Mercantile Bank Corp Director Steven Schweihofer Acquires 715 Shares at $0

This SEC Form 4 filing reports that Steven Schweihofer, a director of Mercantile Bank Corporation (ticker: MBWM), acquired 715 shares of common stock on May 22, 2026. The transaction was executed at a price of $0 per share, which typically indicates a stock award or grant rather than a market purchase. Following this acquisition, Schweihofer's total holdings increased to 6,317 shares. The filing was signed by attorney-in-fact Adin J. Tarr on behalf of Schweihofer on May 27, 2026. As a director of the company, this transaction represents insider activity that must be disclosed to the SEC. The zero-dollar price suggests this was likely a compensation-related stock grant or award rather than a market transaction, which is common for director compensation packages.