CAO Darin buys 3,353 shares at blended $29.71 across two separate transactions totaling $99,627.80
Thomas Darin L., Chief Accounting Officer of Merchants Bancorp, executed two separate purchases totaling 3,353 shares for $99,627.80 on August 22, 2025. The post-transaction holding of 1,103 shares reflects a net change of 3,353 shares purchased. The blended average price of $29.71 sits between the current price of $32.32 and the 52-week low of $29.18, positioning the transaction near the lower end of recent price action. With the stock down 31.5% from its 52-week high of $47.16 and trading at a P/E of 5.86 against net income of $37,981,000.00, the company remains fundamentally profitable; the insider's decision to purchase at this price level is the substantive fact for investors to evaluate.