{"transactions":[{"id":692749,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2026-08-07T20:27:55.000Z","date":"2026-08-05","kind":"gift","planned":false,"acquired":false,"shares":3700,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes 6,607 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,829 vesting 2/1/2027 and 1,778 vesting 2/1/2028."}],"balance_after":120702,"source":{"system":"sec-edgar","filing":"0001718356-26-000005","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000171835626000005/primarydocument.xml","form_type":"4"}},{"id":747462,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2026-06-05T15:01:02.000Z","date":"2026-06-03","kind":"gift","planned":false,"acquired":false,"shares":10700,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes 6,607 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,829 vesting 2/1/2027 and 1,778 vesting 2/1/2028."}],"balance_after":124402,"source":{"system":"sec-edgar","filing":"0001718356-26-000003","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000171835626000003/primarydocument.xml","form_type":"4"}},{"id":921015,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2026-02-03T21:22:02.000Z","date":"2026-02-01","kind":"tax_withholding","planned":false,"acquired":false,"shares":2972,"price":41.46,"value":123219.12,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 6,607 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,829 vesting 2/1/2027 and 1,778 vesting 2/1/2028."}],"balance_after":135102,"source":{"system":"sec-edgar","filing":"0001718356-26-000001","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000171835626000001/primarydocument.xml","form_type":"4"}},{"id":1009400,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-11-03T22:37:43.000Z","date":"2025-10-30","kind":"purchase","planned":false,"acquired":true,"shares":15500,"price":31.64,"value":490420.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $31.50 to $31.77 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 13,378 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":138074,"source":{"system":"sec-edgar","filing":"0001718356-25-000003","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000171835625000003/primarydocument.xml","form_type":"4"}},{"id":1078133,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-08-01T00:57:07.000Z","date":"2025-07-30","kind":"purchase","planned":false,"acquired":true,"shares":4235,"price":31.86,"value":134927.1,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $31.83 to $31.92 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 13,378 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":122574,"source":{"system":"sec-edgar","filing":"0001562180-25-005605","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218025005605/primarydocument.xml","form_type":"4"}},{"id":1078132,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-08-01T00:57:07.000Z","date":"2025-07-30","kind":"purchase","planned":false,"acquired":true,"shares":11765,"price":31.45,"value":370009.25,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.83 to $31.83 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 13,378 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":118339,"source":{"system":"sec-edgar","filing":"0001562180-25-005605","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218025005605/primarydocument.xml","form_type":"4"}},{"id":1160735,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-05-02T12:31:02.000Z","date":"2025-05-01","kind":"purchase","planned":false,"acquired":true,"shares":3305,"price":30.86,"value":101992.3,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.47 to $31.08 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 13,378 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":106574,"source":{"system":"sec-edgar","filing":"0001562180-25-003461","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218025003461/primarydocument.xml","form_type":"4"}},{"id":1162260,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-05-01T12:40:44.000Z","date":"2025-04-30","kind":"purchase","planned":false,"acquired":true,"shares":3280,"price":30.37,"value":99613.6,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.18 to $30.55 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 13,378 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":103269,"source":{"system":"sec-edgar","filing":"0001562180-25-003409","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218025003409/primarydocument.xml","form_type":"4"}},{"id":1162259,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-05-01T12:40:44.000Z","date":"2025-04-30","kind":"purchase","planned":false,"acquired":true,"shares":1920,"price":29.89,"value":57388.8,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.17 to $30.17 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 13,378 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":99989,"source":{"system":"sec-edgar","filing":"0001562180-25-003409","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218025003409/primarydocument.xml","form_type":"4"}},{"id":1283681,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-02-04T22:45:59.000Z","date":"2025-02-01","kind":"tax_withholding","planned":false,"acquired":false,"shares":3758,"price":41.93,"value":157572.94,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 13,378 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":98069,"source":{"system":"sec-edgar","filing":"0001562180-25-000912","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218025000912/primarydocument.xml","form_type":"4"}},{"id":1291655,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2025-01-29T21:32:55.000Z","date":"2025-01-28","kind":"grant","planned":false,"acquired":true,"shares":5334,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 1,778 vesting 2/1/2026; 1,778 vesting 2/1/2027, and 1,778 vesting 2/1/2028."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 21,918 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028."}],"balance_after":101827,"source":{"system":"sec-edgar","filing":"0001562180-25-000661","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218025000661/primarydocument.xml","form_type":"4"}},{"id":1353793,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2024-11-22T13:45:25.000Z","date":"2024-11-21","kind":"purchase","planned":false,"acquired":true,"shares":2700,"price":39.21,"value":105867.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $39.06 to $39.45 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 16,584 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027."}],"balance_after":96493,"source":{"system":"sec-edgar","filing":"0001562180-24-007862","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024007862/primarydocument.xml","form_type":"4"}},{"id":1440375,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2024-08-05T20:32:36.000Z","date":"2024-08-05","kind":"purchase","planned":false,"acquired":true,"shares":1900,"price":39.11,"value":74309.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $38.97 to $39.32 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 16,584 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027."}],"balance_after":93793,"source":{"system":"sec-edgar","filing":"0001562180-24-005986","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024005986/primarydocument.xml","form_type":"4"}},{"id":1440374,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2024-08-05T20:32:36.000Z","date":"2024-08-05","kind":"purchase","planned":false,"acquired":true,"shares":3300,"price":38.48,"value":126984.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $37.96 to $38.96 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 16,584 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027."}],"balance_after":91893,"source":{"system":"sec-edgar","filing":"0001562180-24-005986","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024005986/primarydocument.xml","form_type":"4"}},{"id":1445084,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2024-08-01T01:50:42.000Z","date":"2024-07-31","kind":"purchase","planned":false,"acquired":true,"shares":4400,"price":45.04,"value":198176.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $44.70 to $45.64 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 16,584 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027."}],"balance_after":88593,"source":{"system":"sec-edgar","filing":"0001562180-24-005912","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024005912/primarydocument.xml","form_type":"4"}},{"id":1445083,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2024-08-01T01:50:42.000Z","date":"2024-07-31","kind":"purchase","planned":false,"acquired":true,"shares":1600,"price":44.23,"value":70768.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $43.70 to $44.67 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 16,584 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027."}],"balance_after":84193,"source":{"system":"sec-edgar","filing":"0001562180-24-005912","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024005912/primarydocument.xml","form_type":"4"}},{"id":1508496,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Series A Preferred Stock","published_at":"2024-05-20T12:42:00.000Z","date":"2024-04-01","kind":"disposition_to_issuer","planned":false,"acquired":false,"shares":4000,"price":25,"value":100000.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Redemption by the issuer of all outstanding shares of Series A preferred stock at the liquidation preference prescribed by the issuer's Articles."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001562180-24-004180","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024004180/primarydocument.xml","form_type":"4"}},{"id":1660700,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2024-02-02T21:10:56.000Z","date":"2024-02-01","kind":"tax_withholding","planned":false,"acquired":false,"shares":3692,"price":42.17,"value":155691.64,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 16,584 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027."}],"balance_after":82593,"source":{"system":"sec-edgar","filing":"0001562180-24-000974","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024000974/primarydocument.xml","form_type":"4"}},{"id":1669234,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2024-01-26T22:24:13.000Z","date":"2024-01-24","kind":"grant","planned":false,"acquired":true,"shares":9153,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes 24,960 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,376 vesting 2/1/2024; 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027."}],"balance_after":86285,"source":{"system":"sec-edgar","filing":"0001562180-24-000679","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218024000679/primarydocument.xml","form_type":"4"}},{"id":1749343,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Series C Depositary Shares","published_at":"2023-11-03T21:21:03.000Z","date":"2023-11-02","kind":"purchase","planned":false,"acquired":true,"shares":14000,"price":18.26,"value":255640.0,"ownership":{"direct":true},"balance_after":26000,"source":{"system":"sec-edgar","filing":"0001562180-23-007558","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218023007558/primarydocument.xml","form_type":"4"}},{"id":2032048,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2023-02-04T00:43:21.000Z","date":"2023-02-01","kind":"tax_withholding","acquired":false,"shares":3755,"price":30.05,"value":112837.75,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 15,807 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,376 vesting 2/1/2024; 5,489 vesting 2/1/2025; and 1,942 vesting 2/1/2026."}],"balance_after":95332,"source":{"system":"sec-edgar","filing":"0001562180-23-000993","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218023000993/primarydocument.xml","form_type":"4"}},{"id":2032047,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2023-02-04T00:43:21.000Z","date":"2022-12-15","kind":"gift","acquired":false,"shares":19500,"price":24.65,"value":480675.0,"ownership":{"direct":true},"balance_after":99087,"source":{"system":"sec-edgar","filing":"0001562180-23-000993","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218023000993/primarydocument.xml","form_type":"4"}},{"id":2044672,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2023-01-26T21:14:49.000Z","date":"2023-01-24","kind":"grant","acquired":true,"shares":5827,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 1,943 vesting 2/1/2024; 1,942 vesting 2/1/2025, and 1,942 vesting 2/1/2026."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 24,344 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,537 vesting 2/1/2023; 8,376 vesting 2/1/2024; 5,489 vesting 2/1/2025; and 1,942 vesting 2/1/2026."}],"balance_after":118587,"source":{"system":"sec-edgar","filing":"0001562180-23-000607","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218023000607/primarydocument.xml","form_type":"4"}},{"id":2083262,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2022-12-16T21:11:49.000Z","date":"2022-12-15","kind":"purchase","acquired":true,"shares":9500,"price":24.62,"value":233890.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.40 to $24.90 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 18,517 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,537 vesting 2/1/2023; 6,433 vesting 2/1/2024; and 3,547 vesting 2/1/2025."}],"balance_after":112760,"source":{"system":"sec-edgar","filing":"0001562180-22-008337","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218022008337/primarydocument.xml","form_type":"4"}},{"id":2086120,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2022-12-14T23:13:33.000Z","date":"2022-12-14","kind":"grant","acquired":true,"shares":10000,"price":25.1,"value":251000.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.85 to $25.34 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 18,517 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,537 vesting 2/1/2023; 6,433 vesting 2/1/2024; and 3,547 vesting 2/1/2025."}],"balance_after":103260,"source":{"system":"sec-edgar","filing":"0001562180-22-008296","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218022008296/primarydocument.xml","form_type":"4"}},{"id":2151725,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Series D Depositary Shares","published_at":"2022-09-23T20:09:15.000Z","date":"2022-09-22","kind":"purchase","acquired":true,"shares":4000,"price":25,"value":100000.0,"ownership":{"direct":true},"balance_after":4000,"source":{"system":"sec-edgar","filing":"0001562180-22-006803","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218022006803/primarydocument.xml","form_type":"4"}},{"id":2265152,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2022-05-19T01:21:37.000Z","date":"2022-05-13","kind":"purchase","acquired":true,"shares":4500,"price":23.26,"value":104670.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.07 to $23.37 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"includes 18,517 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,537 vesting 2/1/2023; 6,433 vesting 2/1/2024; and 3,547 vesting 2/1/2025."}],"balance_after":93260,"source":{"system":"sec-edgar","filing":"0001562180-22-004225","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218022004225/primarydocument.xml","form_type":"4"}},{"id":2412860,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2022-02-03T21:51:21.000Z","date":"2022-02-01","kind":"tax_withholding","acquired":false,"shares":3052,"price":30.4,"value":92780.8,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"includes 18,517 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,537 vesting 2/1/2023; 6,433 vesting 2/1/2024; and 3,547 vesting 2/1/2025."}],"balance_after":88760,"source":{"system":"sec-edgar","filing":"0001562180-22-001049","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218022001049/primarydocument.xml","form_type":"4"}},{"id":2424906,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2022-01-26T21:16:23.000Z","date":"2022-01-24","kind":"grant","acquired":true,"shares":10641,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 3,547 vesting 2/1/2023; 3,547 vesting 2/1/2024, and 3,547 vesting 2/1/2025."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"includes 25,467unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,949 vesting 2/1/2022; 8,538 vesting 2/1/2023; 6,433 vesting 2/1/2024; and 3,547 vesting 2/1/2025."}],"balance_after":91831,"source":{"system":"sec-edgar","filing":"0001562180-22-000684","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218022000684/primarydocument.xml","form_type":"4"}},{"id":2720454,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2021-05-10T20:23:54.000Z","date":"2021-02-03","kind":"grant","acquired":true,"shares":144.7677,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"By ESOP"},"balance_after":144.7677,"source":{"system":"sec-edgar","filing":"0001562180-21-003363","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218021003363/primarydocument.xml","form_type":"4"}},{"id":2720453,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Series C Depositary Shares","published_at":"2021-05-10T20:23:54.000Z","date":"2021-05-06","kind":"grant","acquired":true,"shares":12000,"price":25,"value":300000.0,"ownership":{"direct":true},"balance_after":12000,"source":{"system":"sec-edgar","filing":"0001562180-21-003363","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218021003363/primarydocument.xml","form_type":"4"}},{"id":2720452,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"8% Non-Cumulative, Perpetual Preferred Stock","published_at":"2021-05-10T20:23:54.000Z","date":"2021-04-15","kind":"disposition_to_issuer","acquired":false,"shares":300,"price":1000,"value":300000.0,"ownership":{"direct":true},"balance_after":0,"source":{"system":"sec-edgar","filing":"0001562180-21-003363","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218021003363/primarydocument.xml","form_type":"4"}},{"id":2884558,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2021-02-02T21:12:06.000Z","date":"2021-02-01","kind":"tax_withholding","acquired":false,"shares":1184,"price":31.92,"value":37793.28,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 9,883 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,632 vesting 2/1/2022; 3,327 vesting 2/1/2023; and 1,924 vesting 2/1/2024"}],"balance_after":54114,"source":{"system":"sec-edgar","filing":"0001562180-21-000726","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218021000726/primarydocument.xml","form_type":"4"}},{"id":2900236,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2021-01-21T21:09:23.000Z","date":"2021-01-19","kind":"grant","acquired":true,"shares":5772,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 1,924 vesting 2/1/2022; 1,924 vesting 2/1/2023, and 1,924 vesting 2/1/2024."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 12,590 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 2,707 vesting 2/1/2021;\n4,632 vesting 2/1/2022;\n3,327 vesting 2/1/2023; and\n1,924 vesting 2/1/2024"}],"balance_after":55298,"source":{"system":"sec-edgar","filing":"0001562180-21-000422","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218021000422/primarydocument.xml","form_type":"4"}},{"id":2962377,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2020-12-02T02:07:46.000Z","date":"2020-11-30","kind":"tax_withholding","acquired":false,"shares":2289,"price":26.64,"value":60978.96,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 6,818 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 2,707 vesting 2/1/2021; 2,708 vesting 2/1/2022; and 1,403 vesting 2/1/2023."}],"balance_after":49526,"source":{"system":"sec-edgar","filing":"0001562180-20-006993","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218020006993/primarydocument.xml","form_type":"4"}},{"id":3208180,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2020-03-17T01:54:43.000Z","date":"2020-03-15","kind":"tax_withholding","acquired":false,"shares":570,"price":16.05,"value":9148.5,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 12,055 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 5,237 vesting 11/30/2020; 2,707 vesting 2/1/2021; 2,708 vesting 2/1/2022; and 1,403 vesting 2/1/2023."}],"balance_after":51815,"source":{"system":"sec-edgar","filing":"0001562180-20-002560","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218020002560/primarydocument.xml","form_type":"4"}},{"id":3302418,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO of Merchants Capital"}}],"security":"Common Stock","published_at":"2020-01-24T21:02:53.000Z","date":"2020-01-22","kind":"grant","acquired":true,"shares":4209,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 1,403 vesting 2/1/2021; 1,403 vesting 2/1/2022, and 1,403 vesting 2/1/2023."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"includes 13,359 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 1,304 vesting 3/15/2020; 5,237 vesting 11/30/2020; 2,707 vesting 2/1/2021; 2,708 vesting 2/1/2022; and 1,403 vesting 2/1/2023."}],"balance_after":52385,"source":{"system":"sec-edgar","filing":"0001562180-20-000540","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218020000540/primarydocument.xml","form_type":"4"}},{"id":3321378,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President of Merchants Capital"}}],"security":"Common Stock","published_at":"2020-01-03T21:10:10.000Z","date":"2020-01-02","kind":"sale","acquired":false,"shares":2500,"price":19.6956,"value":49239.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"These shares were part of an automatic sell to cover transaction to satisfy tax withholding obligations in connection with the vesting of restricted stock units and do no represent discretionary trades by the reporting person."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.70 to $19.56 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"includes 9,150 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 5,237 vesting 12/31/2020 and 3,913 vesting 12/31/2021."}],"balance_after":48176,"source":{"system":"sec-edgar","filing":"0001562180-20-000122","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218020000122/primarydocument.xml","form_type":"4"}},{"id":3407578,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President of Merchants Capital"}}],"security":"Series A Preferred Stock","published_at":"2019-09-24T00:40:37.000Z","date":"2019-09-23","kind":"disposition_to_issuer","acquired":false,"shares":40000,"price":25,"value":1000000.0,"ownership":{"direct":true},"balance_after":4000,"source":{"system":"sec-edgar","filing":"0001562180-19-004933","document":"primarydocument.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000156218019004933/primarydocument.xml","form_type":"4"}},{"id":3414725,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President of Merchants Capital"}}],"security":"Common Stock","published_at":"2019-09-13T20:09:46.000Z","date":"2019-09-12","kind":"purchase","acquired":true,"shares":1514,"price":16.5957,"value":25125.8898,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.14 to $16.79 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"includes 14,579 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 5,429 vesting 12/31/2019; 5,237 vesting 12/31/2020; and 3,913 vesting 12/31/2021."}],"balance_after":50676,"source":{"system":"sec-edgar","filing":"0001104659-19-050134","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465919050134/a4.xml","form_type":"4"}},{"id":3414724,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President of Merchants Capital"}}],"security":"Common Stock","published_at":"2019-09-13T20:09:46.000Z","date":"2019-09-11","kind":"purchase","acquired":true,"shares":10486,"price":16.73,"value":175430.78,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.44 to $17.21 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"includes 14,579 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 5,429 vesting 12/31/2019; 5,237 vesting 12/31/2020; and 3,913 vesting 12/31/2021."}],"balance_after":49162,"source":{"system":"sec-edgar","filing":"0001104659-19-050134","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465919050134/a4.xml","form_type":"4"}},{"id":3474291,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President of Merchants Capital"}}],"security":"Series A Preferred Stock","published_at":"2019-07-01T20:11:25.000Z","date":"2019-06-27","kind":"grant","acquired":true,"shares":40000,"price":25,"value":1000000.0,"ownership":{"direct":true},"balance_after":44000,"source":{"system":"sec-edgar","filing":"0001104659-19-038635","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465919038635/a4.xml","form_type":"4"}},{"id":3578051,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Pres. of Merchants Capital"}}],"security":"Series A Preferred Stock","published_at":"2019-03-26T20:53:50.000Z","date":"2019-03-22","kind":"purchase","acquired":true,"shares":4000,"price":25,"value":100000.0,"ownership":{"direct":true},"balance_after":4000,"source":{"system":"sec-edgar","filing":"0001104659-19-017454","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465919017454/a4.xml","form_type":"4"}},{"id":3634967,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President of Merchants Capital"}}],"security":"Common Stock","published_at":"2019-02-25T21:06:09.000Z","date":"2019-02-21","kind":"grant","acquired":true,"shares":3913,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting on 12/31/2021 and shares are issued"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"includes 14,579 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 5,429 vesting 12/31/2019; 5,237 vesting 12/31/2020; and 3,913 vesting 12/31/2021"}],"balance_after":38676,"source":{"system":"sec-edgar","filing":"0001104659-19-010333","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465919010333/a4.xml","form_type":"4"}},{"id":3690409,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President of Merchants Capital"}}],"security":"Common Stock","published_at":"2019-01-22T21:05:36.000Z","date":"2019-01-18","kind":"grant","acquired":true,"shares":1336,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"includes 10,666 unvested shares for which the reporting person does not have voting rights or receive dividends until vested: 5,429 vesting 12/31/2019 and 5,237 vesting 12/31/2020"}],"balance_after":34763,"source":{"system":"sec-edgar","filing":"0001104659-19-002727","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465919002727/a4.xml","form_type":"4"}},{"id":4032886,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Pres P/R Mortgage & Invest (A)"}}],"security":"Common Stock","published_at":"2018-02-26T21:20:03.000Z","date":"2018-02-22","kind":"grant","acquired":true,"shares":6737,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of restricted stock vests: 750 shares on 2/22/2019; 750 shares on 12/31/2019; and 5,237 shares on 12/31/2020."}],"balance_after":28748,"source":{"system":"sec-edgar","filing":"0001179110-18-002836","document":"edgar.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000117911018002836/edgar.xml","form_type":"4"}},{"id":4092127,"issuer":{"id":4382,"kind":"organization","name":"Merchants Bancorp"},"owners":[{"id":25342,"kind":"person","name":"Dury Michael R.","position":1,"cik":"0001718356","reported_name":"Dury Michael R.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Pres P/R Mortgage & Invest (1)"}}],"security":"Common Stock","published_at":"2018-01-23T22:30:39.000Z","date":"2018-01-19","kind":"grant","acquired":true,"shares":1336,"price":0,"value":0.0,"ownership":{"direct":true},"balance_after":22011,"source":{"system":"sec-edgar","filing":"0001179110-18-001024","document":"edgar.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1629019/000117911018001024/edgar.xml","form_type":"4"}}]}