MERCANTILE BANK CORP (MBWM) is a publicly traded company in the Unknown sector. Across all available filings, 38 corporate insiders have executed 588 transactions totaling $10.6M, demonstrating a bearish sentiment with -$5.2M in net insider flow. The most recent transaction on Jan 6, 2026 involved a transaction of 321 shares valued at $0.
No significant insider buying has been recorded for MBWM in the recent period.
No significant insider selling has been recorded for MBWM in the recent period.
Based on recent SEC filings, insider sentiment for MBWM is bearish with an Insider Alignment Score of 25/100 and a net flow of -$5.2M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at MERCANTILE BANK CORP (MBWM) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 38 insiders are actively trading MBWM stock, having executed 588 transactions in the past 90 days. The most active insider is Michael H. Price (Executive), who has made 57 transactions totaling $4.6M.
Get notified when executives and directors at MBWM file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jan 6, 2026 | Schweihofer Steven | Executive | Award | 321 | $N/A | $0 | |
| Dec 31, 2025 | Schweihofer Steven | Executive | Award | 5,282 | $N/A | $0 | |
| Nov 13, 2025 | H. Price Michael | Executive | Sale | 1,417 | $45.81 | $64.9K | |
| Nov 13, 2025 | H. Price Michael | Executive | Sale | 3,160 | $45.85 | $144.9K | |
| Oct 31, 2025 | F. Sanchez Nelson | Executive | Purchase | 1,000 | $43.50 | $43.5K | |
| Aug 18, 2025 | B. Ramaker David | Executive | Purchase | 1,500 | $46.71 | $70.1K | |
| Jul 29, 2025 | R. Williams Shoran | Executive | Purchase | 200 | $47.29 | $9.5K | |
| Sep 3, 2024 | B. Kaminski Robert | Executive | Sale | 250 | $46.05 | $11.5K | 10b5-1 |
| Aug 26, 2024 | H. Price Michael | Executive | Sale | 2,000 | $45.56 | $91.1K | |
| Aug 26, 2024 | H. Price Michael | Executive | Sale | 3,000 | $45.58 | $136.7K | |
| Aug 2, 2024 | B. Kaminski Robert | Executive | Sale | 250 | $43.66 | $10.9K | 10b5-1 |
| Jul 22, 2024 | B. Kaminski Robert | Executive | Sale | 2,000 | $48.01 | $96.0K | |
| Jul 19, 2024 | H. Price Michael | Executive | Sale | 5,000 | $47.08 | $235.4K | |
| Jul 19, 2024 | B. Kaminski Robert | Executive | Sale | 3,000 | $48.73 | $146.2K | |
| Jul 2, 2024 | B. Kaminski Robert | Executive | Sale | 250 | $39.83 | $10.0K | 10b5-1 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 95 | $7.9M | 45.1% |
Payment(F) | 37 | $3.0M | 17.3% |
Purchase(P) | 181 | $2.7M | 15.4% |
Exercise(M) | 52 | $2.1M | 12.1% |
Award(A) | 188 | $1.4M | 8.1% |
Disposition(D) | 8 | $225.9K | 1.3% |
Discretionary(I) | 16 | $115.1K | 0.7% |
Small Acquisition(L) | 2 | $3.7K | 0.0% |
Gift(G) | 4 | $0 | 0.0% |
Will Acquisition(W) | 5 | $0 | 0.0% |
Insider selling pressure at MERCANTILE BANK CORP has increased, with 38 insiders executing 588 transactions across all time. Total sales of $7.9M significantly outpace purchases of $2.7M, resulting in a net outflow of $5.2M. This selling activity appears largely discretionary, which may warrant closer attention from investors.