{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-015826","form_type":"8-K","ticker":"MBWM","cik":"0001042729","company_name":"MERCANTILE BANK CORP","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.737593+00:00","generated_at":"2026-06-14T14:03:26.624539+00:00","sec_items":["5.07","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Mercantile Bank shareholders elect all six directors, approve 2023 incentive plan and auditor","bullets":["Each of six director nominees elected with 9.2M-9.5M votes for; David Ramaker received 8.26M for, 1.45M withheld.","Stock Incentive Plan of 2023 approved with 9.23M votes for, 458,822 against, 16,466 abstentions.","Ratification of Plante & Moran as auditor for 2023 passed with 12.44M votes for, 68,537 against.","Advisory vote on named executive officer compensation approved with 9.48M votes for, 195,851 against."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-015826","json":"https://secwatch.observer/filing/0001437749-23-015826.json","markdown":"https://secwatch.observer/filing/0001437749-23-015826.md","text":"https://secwatch.observer/filing/0001437749-23-015826.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042729/000143774923015826/0001437749-23-015826-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042729/000143774923015826/mbwm20230525_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:03:26.624539+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":"0a48c2575dfd3ac165f039cce131edd0ff97aac7","claim":"MERCANTILE BANK CORP shareholders approved Ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2023 at the 2023-05-25 meeting.","evidence_excerpt":"The votes cast on the ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2023 were as follows: Votes For Votes Against Abstentions Broker Non-Votes 12,443,677 68,537 9,793 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042729/000143774923015826/0001437749-23-015826-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-25"}],"fact_type":"shareholder_vote"},{"claim_id":"2f627d9d505c2ad4609a2755dd68d30e434aeffa","claim":"MERCANTILE BANK CORP shareholders approved Election of six directors, each for a one-year term at the 2023-05-25 meeting.","evidence_excerpt":"The votes cast on the election of directors were as follows: Nominee Votes For Votes Withheld Abstentions Broker Non-Votes David M. Cassard 9,241,879 468,123 0 2,812,004 Michael S. Davenport 9,327,945 382,057 0 2,812,004 Michelle L. Eldridge 9,386,324 323,679 0 2,812,004 Robert B. Kaminski, Jr. 9,509,677 200,325 0 2,812,004 Michael H. Price 9,520,730 189,273 0 2,812,004 David B. Ramaker 8,262,894 1,447,108 0 2,812,004","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042729/000143774923015826/0001437749-23-015826-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-25"}],"fact_type":"shareholder_vote"},{"claim_id":"62d9dfadfbd32f12ca482a22363e405c370fbbd3","claim":"MERCANTILE BANK CORP shareholders approved Approval of the Mercantile Bank Corporation Stock Incentive Plan of 2023 at the 2023-05-25 meeting.","evidence_excerpt":"The votes cast to approve the Mercantile Bank Corporation Stock Incentive Plan of 2023 were as follows: Votes For Votes Against Abstentions Broker Non-Votes 9,234,713 458,822 16,466 2,812,004","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042729/000143774923015826/0001437749-23-015826-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-25"}],"fact_type":"shareholder_vote"},{"claim_id":"dd51fe2cc0f3b24ac44892b53db177dd0597fbd5","claim":"MERCANTILE BANK CORP shareholders approved Advisory vote to approve the compensation of our named executive officers disclosed in our proxy statement for the Annual Meeting at the 2023-05-25 meeting.","evidence_excerpt":"The votes cast on the advisory vote to approve the compensation of our named executive officers disclosed in our proxy statement for the Annual Meeting were as follows: Votes For Votes Against Abstentions Broker Non-Votes 9,480,832 195,851 33,318 2,812,004","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042729/000143774923015826/0001437749-23-015826-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-25"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}