Timothy O. Schad is Director at MERCANTILE BANK CORP (MBWM). They have made 6 open-market trades across 1 company since 2007, most recently 2012-11-29.
CIK 0001412205
Unrated. We grade insiders only on stock they chose to buy on the open market. Grants, option exercises and vesting say nothing about timing, so they don't count — which is why someone can file often and still have no grade. It isn't a bad sign: unrated buys beat every graded tier below A.
6 open-market purchases totalling $102K since 2007, never a sale. Across 6 scored buys the stock is down 2.0% at ninety days, and 2.3 points behind the S&P over the same stretch.
6 scored purchases · one row per filing · discretionary only
| Ticker | Shares | Value |
|---|---|---|
| MBWM | 12,025 | $706K |
Shares reported on the most recent Form 4, priced at the 2012-12-03 close.
| 7d | 30d | 90d | |
|---|---|---|---|
| Accuracy | 0% | 0% | 0% |
| Avg Move | -7.3% | -2.0% | -2.0% |
| Alpha | -1.5% | -2.3% | -2.3% |
| Scored | 6 | 6 | 6 |
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| MBWM | BUY | 2011-11-29 | 2011-11-30 | $9.38 | $19K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2008-07-16 | 2008-07-16 | $5.04 | $20K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2008-05-21 | 2008-05-23 | $9.33 | $19K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2008-04-10 | 2008-04-11 | $10.13 | $10K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2008-01-24 | 2008-01-25 | $13.80 | $10K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2007-10-26 | 2007-10-30 | $18.95 | $25K | -7.3% | -2.0% | -2.0% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.