{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-027733","form_type":"8-K","ticker":"MBWM","cik":"0001042729","company_name":"MERCANTILE BANK CORP","filed_at":"2022-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.374014+00:00","generated_at":"2026-06-21T15:35:46.699374+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Mercantile Bank promotes Brett Hoover to SVP, HR Director effective Jan 1, 2023","bullets":["Brett Hoover, age 52, promoted from Bank's HR Director to same role at holding company effective 1/1/2023.","Amended employment agreement includes 3-year term with automatic renewal; base salary not less than prior year.","Death benefit of $100,000; severance of greater of remaining salary or $250,000 plus 18 months benefits on termination without cause.","Non-compete covenant for 18 months post-termination; change-in-control agreement provides $250,000 lump sum if terminated within 24 months after change.","Mr. Hoover has been with the Bank over 15 years; no family relationships or material related-party transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-027733","json":"https://secwatch.observer/filing/0001437749-22-027733.json","markdown":"https://secwatch.observer/filing/0001437749-22-027733.md","text":"https://secwatch.observer/filing/0001437749-22-027733.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042729/000143774922027733/0001437749-22-027733-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042729/000143774922027733/mbwm20221117_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:35:46.699374+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7b5efdace6","claim":"Brett Hoover changed role as Senior Vice President, Human Resources Director at MERCANTILE BANK CORP.","evidence_excerpt":"On November 17, 2022, the board of directors of Mercantile Bank Corporation (the “Company”) promoted Brett Hoover to the role of Senior Vice President, Human Resources Director of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042729/000143774922027733/0001437749-22-027733-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Senior Vice President, Human Resources Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}