Disclosure timeline4 days from execution to publication · legal deadline 2 business days
Aug 20 executedAug 24, 2026 disclosed
MBIN · daily
Yahoo Finance chart API
◉This trade, on the day it was made▼Disclosure●Material company filing◯Other disclosed buy◯Other disclosed sellUnofficial public endpoint; daily OHLCV, split-adjusted. Replace with a licensed feed for production.
Grant or award — administrative, little informational value
Relative size+13 / 25
$18K reported value · 86.1% of prior position
Filing timing0 / 15
Disclosed 2 business days after execution (deadline: 2)
Historical behavior+8 / 15
First recorded trade by this actor in this security
Frequency & clustering0 / 15
No clustered activity in the dataset
Market events0 / 10
No material company filing within 60 days after the trade
The Insider Score measures how far a disclosure deviates from normal filing patterns. A high score is a prompt for research, not evidence of illegal insider trading.
Shaffer Mark E. filed this Form 4 reporting a grant or award of MBIN on Aug 20, 2026. It became public on Aug 24, 2026. The filing establishes the reported transaction and the filer's stated role. It does not establish why the trade was made or what the filer knew.
Extraction
Method
Form 4 XML
Confidence
1.00
Director
Shaffer Mark E.cik:0002135516
Issuer
Merchants Bancorpcik:0001629019
Revision history · 0
No field has changed since this record was first ingested.
