Michael F. Petrie's Ownership in Merchants Bancorp

Michael F. Petrie, Chairman and CEO of Merchants Bancorp, reported his ownership of the company's securities as of August 1, 2025. Petrie holds a significant amount of common stock directly and indirectly through various trusts managed by his spouse. The total common stock holdings include 2,111,868 shares owned by his spouse, 1,425,000 shares through the Emily J. Petrie Irrevocable GST Trust 2010, 2,611,424 shares through the Emily J. Petrie Irrevocable Trust - 2010, 1,425,000 shares through the Julia L. Petrie Irrevocable GST Trust 2010, 2,410,152 shares through the Julia L. Petrie Irrevocable Trust - 2010, and 724,729 shares through The Petrie Grandchildren Trust. Additionally, Petrie directly owns 1,919,428 shares of common stock, which includes 58,203 unvested restricted stock units. He also holds 100,000 Series C Depositary Shares. The filing indicates that Petrie is a ten percent owner, director, and officer of the company.