Merchants Bancorp — Director's Dealing 2024

May 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2024-04-01

Reporting Person: Schroeter Martin A (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-04-01	Series A Preferred Stock	D	1600.00	$25.00	Disposed	0.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18809.00	Direct

Footnotes

F1: Redemption by the issuer of all outstanding shares of Series A preferred stock at the liquidation preference prescribed by the issuer's Articles.

F2: Includes 6,040 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,439 vesting 2/1/2025 and 1,601 vesting 2/1/2026