see their full buying record across companies.

Date	Insider	Shares	Price	Value	Filing
Oct 30, 2025	Dury Michael R.cluster CEO of Merchants Capital	15,500	$31.64	$490.4K	SEC ↗
Sep 15, 2025	Sievers Sean A.cluster CHIEF FINANCIAL OFFICER	3,000	$24.87	$74.6K	SEC ↗
Aug 22, 2025	Thomas Darin L.cluster Chief Accounting Officer	2,250	$33.20	$74.7K	SEC ↗
Aug 22, 2025	Thomas Darin L.cluster Chief Accounting Officer	1,103	$22.60	$24.9K	SEC ↗
Aug 1, 2025	Sievers Sean A.cluster Chief Financial Officer	2,500	$29.75	$74.4K	SEC ↗
Jul 30, 2025	Dury Michael R.cluster CEO of Merchants Capital	11,765	$31.45	$370.0K	SEC ↗
Jul 30, 2025	Dury Michael R.cluster CEO of Merchants Capital	4,235	$31.86	$134.9K	SEC ↗
May 1, 2025	Dury Michael R.cluster CEO of Merchants Capital	3,305	$30.86	$102.0K	SEC ↗
Apr 30, 2025	Dury Michael R. CEO of Merchants Capital	3,280	$30.37	$99.6K	SEC ↗
Apr 30, 2025	Dury Michael R. CEO of Merchants Capital	1,920	$29.89	$57.4K	SEC ↗
Apr 29, 2025	Dunlap Michael J.cluster Director, President, COO	3,429	$30.56	$104.8K	SEC ↗
Nov 21, 2024	Dury Michael R.cluster CEO of Merchants Capital	2,700	$39.21	$105.9K	SEC ↗
Nov 18, 2024	O'Brien Patrick D.cluster Director	40,000	$25.00	$1.0M	SEC ↗
Nov 18, 2024	O'Brien Patrick D.cluster Director	40,000	$25.00	$1.0M	SEC ↗
Nov 18, 2024	Shane David N. Director	2,000	$25.00	$50.0K	SEC ↗
Nov 18, 2024	Catchings Tamika Director	100	$25.00	$2.5K	SEC ↗
Aug 5, 2024	Dury Michael R. CEO of Merchants Capital	3,300	$38.48	$127.0K	SEC ↗
Jul 31, 2024	Dury Michael R. CEO of Merchants Capital	4,400	$45.04	$198.2K	SEC ↗

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MBIN insider buying — FAQ

Are insiders buying MBIN stock?: Yes — 8 distinct insiders have bought MBIN (Merchants Bancorp) on the open market, including 3 cluster buys where two or more insiders bought within a rolling window. The most recent qualifying activity was Nov 3, 2025.
How much MBIN stock have insiders bought?: Insiders have bought a combined $4.1M of MBIN across 18 open-market purchases, based on SEC Form 4 filings.
What is an insider cluster buy in MBIN?: A cluster buy is two or more distinct Merchants Bancorp insiders — officers, directors, or 10% owners — each buying MBIN on the open market within a rolling window. MBIN has 3 detected cluster buys to date.
Where does this MBIN insider trading data come from?: Every figure is parsed directly from SEC Form 4 filings on EDGAR, and each purchase on this page links back to its original filing document.

How we track insider buying in MBIN

We continuously poll SEC EDGAR for new Form 4 filings and parse every open-market purchase (transaction code P). A cluster is recorded when two or more distinct insiders — officers, directors, or 10% owners — each buy MBIN within a rolling window. We track clusters at every company size, from micro-caps to mega-caps. Every figure on this page traces back to an official filing; open any row to jump straight to the source document. What counts as a cluster buy?

This page is informational and reflects public filing data. It is not investment advice or a recommendation regarding MBIN.