Sanchez Nelson F sold MBWM
February 26, 2025 · Form 4 insider transaction
Sanchez Nelson F sold 100 shares of Mercantile Bank Corporation at $47.31 per share, a transaction worth $4.7K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The Reporting Person's sale of Mercantile Bank Corporation's common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 100 shares, with the Reporting Person's purchase of 100 shares of Mercantile Bank Corporation's common stock at a price of $47.00 per share on February 26, 2025. The Reporting Person has agreed to pay to Mercantile Bank Corporation $31.00, representing the full amount of the profit realized in connection with the short-swing transaction, with no deduction for selling expenses.