Nasdaq · CIK 0001042729
MBWM MERCANTILE BANK CORP
Insider trading from SEC Form 4. Last filing May 27, 2026. Close $57.78 on Oct 9, 2026, +38% from the 52-week low and -7% from the high.
MERCANTILE BANK CORP (MBWM) has 52 SEC Form 4 filings on file from 18 insiders, the latest filed on May 27, 2026. No insider bought or sold on the open market in the last 90 days; rows filed in that time are grants, exercises, tax withholding and other transactions that carry no view on the price.
16 open-market trades have been scored at MBWM. The newest: Michael H Price (director) sold $210k of stock on Nov 13, 2025, filed Nov 17, 2025, scored 37 (weak). The largest of the 16 shown: Robert B Kaminski (director) sold $300k on Nov 25, 2024, scored 34 (weak).
MBWM closed at $57.78 on Oct 9, 2026, 38% above its 52-week low and 7% below its 52-week high.
Last 90 days
Price and insider trades, last year
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™
Signals
Open-market buys and sells at MERCANTILE BANK CORP, scored.
| Score | Insider | Value | Holdings | Price context | Filed |
|---|---|---|---|---|---|
| 37Weak | Michael H Price director sell | $210k 4,577 shares | -28% | +20% from low-10% from high | |
| 27Weak | Nelson F Sanchez director buy | $44k 1,000 shares | +40% | +16% from low-13% from high | |
| 26Weak | David B Ramaker director buy | $70k 1,500 shares | +11% | +22% from low-8% from high | |
| 15Weak | Shoran R Williams director buy | $9,457 200 shares | +4% | +24% from low-7% from high | |
| 0Weak | Robert B Kaminski director sell | $11k 250 shares | -0% | +13% from low-15% from high | |
| 0Weak | Robert B Kaminski director sell | $11k 250 shares | -0% | +8% from low-15% from high | |
| 0Weak | Robert B Kaminski director sell | $12k 250 shares | -0% | - | |
| 22Weak | Robert B Kaminski director sell | $50k 1,000 shares | -8% | - | |
| 22Weak | Robert B Kaminski director sell | $50k 1,000 shares | -7% | - | |
| 0Weak | Robert B Kaminski director sell | $12k 250 shares | -0% | - | |
| 39Weak | Robert B Kaminski director sell | $298k 6,000 shares | -30% | - | |
| 0Weak | Robert B Kaminski director sell | $11k 250 shares | -0% | - | |
| 0Weak | Robert B Kaminski director sell | $12k 250 shares | -0% | - | |
| 34Weak | Robert B Kaminski director sell | $300k 5,800 shares | -23% | - | |
| 32Weak | Robert B Kaminski director sell | $198k 4,000 shares | -14% | - | |
| 0Weak | Robert B Kaminski director sell | $11k 250 shares | -0% | - |
Transactions
The newest 50 of 72 rows filed, every code.
| Date | Insider | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | Michael S. Davenport director | AGrant or award Common Stock | +753 | $0.00 | $0 | 9,594 | May 27, 2026 |
| May 22, 2026 | Michelle Larabee Eldridge director | AGrant or award Common Stock | +830 | $0.00 | $0 | 12,670 | May 27, 2026 |
| Feb 15, 2026 | Raymond E. Reitsma President and CEO | AGrant or award Common Stock | +1,808 | $0.00 | $0 | 68,310 | Feb 18, 2026 |
| Feb 15, 2026 | Charles E Christmas EVP & CFO | AGrant or award Common Stock | +1,326 | $0.00 | $0 | 73,548 | Feb 18, 2026 |
| Feb 17, 2026 | Raymond E. Reitsma President and CEO | FTax withholding Common Stock | -4,040 | $54.24 | $219k | 64,270 | Feb 18, 2026 |
| Feb 17, 2026 | Charles E Christmas EVP & CFO | FTax withholding Common Stock | -3,021 | $54.24 | $164k | 70,527 | Feb 18, 2026 |
| Feb 5, 2026 | Charles E Christmas EVP & CFO | AGrant or award Common Stock | +2,829 | $0.00 | $0 | 70,808 | Feb 9, 2026 |
| Dec 19, 2025 | Tara M Randall EVP & Chief Experience Officer | FTax withholding Common Stock | -1,500 | $49.45 | $74k | 13,848 | Feb 9, 2026 |
| Feb 5, 2026 | Raymond E. Reitsma President and CEO | AGrant or award Common Stock | +7,559 | $0.00 | $0 | 62,723 | Feb 9, 2026 |
| Dec 12, 2025 | Mark S Augustyn EVP&Chief Comm Banking Officer | GGift Common Stock | -2,022 | $0.00 | $0 | 29,648 | Feb 9, 2026 |
| Dec 19, 2025 | Brett Hoover EVP & CHIEF HR OFFICER | FTax withholding Common Stock | -950 | $49.45 | $47k | 15,688 | Feb 9, 2026 |
| Dec 19, 2025 | Scott P Setlock EVP, COO, & SECRETARY | FTax withholding Common Stock | -1,187 | $49.45 | $59k | 19,737 | Feb 9, 2026 |
| Feb 5, 2026 | Raymond E. Reitsma President and CEO | AGrant or award Common Stock | +3,779 | $0.00 | $0 | 66,502 | Feb 9, 2026 |
| Dec 19, 2025 | Mark S Augustyn EVP&Chief Comm Banking Officer | FTax withholding Common Stock | -1,461 | $49.45 | $72k | 28,187 | Feb 9, 2026 |
| Feb 5, 2026 | Brett Hoover EVP & CHIEF HR OFFICER | AGrant or award Common Stock | +1,888 | $0.00 | $0 | 17,576 | Feb 9, 2026 |
| Feb 5, 2026 | Tara M Randall EVP & Chief Experience Officer | AGrant or award Common Stock | +1,820 | $0.00 | $0 | 15,668 | Feb 9, 2026 |
| Feb 5, 2026 | Charles E Christmas EVP & CFO | AGrant or award Common Stock | +1,414 | $0.00 | $0 | 72,222 | Feb 9, 2026 |
| Feb 5, 2026 | Scott P Setlock EVP, COO, & SECRETARY | AGrant or award Common Stock | +2,271 | $0.00 | $0 | 22,008 | Feb 9, 2026 |
| Feb 5, 2026 | Scott P Setlock EVP, COO, & SECRETARY | AGrant or award Common Stock | +1,135 | $0.00 | $0 | 23,143 | Feb 9, 2026 |
| Feb 5, 2026 | Brett Hoover EVP & CHIEF HR OFFICER | AGrant or award Common Stock | +944 | $0.00 | $0 | 18,520 | Feb 9, 2026 |
| Feb 5, 2026 | Tara M Randall EVP & Chief Experience Officer | AGrant or award Common Stock | +910 | $0.00 | $0 | 16,578 | Feb 9, 2026 |
| Feb 5, 2026 | Mark S Augustyn EVP&Chief Comm Banking Officer | AGrant or award Common Stock | +2,875 | $0.00 | $0 | 31,602 | Feb 9, 2026 |
| Feb 5, 2026 | Mark S Augustyn EVP&Chief Comm Banking Officer | AGrant or award Common Stock | +1,437 | $0.00 | $0 | 32,499 | Feb 9, 2026 |
| Jan 6, 2026 | Steven Schweihofer director | AGrant or award Common Stock | +321 | $0.00 | $0 | 5,603 | Jan 7, 2026 |
| Dec 31, 2025 | Steven Schweihofer director | AGrant or award Common Stock | +5,282 | - | - | 5,282 | Jan 5, 2026 |
| Nov 13, 2025 | Michael H Price director | SOpen-market sale Common Stock | -3,160 | $45.85 | $145k | 13,315 | Nov 17, 2025 |
| Nov 13, 2025 | Michael H Price director | SOpen-market sale Common Stock | -1,417 | $45.81 | $65k | 11,898 | Nov 17, 2025 |
| Oct 31, 2025 | Nelson F Sanchez director | POpen-market purchase Common Stockindirect: IRA | +1,000 | $43.50 | $44k | 3,502 | Nov 4, 2025 |
| Aug 18, 2025 | David B Ramaker director | POpen-market purchase Common Stock | +1,500 | $46.71 | $70k | 15,014 | Aug 19, 2025 |
| Jul 29, 2025 | Shoran R Williams director | POpen-market purchase Common Stock | +200 | $47.29 | $9,457 | 5,266 | Jul 30, 2025 |
| Jul 17, 2025 | Michelle Larabee Eldridge director | AGrant or award Common Stock | +34 | $0.00 | $0 | 11,840 | Jul 21, 2025 |
| Jul 17, 2025 | David B Ramaker director | AGrant or award Common Stock | +20 | $0.00 | $0 | 13,514 | Jul 21, 2025 |
| Jul 17, 2025 | Michael H Price director | AGrant or award Common Stock | +47 | $0.00 | $0 | 16,475 | Jul 21, 2025 |
| Jul 17, 2025 | Amy L Sparks director | AGrant or award Common Stock | +79 | $0.00 | $0 | 5,463 | Jul 21, 2025 |
| Jul 17, 2025 | Michael S. Davenport director | AGrant or award Common Stock | +17 | $0.00 | $0 | 8,685 | Jul 21, 2025 |
| May 22, 2025 | Michael S. Davenport director | AGrant or award Common Stock | +873 | $0.00 | $0 | 8,563 | May 27, 2025 |
| May 22, 2025 | Michelle Larabee Eldridge director | AGrant or award Common Stock | +943 | $0.00 | $0 | 11,806 | May 27, 2025 |
| May 22, 2025 | Joseph D Jones director | AGrant or award Common Stock | +849 | $0.00 | $0 | 5,791 | May 27, 2025 |
| May 22, 2025 | Richard D MacDonald director | AGrant or award Common Stock | +849 | $0.00 | $0 | 2,574 | May 27, 2025 |
| May 22, 2025 | Michael H Price director | AGrant or award Common Stock | +1,244 | $0.00 | $0 | 16,428 | May 27, 2025 |
| May 22, 2025 | David B Ramaker director | AGrant or award Common Stock | +926 | $0.00 | $0 | 13,494 | May 27, 2025 |
| May 22, 2025 | Nelson F Sanchez director | AGrant or award Common Stock | +849 | $0.00 | $0 | 3,084 | May 27, 2025 |
| May 22, 2025 | Sara A Schmidt director | AGrant or award Common Stock | +849 | $0.00 | $0 | 969 | May 27, 2025 |
| May 22, 2025 | Amy L Sparks director | AGrant or award Common Stock | +979 | $0.00 | $0 | 5,350 | May 27, 2025 |
| May 22, 2025 | Shoran R Williams director | AGrant or award Common Stock | +849 | $0.00 | $0 | 4,996 | May 27, 2025 |
| May 2, 2025 | Robert B Kaminski director | SOpen-market sale Common Stock10b5-1 | -250 | $42.85 | $11k | 77,986 | May 6, 2025 |
| Apr 2, 2025 | Robert B Kaminski director | SOpen-market sale Common Stock10b5-1 | -250 | $43.14 | $11k | 78,236 | Apr 4, 2025 |
| Mar 3, 2025 | Robert B Kaminski director | SOpen-market sale Common Stock10b5-1 | -250 | $48.11 | $12k | 78,486 | Mar 5, 2025 |
| Feb 19, 2025 | Charles E Christmas EVP AND CFO | FTax withholding Common Stock | -3,075 | $47.87 | $147k | 67,979 | Feb 21, 2025 |
| Feb 19, 2025 | Robert B Kaminski director | FTax withholding Common Stock | -7,993 | $47.87 | $383k | 78,737 | Feb 21, 2025 |
Insiders
Everyone who has filed a Form 4 here.
- Mark S AugustynEVP&Chief Comm Banking Officer
- Charles E ChristmasEVP & CFO
- Michael S. Davenportdirector
- Michelle Larabee Eldridgedirector
- Brett HooverEVP & CHIEF HR OFFICER
- Joseph D Jonesdirector
- Robert B Kaminskidirector
- Richard D MacDonalddirector
- Michael H Pricedirector
- David B Ramakerdirector
- Tara M RandallEVP & Chief Experience Officer
- Raymond E. ReitsmaPresident and CEO
- Nelson F Sanchezdirector
- Sara A Schmidtdirector
- Steven Schweihoferdirector
- Scott P SetlockEVP, COO, & SECRETARY
- Amy L Sparksdirector
- Shoran R Williamsdirector
Questions about MBWM
Answered from the filings on this page, as of the latest one.
Are insiders buying MBWM?
No. In the last 90 days no insider at MERCANTILE BANK CORP bought or sold shares on the open market according to SEC Form 4 filings. The rows on file from that period are grants, exercises, tax withholding or other transactions, which carry no view on the price.
Who was the last insider to trade MBWM on the open market?
Michael H Price (director) sold $210k of MBWM on Nov 13, 2025 and filed the Form 4 on Nov 17, 2025. InsiderTell scored 37 (weak).
How many insiders file Form 4 at MERCANTILE BANK CORP?
18 people have filed a Form 4 at MERCANTILE BANK CORP, among them Mark S Augustyn (EVP&Chief Comm Banking Officer), Charles E Christmas (EVP & CFO), Michael S. Davenport (director). Officers, directors and holders of more than 10% of a share class must report their trades within two business days.
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.