Mercantile Bank Corp: director Sanchez Nelson F received 36 shares

What happened Sanchez Nelson F, a director, received 36 shares of common stock as an award/acquisition at $0 per share (total $0), reported on a Form 4 filed Oct 26, 2026.

Key details

• Transaction date and price: Oct 22, 2026, at $0 per share.
• Transaction type: Grant/award or other acquisition (code A).
• Shares acquired: 36.
• Total reported value: $0.
• Filing date: Oct 26, 2026.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote F1: Includes shares acquired since last report of common stock ownership by reinvesting cash dividends under the issuer's dividend reinvestment plan.

Why it may matter

• This was an award/acquisition under the issuer's dividend reinvestment plan, not a market sale or purchase.
• The filing does not show why the insider traded or why the company acted.