STOCK TITAN

[Form 4] Mercantile Bank Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Mercantile Bank Corp. (MBWM) filed a Form 4 showing that director Amy L. Sparks acquired 79 common shares on 17 Jul 2025 (transaction code “A”). The filing states a price of $0, indicating the shares were obtained through automatic dividend reinvestment. After the purchase, Sparks directly owns 5,463 MBWM shares.

The transaction represents a modest ~1.5% increase in her reported holdings. No derivative securities were disclosed, and there were no share dispositions. The event is routine, does not affect the company’s capital structure, and provides no operating or earnings information. It mainly signals that the director continues to participate in the company’s dividend reinvestment plan.

Mercantile Bank Corp. (MBWM) ha presentato un Modulo 4 che mostra come la direttrice Amy L. Sparks abbia acquisito 79 azioni ordinarie il 17 luglio 2025 (codice transazione “A”). La dichiarazione indica un prezzo di $0, segnalando che le azioni sono state ottenute tramite il reinvestimento automatico dei dividendi. Dopo l'acquisto, Sparks possiede direttamente 5.463 azioni MBWM.

La transazione rappresenta un modesto aumento di circa l'1,5% delle sue partecipazioni dichiarate. Non sono stati comunicati titoli derivati né ci sono state cessioni di azioni. L'evento è di routine, non influisce sulla struttura del capitale della società e non fornisce informazioni operative o sugli utili. Indica principalmente che la direttrice continua a partecipare al piano di reinvestimento dei dividendi della società.

Mercantile Bank Corp. (MBWM) presentó un Formulario 4 que muestra que la directora Amy L. Sparks adquirió 79 acciones comunes el 17 jul 2025 (código de transacción “A”). La presentación indica un precio de $0, lo que significa que las acciones se obtuvieron mediante la reinversión automática de dividendos. Después de la compra, Sparks posee directamente 5,463 acciones de MBWM.

La transacción representa un aumento modesto de aproximadamente un 1,5% en sus participaciones reportadas. No se divulgaron valores derivados ni hubo disposiciones de acciones. El evento es rutinario, no afecta la estructura de capital de la empresa y no proporciona información operativa ni de ganancias. Principalmente señala que la directora continúa participando en el plan de reinversión de dividendos de la empresa.

머천타일 뱅크 코퍼레이션(MBWM)은 이사 Amy L. Sparks가 2025년 7월 17일에 79주의 보통주를 취득했음을 보여주는 Form 4를 제출했습니다(거래 코드 “A”). 제출서에는 가격이 $0로 표시되어 있어, 주식이 자동 배당 재투자를 통해 획득되었음을 나타냅니다. 매입 후 Sparks는 직접적으로 5,463주의 MBWM 주식을 보유하고 있습니다.

이번 거래는 그녀가 신고한 보유 주식의 약 1.5%에 해당하는 소폭 증가를 의미합니다. 파생 증권은 공개되지 않았으며, 주식 처분도 없었습니다. 이 사건은 일상적인 거래로 회사의 자본 구조에 영향을 미치지 않으며, 운영 또는 수익 정보도 제공하지 않습니다. 주로 이사가 회사의 배당 재투자 계획에 계속 참여하고 있음을 알리는 신호입니다.

Mercantile Bank Corp. (MBWM) a déposé un formulaire 4 indiquant que la directrice Amy L. Sparks a acquis 79 actions ordinaires le 17 juil 2025 (code de transaction « A »). Le dépôt mentionne un prix de 0 $, ce qui indique que les actions ont été obtenues par réinvestissement automatique des dividendes. Après cet achat, Sparks détient directement 5 463 actions MBWM.

Cette transaction représente une augmentation modeste d’environ 1,5 % de ses participations déclarées. Aucun titre dérivé n’a été divulgué et aucune cession d’actions n’a eu lieu. L’événement est de routine, n’affecte pas la structure du capital de l’entreprise et ne fournit aucune information opérationnelle ou sur les bénéfices. Il signale principalement que la directrice continue de participer au plan de réinvestissement des dividendes de la société.

Die Mercantile Bank Corp. (MBWM) reichte ein Formular 4 ein, das zeigt, dass die Direktorin Amy L. Sparks am 17. Juli 2025 79 Stammaktien erworben hat (Transaktionscode „A“). Die Meldung gibt einen Preis von $0 an, was darauf hinweist, dass die Aktien durch automatische Dividendenreinvestition erhalten wurden. Nach dem Kauf besitzt Sparks direkt 5.463 MBWM-Aktien.

Die Transaktion stellt eine moderate Steigerung von etwa 1,5 % ihrer gemeldeten Bestände dar. Es wurden keine Derivate offengelegt, und es gab keine Aktienveräußerungen. Das Ereignis ist routinemäßig, beeinflusst nicht die Kapitalstruktur des Unternehmens und liefert keine Betriebs- oder Gewinninformationen. Es signalisiert hauptsächlich, dass die Direktorin weiterhin am Dividenden-Reinvestitionsplan des Unternehmens teilnimmt.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Minor insider buy via dividend reinvestment; immaterial to valuation but modestly aligns director incentives.

The 79-share addition raises Amy Sparks’ direct stake to 5,463 shares, a negligible ownership level relative to MBWM’s 17 million shares outstanding. Because the acquisition was executed at $0 under the dividend reinvestment plan, it does not reflect an active open-market purchase. Consequently, the filing carries neutral signalling power and no impact on earnings, liquidity, or capital ratios. Investors should view this as routine administrative disclosure rather than a catalyst.

Mercantile Bank Corp. (MBWM) ha presentato un Modulo 4 che mostra come la direttrice Amy L. Sparks abbia acquisito 79 azioni ordinarie il 17 luglio 2025 (codice transazione “A”). La dichiarazione indica un prezzo di $0, segnalando che le azioni sono state ottenute tramite il reinvestimento automatico dei dividendi. Dopo l'acquisto, Sparks possiede direttamente 5.463 azioni MBWM.

La transazione rappresenta un modesto aumento di circa l'1,5% delle sue partecipazioni dichiarate. Non sono stati comunicati titoli derivati né ci sono state cessioni di azioni. L'evento è di routine, non influisce sulla struttura del capitale della società e non fornisce informazioni operative o sugli utili. Indica principalmente che la direttrice continua a partecipare al piano di reinvestimento dei dividendi della società.

Mercantile Bank Corp. (MBWM) presentó un Formulario 4 que muestra que la directora Amy L. Sparks adquirió 79 acciones comunes el 17 jul 2025 (código de transacción “A”). La presentación indica un precio de $0, lo que significa que las acciones se obtuvieron mediante la reinversión automática de dividendos. Después de la compra, Sparks posee directamente 5,463 acciones de MBWM.

La transacción representa un aumento modesto de aproximadamente un 1,5% en sus participaciones reportadas. No se divulgaron valores derivados ni hubo disposiciones de acciones. El evento es rutinario, no afecta la estructura de capital de la empresa y no proporciona información operativa ni de ganancias. Principalmente señala que la directora continúa participando en el plan de reinversión de dividendos de la empresa.

머천타일 뱅크 코퍼레이션(MBWM)은 이사 Amy L. Sparks가 2025년 7월 17일에 79주의 보통주를 취득했음을 보여주는 Form 4를 제출했습니다(거래 코드 “A”). 제출서에는 가격이 $0로 표시되어 있어, 주식이 자동 배당 재투자를 통해 획득되었음을 나타냅니다. 매입 후 Sparks는 직접적으로 5,463주의 MBWM 주식을 보유하고 있습니다.

이번 거래는 그녀가 신고한 보유 주식의 약 1.5%에 해당하는 소폭 증가를 의미합니다. 파생 증권은 공개되지 않았으며, 주식 처분도 없었습니다. 이 사건은 일상적인 거래로 회사의 자본 구조에 영향을 미치지 않으며, 운영 또는 수익 정보도 제공하지 않습니다. 주로 이사가 회사의 배당 재투자 계획에 계속 참여하고 있음을 알리는 신호입니다.

Mercantile Bank Corp. (MBWM) a déposé un formulaire 4 indiquant que la directrice Amy L. Sparks a acquis 79 actions ordinaires le 17 juil 2025 (code de transaction « A »). Le dépôt mentionne un prix de 0 $, ce qui indique que les actions ont été obtenues par réinvestissement automatique des dividendes. Après cet achat, Sparks détient directement 5 463 actions MBWM.

Cette transaction représente une augmentation modeste d’environ 1,5 % de ses participations déclarées. Aucun titre dérivé n’a été divulgué et aucune cession d’actions n’a eu lieu. L’événement est de routine, n’affecte pas la structure du capital de l’entreprise et ne fournit aucune information opérationnelle ou sur les bénéfices. Il signale principalement que la directrice continue de participer au plan de réinvestissement des dividendes de la société.

Die Mercantile Bank Corp. (MBWM) reichte ein Formular 4 ein, das zeigt, dass die Direktorin Amy L. Sparks am 17. Juli 2025 79 Stammaktien erworben hat (Transaktionscode „A“). Die Meldung gibt einen Preis von $0 an, was darauf hinweist, dass die Aktien durch automatische Dividendenreinvestition erhalten wurden. Nach dem Kauf besitzt Sparks direkt 5.463 MBWM-Aktien.

Die Transaktion stellt eine moderate Steigerung von etwa 1,5 % ihrer gemeldeten Bestände dar. Es wurden keine Derivate offengelegt, und es gab keine Aktienveräußerungen. Das Ereignis ist routinemäßig, beeinflusst nicht die Kapitalstruktur des Unternehmens und liefert keine Betriebs- oder Gewinninformationen. Es signalisiert hauptsächlich, dass die Direktorin weiterhin am Dividenden-Reinvestitionsplan des Unternehmens teilnimmt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Sparks Amy L

(Last) (First) (Middle)
C/O MERCANTILE BANK CORPORATION
310 LEONARD ST. NW

(Street)
GRAND RAPIDS MI 49504

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MERCANTILE BANK CORP [ MBWM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/17/2025 A 79 A $0 5,463(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes shares acquired since last report of common stock ownership by reinvesting cash dividends under a dividend reinvestment plan.
/s/ Adin J. Tarr, Attorney-in-Fact 07/21/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the MBWM Form 4 disclose?

Director Amy L. Sparks acquired 79 MBWM common shares on 17 Jul 2025 through dividend reinvestment.

How many MBWM shares does Amy Sparks now own?

After the reported transaction she directly owns 5,463 shares.

Was a purchase price reported for the shares?

Yes, the Form 4 lists a price of $0, consistent with automatic dividend reinvestment.

Were any derivative securities involved?

No, the filing shows no derivative securities acquired or disposed of.

Is the transaction considered material to investors?

Given the small size (~79 shares) relative to MBWM’s float, the impact is immaterial.
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