Brett Hoover - 19 Dec 2025 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
EVP & CHIEF HR OFFICER
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
19 Dec 2025
Net transactions value
-$46,978
Form type
4
Filing time
09 Feb 2026, 18:27:25 UTC
Previous filing
10 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hoover Brett EVP & CHIEF HR OFFICER C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST. NW, GRAND RAPIDS /s/ Bradley J. Wyatt, Attorney-in-Fact 09 Feb 2026 0001956776

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Tax liability $46,978 -950 -5.7% $49.45 15,688 19 Dec 2025 Direct F1
transaction MBWM Common Stock Award $0 +1,888 +12% $0.000000 17,576 05 Feb 2026 Direct F2
transaction MBWM Common Stock Award $0 +944 +5.4% $0.000000 18,520 05 Feb 2026 Direct
holding MBWM Common Stock 1,042 19 Dec 2025 In 401(k) plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired since last report of common stock ownership by reinvesting cash dividends under the Issuer's dividend reinvestment plan.
F2 This award of shares is being made pursuant to the Issuer's performance-based restricted stock award agreement, such that a portion or all of this award of restricted stock may be forfeited in the future if certain performance metrics are not met.
F3 Includes shares acquired pursuant to the Issuer's 401(k) Plan since last report of common stock ownership.