Jones Joseph D 4

What Happened

• Joseph D. Jones, a director of Mercantile Bank Corp (MBWM), was granted 715 shares on 2026-05-22. The reported acquisition price is $0.00 (transaction code A — award/grant), giving a reported total value of $0 for the acquisition. This was an award/grant (acquisition), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-22; Filing date: 2026-05-27 (filed after the typical 2-business-day Form 4 deadline — appears late).
• Shares acquired: 715; Price per share: $0.00; Reported cash value: $0.
• Transaction code: A (award/grant).
• Shares owned following transaction: not specified in the excerpt provided — see the full Form 4 filing for total beneficial ownership and any vesting schedule or restrictions.
• No footnotes or 10b5-1/withholding details included in the data you provided.

Context

• A $0.00 acquisition typically reflects an awarded instrument (e.g., restricted stock or RSUs) rather than a market purchase; such awards may be subject to vesting or other restrictions and do not necessarily indicate immediate selling or buying in the open market. Check the full filing for vesting terms, restrictions, or further explanatory footnotes.