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Mercantile Bank Corporation MBWM NASDAQ

NASDAQ Global Select • Financial Services • Banks - Regional • US • USD

SharesGrow Score
69/100
5/7 Pass
SharesGrow Intrinsic Value
$110.70
+106.8%
Analyst Price Target
$57.00
+6.5%

There have been 50 recent insider transactions recorded for Mercantile Bank Corporation (MBWM), including 33 buys and 15 sells. Total insider buying was valued at $346.53K and total insider selling at $1.52M.

Notable insiders with recent activity include Christmas Charles E, Reitsma Raymond E., Hoover Brett. Insider transactions can provide insights into how company leadership views the stock's valuation and future prospects.

Insider Transactions — MBWM

Date Name Role Transaction Shares Avg. Price Value Shares Owned
2026-02-17 Christmas Charles E EVP & CFO Tax Withholding of RSU 3,021 $54.24 $163.84K 70,527
2026-02-17 Reitsma Raymond E. President and CEO Tax Withholding of RSU 4,040 $54.24 $219.11K 64,270
2026-02-15 Christmas Charles E EVP & CFO RSU Award 1,326 - - 73,548
2026-02-15 Reitsma Raymond E. President and CEO RSU Award 1,808 - - 68,310
2026-02-05 Christmas Charles E EVP & CFO RSU Award 2,829 - - 70,808
2026-02-05 Reitsma Raymond E. President and CEO RSU Award 7,559 - - 62,723
2026-02-05 Hoover Brett EVP & Chief HR Officer RSU Award 1,888 - - 17,576
2026-02-05 Setlock Scott P EVP, COO, & Secretary RSU Award 2,271 - - 22,008
2026-02-05 Randall Tara M EVP & Chief Experience Officer RSU Award 1,820 - - 15,668
2026-02-05 Augustyn Mark S EVP&chief Comm Banking Officer RSU Award 2,875 - - 31,602
2026-01-06 Schweihofer Steven Director RSU Award 321 - - 5,603
2025-12-31 Schweihofer Steven Director Unknown - - - -
2025-12-31 Schweihofer Steven Director RSU Award 5,282 $32.32 $170.71K 5,282
2025-12-19 Hoover Brett EVP & Chief HR Officer Tax Withholding of RSU 950 $49.45 $46.98K 15,688
2025-12-19 Setlock Scott P EVP, COO, & Secretary Tax Withholding of RSU 1,187 $49.45 $58.7K 19,737
2025-12-19 Randall Tara M EVP & Chief Experience Officer Tax Withholding of RSU 1,500 $49.45 $74.18K 13,848
2025-12-19 Augustyn Mark S EVP&chief Comm Banking Officer Tax Withholding of RSU 1,461 $49.45 $72.25K 28,187
2025-12-12 Augustyn Mark S EVP&chief Comm Banking Officer Gift (Given) 2,022 - - 29,648
2025-11-13 Price Michael H Director Informative Sell 1,417 $45.81 $64.91K 11,898
2025-10-31 Sanchez Nelson F Director Informative Buy 1,000 $43.50 $43.5K 3,502
2025-08-18 Ramaker David B Director Informative Buy 1,500 $46.71 $70.07K 15,014
2025-07-29 Williams Shoran R Director Informative Buy 200 $47.29 $9.46K 5,266
2025-07-17 Price Michael H Director RSU Award 47 - - 16,475
2025-07-17 Ramaker David B Director RSU Award 20 - - 13,514
2025-07-17 Eldridge Michelle Larabee Director RSU Award 34 - - 11,840
2025-07-17 Davenport Michael S. Director RSU Award 17 - - 8,685
2025-07-17 Sparks Amy L Director RSU Award 79 - - 5,463
2025-05-22 Price Michael H Director RSU Award 1,244 - - 16,428
2025-05-22 Ramaker David B Director RSU Award 926 - - 13,494
2025-05-22 Eldridge Michelle Larabee Director RSU Award 943 - - 11,806
2025-05-22 Davenport Michael S. Director RSU Award 873 - - 8,563
2025-05-22 Sparks Amy L Director RSU Award 979 - - 5,350
2025-05-22 Sanchez Nelson F Director RSU Award 849 - - 3,084
2025-05-22 Jones Joseph D Director RSU Award 849 - - 5,791
2025-05-22 Williams Shoran R Director RSU Award 849 - - 4,996
2025-05-22 Schmidt Sara A Director RSU Award 849 - - 969
2025-05-22 Macdonald Richard D Director RSU Award 849 - - 2,574
2025-05-02 Kaminski Robert B Director Informative Sell 250 $42.85 $10.71K 77,986
2025-04-02 Kaminski Robert B Director Informative Sell 250 $43.14 $10.79K 78,236
2025-03-03 Kaminski Robert B Director Informative Sell 250 $48.11 $12.03K 78,486
2025-02-26 Sanchez Nelson F Director Informative Sell 100 $47.31 $4.73K 2,216
2025-02-20 Sanchez Nelson F Director Informative Buy 193 $47.50 $9.17K 2,090
2025-02-19 Sanchez Nelson F Director Informative Buy 191 $48.00 $9.17K 1,897
2025-02-19 Macdonald Richard D Director Informative Buy 511 $48.92 $25K 1,725
2025-02-19 Christmas Charles E EVP and CFO Tax Withholding of RSU 3,075 $47.87 $147.2K 67,979
2025-02-19 Kaminski Robert B Director Tax Withholding of RSU 7,993 $47.87 $382.62K 78,737
2025-02-19 Reitsma Raymond E. President & CEO Tax Withholding of RSU 4,235 $47.87 $202.73K 55,164
2025-02-18 Sanchez Nelson F Director Informative Buy 195 $48.50 $9.46K 1,706
2025-02-11 Kaminski Robert B Director Informative Sell 1,000 $50.22 $50.22K 11,810
2025-02-06 Christmas Charles E EVP and CFO RSU Award 2,557 - - 69,677
Informative Buy/Sell — open market transaction (most significant) Uninformative Buy — award, option exercise, conversion Uninformative Sell — tax withholding, award vest sale Neutral — gift, trust, expiry
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