Form 4: Mercantile Bank Corp Director David B Ramaker Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director David B Ramaker reports changes in beneficial ownership of Mercantile Bank Corp common stock, including acquisition and disposal of shares on June 20, 2024.
Summary
- On June 20, 2024, David B Ramaker, a director of Mercantile Bank Corp, engaged in transactions involving the company's common stock.
- Ramaker acquired 1,098 shares of common stock.
- Following the reported transactions, Ramaker beneficially owns 12,568 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment. It simply reports transactions.
Positives
- The director's continued holding of shares demonstrates ongoing investment in the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of transaction involving common stock. |
| 06/24/2024 | Date of signature on the report. |
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