144/A 0001949846-25-000564 0001718348 XXXXXXXX LIVE 0001629019 Merchants Bancorp 001-38258 410 MONON BLVD CARMEL IN 46032 3175697420 Petrie Michael F. Officer Preferred Charles Schwab & Co., Inc.

3000 Schwab Way Westlake TX 76262

50000 1004500.00 7847233 11/07/2025 Nasdaq Preferred 05/06/2021 Open market purchase Michael F. Petrie N 100000 05/06/2021 Cash Y 2A) The Michael F. Petrie Rev Tr 12/27/2019, Michael F. Petrie TTEE This is an amendment to the 11/6/2025 SEC 144 filing - updated to preferred from common stock 11/07/2025 Michael F. Petrie TTEE for The Michael F. Petrie Rev Tr