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Insider Trends: Merchants Bancorp Insider Gets Stock Award, Trend of Buys Extended

05/10/2021 12:36

04:29 PM EDT, 05/10/2021 (MT Newswires) -- Michael R Dury, CEO of Merchants Capital, received a stock award of 12,000 Merchants Bancorp (MBIN) shares Apr 15, 2021 which had an approximate daily closing price value of $535,800. Dury, following the transactions disclosed in the Form 4 SEC filing, owns 12,000 shares of company stock, which have a market value of $535,800 as of the prior-day closing price.

During the most recent 90-day period, prior to the date of this filing, there have been 7 insider transactions from the activities of 5 separate insiders all of which have been purchases and resulted in the acquisition of 42,688 company shares. This compares with the preceding 90-day window of time where there were 22 transactions from 10 insiders and resulted in the net disposition of 36,590 shares.

This level of insider transactions is less than the peer group average in the 394-company Banks peer group over the last 90-day period. Activity in the peer group averaged 105.5 transactions per company, with company insiders acquiring on average 7,438 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1629019/000156218021003363/xslF345X03/primarydocument.xml

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