NASDAQ:MBWM

Mercantile Bank Stock Insider Trading

Financial Services > Banks - Regional

Buy MBWM

*Your capital is at risk

$50.91

-1.97 (-3.73%)

At Close: Jun 03, 2026

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
Feb 05, 2026 Buy	Common Stock A-Award	Hoover Brett EVP & Chief Hr Officer	Officer	1 888 Value: $103.7K
Feb 05, 2026 Buy	Common Stock A-Award	Augustyn Mark S EVP&chief Comm Banking Officer	Officer	2 875 Value: $157.9K
Jan 06, 2026 Buy	Common Stock A-Award	Schweihofer Steven Director	Director	321 Value: $15.7K
Dec 31, 2025 Buy	Common Stock A-Award	Schweihofer Steven Director	Director	5 282 Value: $170.7K
Dec 31, 2025 Buy	No securities are beneficially owned.	Schweihofer Steven Director	Director	0 Value: $0
Dec 19, 2025 Sell	Common Stock F-InKind	Setlock Scott P EVP, COO, & Secretary	C-Suite Officer	1 187 Value: $58.7K
Dec 19, 2025 Sell	Common Stock F-InKind	Hoover Brett EVP & Chief Hr Officer	Officer	950 Value: $47.0K
Dec 19, 2025 Sell	Common Stock F-InKind	Randall Tara M EVP & Chief Experience Officer	Officer	1 500 Value: $74.2K
Dec 19, 2025 Sell	Common Stock F-InKind	Augustyn Mark S EVP&chief Comm Banking Officer	Officer	1 461 Value: $72.2K
Dec 12, 2025 Sell	Common Stock G-Gift	Augustyn Mark S EVP&chief Comm Banking Officer	Officer	2 022 Value: $0
Nov 13, 2025 Sell	Common Stock S-Sale	Price Michael H Director	Director	1 417 Value: $64.9K
Nov 13, 2025 Sell	Common Stock S-Sale	Price Michael H Director	Director	3 160 Value: $144.9K
Oct 31, 2025 Buy	Common Stock P-Purchase	Sanchez Nelson F Director	Director	1 000 Value: $43.5K
Aug 18, 2025 Buy	Common Stock P-Purchase	Ramaker David B Director	Director	1 500 Value: $70.1K
Aug 18, 2025 Buy	Common Stock P-Purchase	Ramaker David B Director	Director	1 500 Value: $70.1K
Jul 29, 2025 Buy	Common Stock P-Purchase	Williams Shoran R Director	Director	200 Value: $9K
Jul 29, 2025 Buy	Common Stock P-Purchase	Williams Shoran R Director	Director	200 Value: $9K
Jul 17, 2025 Buy	Common Stock A-Award	Davenport Michael S. Director	Director	17 Value: $828
Jul 17, 2025 Buy	Common Stock A-Award	Sparks Amy L Director	Director	79 Value: $4K
Jul 17, 2025 Buy	Common Stock A-Award	Price Michael H Director	Director	47 Value: $2K
Jul 17, 2025 Buy	Common Stock A-Award	Ramaker David B Director	Director	20 Value: $974
Jul 17, 2025 Buy	Common Stock A-Award	Eldridge Michelle Larabee Director	Director	34 Value: $2K
Jul 17, 2025 Buy	Common Stock A-Award	Eldridge Michelle Larabee Director	Director	34 Value: $2K
Jul 17, 2025 Buy	Common Stock A-Award	Ramaker David B Director	Director	20 Value: $974
Jul 17, 2025 Buy	Common Stock A-Award	Sparks Amy L Director	Director	79 Value: $4K

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

ABOUT MERCANTILE BANK CORPORATION

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...

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