Insider Transactions Reported by 23 Insiders of
MERCANTILE BANK CORP
-
Symbol
-
MBWM on Nasdaq
-
Location
-
Grand Rapids, MI
Quick Takeaways
- MBWM - MERCANTILE BANK CORP has 23 insiders with reported activity on this page.
- Net insider value flow over the last year: -$97,489.
- Recent transaction rows are available for direct filing-level review.
What Changed
- Buy value: $123,022; sell value: $220,510.
- Net share flow: <span class="text-red-600">-2,127</span>.
Why This Matters
- This page gives a plain-language issuer insider context before you inspect transaction-level evidence.
- Use the filing links below to verify timestamps, codes, and ownership impacts directly from SEC forms.
Official SEC Source
Filed on Form 4
Issuer insider activity is sourced from SEC Forms 3, 4, and 5.
See Original Filing
Insiders trading volume in the past year
Insider trading buckets (0-12 months)
MERCANTILE BANK CORP executives and other stock owners filed with the SEC include:
| Name |
Relationship |
Holdings Value |
Past Year Net Change |
Change % |
Valuation |
Report Date |
| Charles E. Christmas |
Evp & Cfo |
$6,661,756 |
|
|
Mixed |
15 Feb 2026 |
| Raymond E. Reitsma |
President and CEO, Director |
$4,838,803 |
|
|
Mixed |
15 Feb 2026 |
| Robert B. Kaminski |
Director |
$3,800,149 |
-$10,712 |
-0.28% |
Mixed |
02 May 2025 |
| Michael H. Price |
Director |
$2,085,897 |
-$209,799 |
-9.1% |
Mixed |
13 Nov 2025 |
| Mark S. Augustyn |
EVP&Chief Comm Banking Officer |
$1,610,298 |
|
|
Mixed |
12 Dec 2025 |
| Scott P. Setlock |
Evp, Coo, & Secretary |
$1,564,025 |
|
|
Mixed |
19 Dec 2025 |
| Lonna Wiersma |
Svp, Human Resources Director |
$1,335,128 |
|
|
Mixed |
04 Mar 2022 |
| Worthington Robert T. |
Svp, Cro, And Gc |
$1,246,900 |
|
|
Mixed |
20 Feb 2024 |
| David M. Cassard |
Director |
$1,183,870 |
|
|
Mixed |
13 Jun 2023 |
| Thomas D. Dickinson |
Director |
$1,110,610 |
|
|
Mixed |
02 Jan 2025 |
| Brett Hoover |
Evp & Chief Hr Officer |
$953,842 |
|
|
Mixed |
19 Dec 2025 |
| Michelle Larabee Eldridge |
Director |
$862,766 |
|
|
Mixed |
17 Jul 2025 |
| Tara M. Randall |
EVP & Chief Experience Officer |
$808,343 |
|
|
Mixed |
19 Dec 2025 |
| David B. Ramaker |
Director |
$701,303 |
+$70,065 |
+11% |
Filing P/S |
18 Aug 2025 |
| Jeff A. Gardner |
Director |
$508,359 |
|
|
Mixed |
26 May 2022 |
| Michael S. Davenport |
Director |
$486,611 |
|
|
Mixed |
17 Jul 2025 |
| Nelson F. Sanchez |
Director |
$291,117 |
+$43,500 |
+18% |
Mixed |
31 Oct 2025 |
| Steven Schweihofer |
Director |
$269,511 |
|
|
Mixed |
06 Jan 2026 |
| Amy L. Sparks |
Director |
$253,539 |
|
|
Mixed |
17 Jul 2025 |
| Shoran R. Williams |
Director |
$249,002 |
+$9,457 |
+3.9% |
Filing P/S |
29 Jul 2025 |
| Joseph D. Jones |
Director |
$229,844 |
|
|
Mixed |
22 May 2025 |
| Richard D. MacDonald |
Director |
$102,162 |
|
|
Mixed |
22 May 2025 |
| Sara A. Schmidt |
Director |
$38,459 |
|
|
Mixed |
22 May 2025 |
Recent Insider Transactions by Companies or Individuals for MERCANTILE BANK CORP
Showing up to 300 most recent insider transactions from the last 12 months.
| Insider |
Symbol |
Class |
Transaction |
% |
Value $ |
* Price $ |
Shares |
Shares Owned |
Date |
Ownership |
| Charles E. Christmas |
MBWM |
Common Stock |
Tax liability |
-4.11% |
|
|
-3,021 |
70,527 |
17 Feb 2026 |
Direct |
| Raymond E. Reitsma |
MBWM |
Common Stock |
Tax liability |
-5.91% |
|
|
-4,040 |
64,270 |
17 Feb 2026 |
Direct |
| Charles E. Christmas |
MBWM |
Common Stock |
Award |
1.84% |
|
|
1,326 |
73,548 |
15 Feb 2026 |
Direct |
| Raymond E. Reitsma |
MBWM |
Common Stock |
Award |
2.72% |
|
|
1,808 |
68,310 |
15 Feb 2026 |
Direct |
| Raymond E. Reitsma |
MBWM |
Common Stock |
Award |
20.6% |
|
|
11,338 |
66,502 |
05 Feb 2026 |
Direct |
| Brett Hoover |
MBWM |
Common Stock |
Award |
18% |
|
|
2,832 |
18,520 |
05 Feb 2026 |
Direct |
| Charles E. Christmas |
MBWM |
Common Stock |
Award |
6.24% |
|
|
4,243 |
72,222 |
05 Feb 2026 |
Direct |
| Scott P. Setlock |
MBWM |
Common Stock |
Award |
17.3% |
|
|
3,406 |
23,143 |
05 Feb 2026 |
Direct |
| Tara M. Randall |
MBWM |
Common Stock |
Award |
19.7% |
|
|
2,730 |
16,578 |
05 Feb 2026 |
Direct |
| Mark S. Augustyn |
MBWM |
Common Stock |
Award |
15.3% |
|
|
4,312 |
32,499 |
05 Feb 2026 |
Direct |
| Steven Schweihofer |
MBWM |
Common Stock |
Award |
6.08% |
|
|
321 |
5,603 |
06 Jan 2026 |
Direct |
| Steven Schweihofer |
MBWM |
Common Stock |
Award |
|
|
|
5,282 |
5,282 |
31 Dec 2025 |
Direct |
| Brett Hoover |
MBWM |
Common Stock |
Tax liability |
-5.71% |
|
|
-950 |
15,688 |
19 Dec 2025 |
Direct |
| Scott P. Setlock |
MBWM |
Common Stock |
Tax liability |
-5.67% |
|
|
-1,187 |
19,737 |
19 Dec 2025 |
Direct |
| Tara M. Randall |
MBWM |
Common Stock |
Tax liability |
-9.77% |
|
|
-1,500 |
13,848 |
19 Dec 2025 |
Direct |
| Mark S. Augustyn |
MBWM |
Common Stock |
Tax liability |
-4.93% |
|
|
-1,461 |
28,187 |
19 Dec 2025 |
Direct |
| Mark S. Augustyn |
MBWM |
Common Stock |
Gift |
-6.38% |
|
|
-2,022 |
29,648 |
12 Dec 2025 |
Direct |
| Michael H. Price |
MBWM |
Common Stock |
Sale |
-27.8% |
$209,799 |
$45.84 |
-4,577 |
11,898 |
13 Nov 2025 |
Direct |
| Nelson F. Sanchez |
MBWM |
Common Stock |
Purchase |
40% |
$43,500 |
$43.50 |
1,000 |
3,502 |
31 Oct 2025 |
IRA |
| David B. Ramaker |
MBWM |
Common Stock |
Purchase |
11.1% |
$70,065 |
$46.71 |
1,500 |
15,014 |
18 Aug 2025 |
Direct |
| Shoran R. Williams |
MBWM |
Common Stock |
Purchase |
3.95% |
$9,457 |
$47.28 |
200 |
5,266 |
29 Jul 2025 |
Direct |
| Michael S. Davenport |
MBWM |
Common Stock |
Award |
0.2% |
|
|
17 |
8,685 |
17 Jul 2025 |
Direct |
| Amy L. Sparks |
MBWM |
Common Stock |
Award |
1.47% |
|
|
79 |
5,463 |
17 Jul 2025 |
Direct |
| Michael H. Price |
MBWM |
Common Stock |
Award |
0.29% |
|
|
47 |
16,475 |
17 Jul 2025 |
Direct |
| David B. Ramaker |
MBWM |
Common Stock |
Award |
0.15% |
|
|
20 |
13,514 |
17 Jul 2025 |
Direct |
| Michelle Larabee Eldridge |
MBWM |
Common Stock |
Award |
0.29% |
|
|
34 |
11,840 |
17 Jul 2025 |
Direct |
| Nelson F. Sanchez |
MBWM |
Common Stock |
Award |
38% |
|
|
849 |
3,084 |
22 May 2025 |
Direct |
| Shoran R. Williams |
MBWM |
Common Stock |
Award |
20.5% |
|
|
849 |
4,996 |
22 May 2025 |
Direct |
| David B. Ramaker |
MBWM |
Common Stock |
Award |
7.37% |
|
|
926 |
13,494 |
22 May 2025 |
Direct |
| Amy L. Sparks |
MBWM |
Common Stock |
Award |
22.4% |
|
|
979 |
5,350 |
22 May 2025 |
Direct |
| Sara A. Schmidt |
MBWM |
Common Stock |
Award |
707.5% |
|
|
849 |
969 |
22 May 2025 |
Direct |
| Joseph D. Jones |
MBWM |
Common Stock |
Award |
17.2% |
|
|
849 |
5,791 |
22 May 2025 |
Direct |
| Michael H. Price |
MBWM |
Common Stock |
Award |
8.19% |
|
|
1,244 |
16,428 |
22 May 2025 |
Direct |
| Richard D. MacDonald |
MBWM |
Common Stock |
Award |
49.2% |
|
|
849 |
2,574 |
22 May 2025 |
Direct |
| Michelle Larabee Eldridge |
MBWM |
Common Stock |
Award |
8.68% |
|
|
943 |
11,806 |
22 May 2025 |
Direct |
| Michael S. Davenport |
MBWM |
Common Stock |
Award |
11.4% |
|
|
873 |
8,563 |
22 May 2025 |
Direct |
| Robert B. Kaminski |
MBWM |
Common Stock |
Sale |
-0.32% |
$10,712 |
$42.85 |
-250 |
77,986 |
02 May 2025 |
Direct |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.