Mercantile Bank Stock Insider Power

Based on the 100 latest insides trades, we have calculated the insider power to be negative at -5.26. In total, the insiders bought 72.49K and sold 63.81K MBWM shares in the last 100 trades. The insider score can be negative despite buy/sell ratio being positive. The score focuses on the quality of the trades.

Insider Power

(Last 100 transactions)
-5.26
Buy 72.49K shares
Sell 63.81K shares
75% Buy Activity
Weak Negative Correlation
Buy Signal Low Confidence
May 22, 2026

Analysis Breakdown:

  • Weakened by a contradictory negative Insider Power Score.
  • Confidence increased due to high data reliability score of 100.

Historical Insider Trades

Date Type Person Role Amount
May 22, 2026
Buy
Common Stock
A-Award
Sparks Amy L
Director
Director 906
Value: $47.3K
May 22, 2026
Buy
Common Stock
A-Award
Schmidt Sara A
Director
Director 715
Value: $37.3K
May 22, 2026
Buy
Common Stock
A-Award
Davenport Michael S.
Director
Director 753
Value: $39.3K
May 22, 2026
Buy
Common Stock
A-Award
Schweihofer Steven
Director
Director 715
Value: $37.3K
May 22, 2026
Buy
Common Stock
A-Award
Eldridge Michelle Larabee
Director
Director 830
Value: $43.3K
May 22, 2026
Buy
Common Stock
A-Award
Price Michael H
Director
Director 1 096
Value: $57.2K
May 22, 2026
Buy
Common Stock
A-Award
Jones Joseph D
Director
Director 715
Value: $37.3K
May 22, 2026
Buy
Common Stock
A-Award
Sanchez Nelson F
Director
Director 715
Value: $37.3K
May 22, 2026
Buy
Common Stock
A-Award
Ramaker David B
Director
Director 801
Value: $41.8K
May 22, 2026
Buy
Common Stock
A-Award
Macdonald Richard D
Director
Director 715
Value: $37.3K
May 22, 2026
Buy
Common Stock
A-Award
Williams Shoran R
Director
Director 715
Value: $37.3K
Feb 17, 2026
Sell
Common Stock
F-InKind
Reitsma Raymond E.
President And CEO
CEO / President 4 040
Value: $219.1K
Feb 17, 2026
Sell
Common Stock
F-InKind
Christmas Charles E
EVP & CFO
C-Suite Officer 3 021
Value: $163.8K
Feb 15, 2026
Buy
Common Stock
A-Award
Christmas Charles E
EVP & CFO
C-Suite Officer 1 326
Value: $67.5K
Feb 15, 2026
Buy
Common Stock
A-Award
Reitsma Raymond E.
President And CEO
CEO / President 1 808
Value: $92.0K
Feb 05, 2026
Buy
Common Stock
A-Award
Augustyn Mark S
EVP&chief Comm Banking Officer
Officer 1 437
Value: $78.9K
Feb 05, 2026
Buy
Common Stock
A-Award
Randall Tara M
EVP & Chief Experience Officer
Officer 1 820
Value: $100.0K
Feb 05, 2026
Buy
Common Stock
A-Award
Randall Tara M
EVP & Chief Experience Officer
Officer 910
Value: $50.0K
Feb 05, 2026
Buy
Common Stock
A-Award
Setlock Scott P
EVP, COO, & Secretary
C-Suite Officer 2 271
Value: $124.7K
Feb 05, 2026
Buy
Common Stock
A-Award
Setlock Scott P
EVP, COO, & Secretary
C-Suite Officer 1 135
Value: $62.3K
Feb 05, 2026
Buy
Common Stock
A-Award
Christmas Charles E
EVP & CFO
C-Suite Officer 2 829
Value: $155.4K
Feb 05, 2026
Buy
Common Stock
A-Award
Christmas Charles E
EVP & CFO
C-Suite Officer 1 414
Value: $77.7K
Feb 05, 2026
Buy
Common Stock
A-Award
Hoover Brett
EVP & Chief Hr Officer
Officer 944
Value: $51.9K
Feb 05, 2026
Buy
Common Stock
A-Award
Reitsma Raymond E.
President And CEO
CEO / President 7 559
Value: $415.2K
Feb 05, 2026
Buy
Common Stock
A-Award
Reitsma Raymond E.
President And CEO
CEO / President 3 779
Value: $207.6K

About Insider Power

Insider Power is a proprietary algorithm developed by StockInvest.us to evaluate the significance of insider transactions. The calculation considers the size, type, and timing of transactions, as well as the insider’s role within the company.

It is important to note that, in general, there is little to no correlation between insider transactions and short-term stock price movements. In one of our studies, only 0.22%* of stocks with insider activity showed a measurable correlation — and even then, it was unclear whether the effect was caused by insider actions or simply by the stock’s broader trend.

While our algorithms are designed to highlight potentially meaningful signals, these cannot be regarded as statistically significant on their own. Insider trading activity should therefore be seen as informative rather than as direct trading guidance. The Insider Power metric was created to present this information in a clearer and more accessible way, helping investors better understand the possible context of insider activity.

* October 6th, 2025 - Tested on 5562 stocks

Click to get the best stock tips daily for free!
ABOUT MERCANTILE BANK CORPORATION
Mercantile Bank
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land developme...
GOLDEN STAR
Ticker Change Signal Date
LITE
$905.00
3.65% Jun 01
RUN
$12.83
15.74% May 06
GLBE
$31.61
0.569% May 05
SAP
$172.39
4.80% May 05
ADBE
$243.57
5.20% Apr 29

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE