The $994K in insider sales is too small relative to MBIN's $2.5B market cap to carry a bearish signal. Monitor for larger-scale selling (>0.5% of market cap) or a cluster of C-suite buys to indicate a shift in insider conviction. The CEO gift is non-economic and irrelevant to trading.
Price Chart
Executive Summary
Two MBIN insiders (Chairman/CEO Petrie and Director Kaercher) sold a combined $994K in open-market sales on July 30, 2026, at $55.20/share. A separate CEO gift of 3,700 shares (non-cash) occurred on Aug 5. The $994K represents ~0.04% of MBIN's $2.5B market cap — well below the 0.1% materiality threshold for insider sales. Per academic literature, cluster sales are not reliably informative, and the dollar amount is trivial relative to company size.
Key Financial Metrics
Key Facts
- Chairman/CEO Michael Petrie sold 9,000 shares for $497K on July 30
- Director Julia Kaercher sold 9,000 shares for $497K on July 30
- Total open-market sales: $994K, or ~0.04% of MBIN's $2.5B market cap
- CEO Michael Dury gifted 3,700 shares (non-cash, $0 value) on Aug 5
- No 10b5-1 plan or vesting pattern noted — sales appear opportunistic but immaterial in size
Financial Impact
$994K in insider sales, representing 0.04% of market cap — immaterial
Risk Factors
- Insider sales are small and likely liquidity-driven; no material risk signaled
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MBIN-1786169058300 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 31, 2026 12w ago | Insider Cluster | $55.72 $52.64 | ▼ −5.53% | ▼ −6.77% | $49.85 (−10.53%) |
Jul 31, 2026 12w ago | Insider Cluster | $55.72 $52.64 | ▼ −5.53% | ▼ −6.77% | $49.85 (−10.53%) |
Jun 11, 2026 19w ago | Institutional Cluster | $50.11 $48.02 | ▼ −4.17% | ▼ −5.95% | $49.85 (−0.51%) |
US Market Status
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