Mercantile Bank Corp. (MBWM) Insider Trading
Directors, officers and holders of more than 10% of MBWM report their trades in its stock on SEC Form 4, within two business days. Each row below is one Form 4 transaction line. The one-letter code says what kind of transaction it was: only P (purchase) and S (sale) are open-market or private trades; awards, option exercises, tax withholding and gifts carry other codes.
Recent Form 4 transactions
The 50 most recent of 106 transactions on file: 3 with code P, 2 with code S and 45 with other codes.
| Date | Insider | Title | Code | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 22, 2026 | Sanchez Nelson F | Director | A Award | 36 | Not measured | Not measured |
| May 22, 2026 | Sparks Amy L | Director | A Award | 906 | Not measured | Not measured |
| May 22, 2026 | Sanchez Nelson F | Director | A Award | 715 | Not measured | Not measured |
| May 22, 2026 | MacDonald Richard D | Director | A Award | 715 | Not measured | Not measured |
| May 22, 2026 | Schmidt Sara A | Director | A Award | 715 | Not measured | Not measured |
| May 22, 2026 | Eldridge Michelle Larabee | Director | A Award | 830 | Not measured | Not measured |
| May 22, 2026 | Williams Shoran R | Director | A Award | 715 | Not measured | Not measured |
| May 22, 2026 | Schweihofer Steven | Director | A Award | 715 | Not measured | Not measured |
| May 22, 2026 | Jones Joseph D | Director | A Award | 715 | Not measured | Not measured |
| May 22, 2026 | Davenport Michael S. | Director | A Award | 753 | Not measured | Not measured |
| May 22, 2026 | RAMAKER DAVID B | Director | A Award | 801 | Not measured | Not measured |
| May 22, 2026 | PRICE MICHAEL H | Director | A Award | 1,096 | Not measured | Not measured |
| Feb 17, 2026 | CHRISTMAS CHARLES E | EVP & CFO | F Tax Payment | 3,021 | $54.24 | $163,845 |
| Feb 17, 2026 | Reitsma Raymond E. | President and CEO | F Tax Payment | 4,040 | $54.24 | $219,111 |
| Feb 15, 2026 | Reitsma Raymond E. | President and CEO | A Award | 1,808 | Not measured | Not measured |
| Feb 15, 2026 | CHRISTMAS CHARLES E | EVP & CFO | A Award | 1,326 | Not measured | Not measured |
| Feb 5, 2026 | CHRISTMAS CHARLES E | EVP & CFO | A Award | 1,414 | Not measured | Not measured |
| Feb 5, 2026 | CHRISTMAS CHARLES E | EVP & CFO | A Award | 2,829 | Not measured | Not measured |
| Feb 5, 2026 | Augustyn Mark S | EVP&Chief Comm Banking Officer | A Award | 1,437 | Not measured | Not measured |
| Feb 5, 2026 | Augustyn Mark S | EVP&Chief Comm Banking Officer | A Award | 2,875 | Not measured | Not measured |
| Feb 5, 2026 | Reitsma Raymond E. | President and CEO | A Award | 7,559 | Not measured | Not measured |
| Feb 5, 2026 | Hoover Brett | EVP & CHIEF HR OFFICER | A Award | 944 | Not measured | Not measured |
| Feb 5, 2026 | Reitsma Raymond E. | President and CEO | A Award | 3,779 | Not measured | Not measured |
| Feb 5, 2026 | Randall Tara M | EVP & Chief Experience Officer | A Award | 910 | Not measured | Not measured |
| Feb 5, 2026 | Hoover Brett | EVP & CHIEF HR OFFICER | A Award | 1,888 | Not measured | Not measured |
| Feb 5, 2026 | Setlock Scott P | EVP, COO, & SECRETARY | A Award | 1,135 | Not measured | Not measured |
| Feb 5, 2026 | Setlock Scott P | EVP, COO, & SECRETARY | A Award | 2,271 | Not measured | Not measured |
| Feb 5, 2026 | Randall Tara M | EVP & Chief Experience Officer | A Award | 1,820 | Not measured | Not measured |
| Jan 6, 2026 | Schweihofer Steven | Director | A Award | 321 | Not measured | Not measured |
| Dec 31, 2025 | Schweihofer Steven | Director | A Award | 5,282 | Not measured | Not measured |
| Dec 19, 2025 | Setlock Scott P | EVP, COO, & SECRETARY | F Tax Payment | 1,187 | $49.45 | $58,697 |
| Dec 19, 2025 | Hoover Brett | EVP & CHIEF HR OFFICER | F Tax Payment | 950 | $49.45 | $46,978 |
| Dec 19, 2025 | Augustyn Mark S | EVP&Chief Comm Banking Officer | F Tax Payment | 1,461 | $49.45 | $72,246 |
| Dec 19, 2025 | Randall Tara M | EVP & Chief Experience Officer | F Tax Payment | 1,500 | $49.45 | $74,175 |
| Dec 12, 2025 | Augustyn Mark S | EVP&Chief Comm Banking Officer | G Gift | 2,022 | Not measured | Not measured |
| Nov 13, 2025 | PRICE MICHAEL H | Director | S Sale | 3,160 | $45.85 | $144,886 |
| Nov 13, 2025 | PRICE MICHAEL H | Director | S Sale | 1,417 | $45.81 | $64,913 |
| Oct 31, 2025 | Sanchez Nelson F | Director | P Purchase | 1,000 | $43.50 | $43,500 |
| Aug 18, 2025 | RAMAKER DAVID B | Director | P Purchase | 1,500 | $46.71 | $70,065 |
| Jul 29, 2025 | Williams Shoran R | Director | P Purchase | 200 | $47.28 | $9,457 |
| Jul 17, 2025 | RAMAKER DAVID B | Director | A Award | 20 | Not measured | Not measured |
| Jul 17, 2025 | PRICE MICHAEL H | Director | A Award | 47 | Not measured | Not measured |
| Jul 17, 2025 | Davenport Michael S. | Director | A Award | 17 | Not measured | Not measured |
| Jul 17, 2025 | Eldridge Michelle Larabee | Director | A Award | 34 | Not measured | Not measured |
| Jul 17, 2025 | Sparks Amy L | Director | A Award | 79 | Not measured | Not measured |
| May 22, 2025 | MacDonald Richard D | Director | A Award | 849 | Not measured | Not measured |
| May 22, 2025 | Jones Joseph D | Director | A Award | 849 | Not measured | Not measured |
| May 22, 2025 | Sanchez Nelson F | Director | A Award | 849 | Not measured | Not measured |
| May 22, 2025 | Sparks Amy L | Director | A Award | 979 | Not measured | Not measured |
| May 22, 2025 | Davenport Michael S. | Director | A Award | 873 | Not measured | Not measured |
The full Form 4 history is on the MBWM company page (Insider Trades card, View all).
Questions about this data
Which insider transactions are open-market trades?
Code P (open market or private purchase) and code S (open market or private sale). Code F is shares withheld to pay tax on vesting stock, A is an award from the company, M and X are option exercises and G is a gift. None of those is the insider choosing to buy or sell in the market.
How quickly are insider trades reported?
A Form 4 is due before the end of the second business day after the trade. The date shown is the transaction date from the form.
Who has to file Form 4?
Officers, directors and beneficial owners of more than 10% of a class of the company’s registered equity, under Section 16 of the Securities Exchange Act.
Look up any code in the Form 4 transaction code reference, or read Form 4 codes explained.