Michael H. Price, Director at MERCANTILE BANK CORP (MBWM), sold 5,994 shares at $45.85 ($275K) on 2025-11-13, disclosed to the SEC on 2025-11-17.
Seasonal sale ($275k) by Director — this insider has traded MBWM in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $45.81 | 1,417 | $65K | 23.6% |
| 2 | $45.81 | 1,417 | $65K | 23.6% |
| 3 | $45.85 | 3,160 | $145K | 52.7% |
| Total | $45.83 avg | 5,994 | $275K | 100% |
| Filing → |
| MBWM | SELL | 2024-07-22 | $235K | — | Filing → |
| MBWM | SELL | 2023-07-28 | $137K | — | Filing → |
| MBWM | SELL | 2022-01-27 | $41K | — | Filing → |