David N Shane

Board Member · Merchants Bancorp

Rank #25,883 SEC EDGAR (United States) ↗ Files from United States

Details

Member of the boardBanks & Consumer FinanceMBINSEC CIK 0001718492

Computed from SEC EDGAR filings and closing prices — not copied from any wealth ranking. Dataset . How we calculate this.

Disclosed holdings
$1.2M
1-day change
▲ 0.15%
Positions on file
4
issuers disclosed in Forms 3/4/5 and Schedules 13D/G

Disclosed holdings over time 53 weekly points

What the 1 currently disclosed position would have been worth at each week’s closing price. A rising line means the shares got more valuable, not that this person bought more.

How the line is built

Share counts are as last reported to the SEC and held constant; only prices move.

2025-09-05$727.2K – $1.3M2026-09-04

Insider activity Apr 1, 2024 – Feb 19, 2026

David N Shane is recorded in filings to the U.S. SEC via EDGAR as member of the board, and reported 10 transactions between Apr 1, 2024 and Feb 19, 2026. The buy and sell totals below count only codes P, S.

Why the other codes are excluded

Share awards (A), shares withheld to pay tax (F), option exercises (M) and gifts (G) also appear in the table, but they are consequences of a pay package or a private transfer, not a decision to buy or sell on the open market. Counting them would turn this into a compensation ranking.

Open-market buys (code P)
$50.0K
1 purchase on file priced rows only
Open-market sales (code S)
None
0 sales on file
All reported transactions
10
every code, including awards and exercises
Pattern
Bought and sold in similar amounts
last 12 months of the window

Events from filings

Detected automatically in the filings linked below. Each headline is built from the numbers in those filings, not written by a model. Newest first; events older than 45 days stay listed and are marked as older.

3 insiders bought Merchants Bancorp (MBIN) shares worth $2,155,867 between Nov 18, 2024 and Nov 21, 2024

Cluster buying

3 different insiders made 4 open-market purchases of this company’s shares within a short window. Each row below is one reported trade. At least one price in this event could not be cross-checked against other trades in the same security, so read the total with extra care.

3 insiders bought Merchants Bancorp (MBIN) shares worth $2,155,867 between Nov 18, 2024 and Nov 21, 2024
Date Insider Transaction Shares Price Value Filing
Nov 18, 2024 David N Shane P Open-market purchase 2,000 held after: 2,000 $25.00 $50,000 SEC filing ↗
Nov 18, 2024 Patrick D O'Brien P Open-market purchase 40,000 held after: 40,000 $25.00 $1,000,000 SEC filing ↗
Nov 18, 2024 Patrick D O'Brien P Open-market purchase 40,000 held after: 40,000 $25.00 $1,000,000 SEC filing ↗
Nov 21, 2024 Michael R Dury P Open-market purchase 2,700 held after: 96,493 $39.21 $105,867 SEC filing ↗

Total of the rows above: $2,155,867, in the currency the filings report.

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Reported transactions

Price 0.00 is a real reported figure on gifts (G) and share awards (A) — not a missing number. The 10 most recent rows are grouped into 10 lines by date, company and transaction type — open a line to see every lot with its own source link.

How to read this list

Every row is one line of one Form 4 or Form 5, with the filing it came from. Where the record carries no price at all we leave the cell empty instead of guessing one.

The shares and money on a grouped line add up only the lots listed inside that line, and only when every one of them carries the figure. Where a group mixes more than one reporting currency we leave the money blank rather than convert — no source publishes the rate that conversion would need.

  1. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 377 shares $17.5K at $46.45 SEC filing ↗
  2. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 562 shares $17.5K at $31.17 SEC filing ↗
  3. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 540 shares $17.5K at $32.42 SEC filing ↗
  4. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 536 shares $17.5K at $32.71 SEC filing ↗
  5. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 409 shares $17.5K at $42.82 SEC filing ↗
  6. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 449 shares $17.5K at $39.00 SEC filing ↗
  7. Merchants Bancorp MBIN P Open-market purchase 2,000 shares $50.0K at $25.00 SEC filing ↗
  8. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 430 shares $17.5K at $40.78 SEC filing ↗
  9. Merchants Bancorp MBIN A Grant or awardnot a buy/sell decision 407 shares $17.5K at $43.04 SEC filing ↗
  10. Merchants Bancorp MBIN D Disposition to the issuernot a buy/sell decision 1,000 shares $25.0K at $25.00 SEC filing ↗

Disclosed holdings

Shares is the amount on the form; value is that amount times the closing price shown. Rows with no closing price are left blank, so they may add up to less than the headline figure.

What is not counted here

Each row is one filing you can open. Private companies, real estate, bonds and crypto are not in SEC insider filings and are therefore not counted here.

Equity positions disclosed to the SEC, with the source filing behind each row.
Issuer Ticker Security Shares Close Value Form Reported Filing
Merchants Bancorp MBIN Common Stock 23,527 $52.68 $1.2M 4 EDGAR ↗
Merchants Bancorp — Series C Depositary Shares 2,000 — — 4 EDGAR ↗
Merchants Bancorp — Series D Depositary Shares 2,000 — — 4 EDGAR ↗
Merchants Bancorp — Series E Depositary Shares 2,000 — — 4 EDGAR ↗

Other insiders at the same companies

People who also file with the SEC at a company where David N Shane reports shares.

Sharing a filing does not mean they work together day to day — it means both names appear on the same issuer’s insider record.

Sources

The filings linked in the tables above are the sources for every figure on this page.

Think a number here is wrong? Open the linked filing and compare — how to report it.

Profile record last refreshed Sep 8, 2026.