Robert T. Worthington, SVP, CRO, SECRETARY, AND GC at MERCANTILE BANK CORP (MBWM), sold 3,684 shares at $34.75 ($128K) on 2023-02-16, disclosed to the SEC on 2023-02-21.
Open-market sale of $128k MBWM by SVP, CRO, SECRETARY, AND GC. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $34.75 | 1,200 | $42K | 32.6% |
| 2 | $34.75 | 2,484 | $86K | 67.4% |
| Total | $34.75 avg | 3,684 | $128K | 100% |
| Filing → |
| MBWM | SELL | 2020-12-03 | $88K | — | Filing → |
| MBWM | SELL | 2019-11-21 | $88K | — | Filing → |