Mercantile Bank Corporation
Mercantile Bank Corporation (MBWM) Insider Trading
Form 4 buy vs sell counts, ratio, and sentiment — switch this quarter or last 12 months; chart and transactions below.
SEC EDGAR · FMP · MBWM · as of Jun 8, 2026
Activity summary
Buy transactions
3
P-Purchase only
Sell transactions
4
12 Months
Buy/Sell ratio
0.75
Buy/Sell (by trades)
Overall sentiment
Mercantile Bank Corporation insiders have been primarily selling shares over the past 12 Months. Selling activity is often driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment toward the company.
▸ Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · Buy = P-Purchase only · Sell = S-Sale only
As of Jun 8, 2026
MBWM insider buying and selling by quarter
MBWM insider selling · MBWM insider buying stocks · quarterly insider activity
Mobile shows last 4Q · Desktop shows full 8Q
▸ Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · last 8 quarters
As of Jun 8, 2026
Active insiders
Most active in past 12 months · MBWM ceo insider trading
Showing all insiders · Click a card to filter the transactions table below
▸ Aggregated from reportingName · top 5 by trade count (12M) · no extra API
Recent insider transactions
MBWM executive sell shares · MBWM board member insider trading · MBWM insider trading SEC filing
Scroll horizontally to see all columns
| Date | Insider | Type | Shares | Value | Filing |
|---|---|---|---|---|---|
| May 22, 2026 | Schweihofer Steven Director | Award | 715 | — | Form 4 |
| May 22, 2026 | Davenport Michael S. Director | Award | 753 | — | Form 4 |
| May 22, 2026 | Eldridge Michelle Larabee Director | Award | 830 | — | Form 4 |
| May 22, 2026 | Schmidt Sara A Director | Award | 715 | — | Form 4 |
| May 22, 2026 | PRICE MICHAEL H Director | Award | 1,096 | — | Form 4 |
| May 22, 2026 | Jones Joseph D Director | Award | 715 | — | Form 4 |
| May 22, 2026 | Sanchez Nelson F Director | Award | 715 | — | Form 4 |
| May 22, 2026 | RAMAKER DAVID B Director | Award | 801 | — | Form 4 |
| May 22, 2026 | MacDonald Richard D Director | Award | 715 | — | Form 4 |
| May 22, 2026 | Williams Shoran R Director | Award | 715 | — | Form 4 |
| May 22, 2026 | Sparks Amy L Director | Award | 906 | — | Form 4 |
| Feb 15, 2026 | CHRISTMAS CHARLES E EVP & CFO | Award | 1,326 | — | Form 4 |
| Feb 17, 2026 | CHRISTMAS CHARLES E EVP & CFO | Other | 3,021 | $164K | Form 4 |
| Feb 15, 2026 | Reitsma Raymond E. President and CEO · Director | Award | 1,808 | — | Form 4 |
| Feb 17, 2026 | Reitsma Raymond E. President and CEO · Director | Other | 4,040 | $219K | Form 4 |
| Feb 5, 2026 | Reitsma Raymond E. President and CEO · Director | Award | 3,779 | — | Form 4 |
| Feb 5, 2026 | Reitsma Raymond E. President and CEO · Director | Award | 7,559 | — | Form 4 |
| Feb 5, 2026 | Hoover Brett EVP & CHIEF HR OFFICER | Award | 944 | — | Form 4 |
| Feb 5, 2026 | Hoover Brett EVP & CHIEF HR OFFICER | Award | 1,888 | — | Form 4 |
| Dec 19, 2025 | Hoover Brett EVP & CHIEF HR OFFICER | Other | 950 | $47K | Form 4 |
| Feb 5, 2026 | CHRISTMAS CHARLES E EVP & CFO | Award | 1,414 | — | Form 4 |
| Feb 5, 2026 | CHRISTMAS CHARLES E EVP & CFO | Award | 2,829 | — | Form 4 |
| Feb 5, 2026 | Setlock Scott P EVP, COO, & SECRETARY | Award | 1,135 | — | Form 4 |
| Feb 5, 2026 | Setlock Scott P EVP, COO, & SECRETARY | Award | 2,271 | — | Form 4 |
| Dec 19, 2025 | Setlock Scott P EVP, COO, & SECRETARY | Other | 1,187 | $59K | Form 4 |
Reitsma Raymond E.
President and CEO · Director
Date
Feb 15
Shares
1,808
Price
—
Value
—
Reitsma Raymond E.
President and CEO · Director
Date
Feb 17
Shares
4,040
Price
$54.24
Value
$219K
Reitsma Raymond E.
President and CEO · Director
Date
Feb 5
Shares
3,779
Price
—
Value
—
Reitsma Raymond E.
President and CEO · Director
Date
Feb 5
Shares
7,559
Price
—
Value
—
Hoover Brett
EVP & CHIEF HR OFFICER
Date
Dec 19
Shares
950
Price
$49.45
Value
$47K
Setlock Scott P
EVP, COO, & SECRETARY
Date
Dec 19
Shares
1,187
Price
$49.45
Value
$59K
⚡ = value ≥ $1M · Award/Option price shows — · formType=4 · securityName=Common Stock · url → sec.gov/Archives/edgar
▸ Source: SEC EDGAR · Form 4 filings · ⚡ = value ≥ $1M · Award/Option price shows —
About MBWM insider trading
MBWM insider trades
Mercantile Bank Corporation (MBWM) insider trading data is sourced from SEC Form 4 filings submitted by corporate insiders, including PRICE MICHAEL H (Director), CHRISTMAS CHARLES E (EVP & CFO), Reitsma Raymond E. (President and CEO · Director). Over the past 12 months, 5 insiders have filed transactions with the SEC. MBWM insiders have been primarily selling, which may reflect pre-scheduled Rule 10b5-1 plan executions.
For Mercantile Bank Corporation's institutional ownership breakdown and insider ownership percentage, see the Ownership tab → Ownership tab →
Frequently asked questions
MBWM insider trading · 5 questionsThe insiders of Mercantile Bank Corporation (MBWM) include executives and directors such as PRICE MICHAEL H (Director), CHRISTMAS CHARLES E (EVP & CFO), Reitsma Raymond E. (President and CEO · Director), among others. Over the past 12 months, 5 insiders have filed Form 4 transactions with the SEC. Insider transactions are required to be reported within 2 business days of the trade date.
▸ Source: FMP /stable/insider-trading/search · SEC EDGAR Form 3 & 4 · acquisitionOrDisposition A=Buy, D=Sell · RSU vesting (M-Exempt) excluded from sentiment bar · As of Jun 8, 2026