SANCHEZ NELSON F purchased 40.0% of their position (1K shares) of MERCANTILE BANK CORP on the open market
Open‑market purchase worth $43.5K — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 11/4/2025ACC: 0001193125-25-264856
+1K
Net shares
Net buyer
$43.5K
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
1K acquired
Non-Derivative Transactions1
Common Stock
Indirect
Shares
+1K
Price / share
$43.50
Trade value
$43.50K
% of position
40.0%
10/31/2025
2.50K→3.50K
Total
Net shares
+1K
Net value
$43.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/31/2025 | P · Purchase | +1K | $43.50 | $43.50K | 40.0% | 2.50K | 3.50K |
| Total | +1K | $43.50K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Common Stock
DirectShares owned3.08K
Total
3.08K direct3.08K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 3.08K | Direct |
| Total | 3.08K | 3.08K direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported