---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-012698"
form_type: "8-K"
ticker: "MBWM"
cik: "0001042729"
company_name: "MERCANTILE BANK CORP"
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T13:27:39.109239+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Mercantile Bank board committee changes; former CEO Price steps down from three committees

## Summary
- Michael H. Price resigns from Audit, Governance and Nominating, and Compensation Committees, effective immediately.
- Director Michael Davenport replaces Price as Executive Session Facilitator; Price remains Chairman of the Board.
- Change follows engagement with institutional shareholders who object to former CEOs serving on key committees.

## SEC filing metadata
- accession: 0001437749-22-012698
- form_type: 8-K
- ticker: MBWM
- cik: 0001042729
- company_name: MERCANTILE BANK CORP
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042729/000143774922012698/0001437749-22-012698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042729/000143774922012698/mbwm20220516_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-012698
- JSON: https://secwatch.observer/filing/0001437749-22-012698.json
- Plain text: https://secwatch.observer/filing/0001437749-22-012698.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.