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buyWeak

Nelson F Sanchez bought $44k of MBWM

director at MERCANTILE BANK CORP. 1,000 shares at an average of $43.50, traded Oct 31, 2025, filed Nov 4, 2025.

Conviction score
27
Value
$44k
1,000 shares
Holdings after
3,502
+40% from before
From 52-week low
+16%
low $36.80, close $42.57
From 52-week high
-13%
high $49.07, as of Oct 31, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $44k at market
    +6
  • Relative to holdings
    Holdings up 40%
    +6
  • Price context
    Near the top of the 52-week range
    0
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +7.8%, 3m +23.0%, 6m +19.8%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MBWMOct 12, 2026 · close 58.29
Since filing Nov 4, 2025: +36.2%SPY +16.5% · excess +19.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001193125-25-264856, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Oct 31, 2025POpen-market purchase
Common Stockindirect: IRA
+1,000$43.50$44k3,502Nov 4, 2025

Related signals

Other insiders at MERCANTILE BANK CORP and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
37Weak
MBWMsell
MERCANTILE BANK CORP
Michael H Price
director
$210k
4,577 shares
-28%
26Weak
MBWMbuy
MERCANTILE BANK CORP
David B Ramaker
director
$70k
1,500 shares
+11%
15Weak
MBWMbuy
MERCANTILE BANK CORP
Shoran R Williams
director
$9,457
200 shares
+4%
0Weak
MBWMsell10b5-1
MERCANTILE BANK CORP
Robert B Kaminski
PRESIDENT, CEO
$11k
250 shares
-0%
0Weak
MBWMsell10b5-1
MERCANTILE BANK CORP
Robert B Kaminski
PRESIDENT, CEO
$11k
250 shares
-0%
0Weak
MBWMsell10b5-1
MERCANTILE BANK CORP
Robert B Kaminski
PRESIDENT, CEO
$12k
250 shares
-0%
22Weak
MBWMsell
MERCANTILE BANK CORP
Robert B Kaminski
PRESIDENT, CEO
$50k
1,000 shares
-8%
22Weak
MBWMsell
MERCANTILE BANK CORP
Robert B Kaminski
PRESIDENT, CEO
$50k
1,000 shares
-7%
0Weak
MBWMsell10b5-1
MERCANTILE BANK CORP
Robert B Kaminski
PRESIDENT, CEO
$12k
250 shares
-0%
39Weak
MBWMsell
MERCANTILE BANK CORP
Robert B Kaminski
PRESIDENT, CEO
$298k
6,000 shares
-30%

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.

Nelson F Sanchez bought $44k of MBWM | InsiderTell