MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

WELLS FARGO & COMPANY/MN's Holding History (CIK: 0000072971)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 44,288 Value ($000) $2,130 Avg Close $45.87 Range $42.41 - $50.41

Q3 2025

Shares 40,614 Value ($000) $1,828 Avg Close $46.86 Range $43.03 - $49.73

Q2 2025

Shares 39,503 Value ($000) $1,833 Avg Close $42.36 Range $36.85 - $47.07

Q1 2025

Shares 37,494 Value ($000) $1,629 Avg Close $45.00 Range $39.27 - $50.23

Q4 2024

Shares 44,802 Value ($000) $1,993 Avg Close $44.75 Range $39.26 - $50.92

Q3 2024

Shares 33,755 Value ($000) $1,476 Avg Close $42.22 Range $36.25 - $48.82

Q2 2024

Shares 33,524 Value ($000) $1,360 Avg Close $35.44 Range $31.60 - $39.19

Q1 2024

Shares 30,615 Value ($000) $1,178 Avg Close $35.78 Range $32.03 - $40.05

Q4 2023

Shares 34,525 Value ($000) $1,394 Avg Close $32.54 Range $27.90 - $39.22

Q3 2023

Shares 34,234 Value ($000) $1,058 Avg Close $30.06 Range $24.71 - $33.68

Q2 2023

Shares 34,715 Value ($000) $959 Avg Close $25.19 Range $21.63 - $28.94

Q1 2023

Shares 41,761 Value ($000) $1,277 Avg Close $30.13 Range $26.60 - $33.18

Q4 2022

Shares 39,113 Value ($000) $1,310 Avg Close $29.85 Range $26.67 - $32.30

Q3 2022

Shares 39,899 Value ($000) $1,185 Avg Close $29.44 Range $25.99 - $34.34

Q2 2022

Shares 41,119 Value ($000) $1,314 Avg Close $28.27 Range $26.23 - $31.41

Q1 2022

Shares 46,988 Value ($000) $1,665 Avg Close $32.39 Range $30.19 - $34.58

Q4 2021

Shares 47,699 Value ($000) $1,671 Avg Close $29.90 Range $27.52 - $31.97

Q3 2021

Shares 32,885 Value ($000) $1,053 Avg Close $26.36 Range $24.18 - $28.25

Q2 2021

Shares 34,264 Value ($000) $1,035 Avg Close $26.87 Range $25.15 - $28.09

Q1 2021

Shares 70,095 Value ($000) $2,275 Avg Close $25.18 Range $22.28 - $28.98

Q4 2020

Shares 102,869 Value ($000) $2,795 Avg Close $19.74 Range $14.70 - $23.37

Q3 2020

Shares 110,209 Value ($000) $1,986 Avg Close $17.10 Range $14.08 - $19.75

Q2 2020

Shares 114,013 Value ($000) $2,577 Avg Close $17.76 Range $14.98 - $20.99

Q1 2020

Shares 96,935 Value ($000) $2,053 Avg Close $24.07 Range $15.19 - $29.58

Q4 2019

Shares 85,791 Value ($000) $3,129 Avg Close $27.83 Range $24.96 - $29.70

Q3 2019

Shares 88,378 Value ($000) $2,899 Avg Close $25.24 Range $23.31 - $26.97

Q2 2019

Shares 89,171 Value ($000) $2,904 Avg Close $25.50 Range $23.74 - $26.93

Q1 2019

Shares 85,344 Value ($000) $2,793 Avg Close $25.60 Range $21.46 - $27.59

Q4 2018

Shares 76,862 Value ($000) $2,171 Avg Close $23.28 Range $20.34 - $26.17

Q3 2018

Shares 82,637 Value ($000) $2,758 Avg Close $26.41 Range $24.55 - $28.44

Q2 2018

Shares 69,655 Value ($000) $2,574 Avg Close $26.43 Range $24.25 - $28.08

Q1 2018

Shares 61,237 Value ($000) $2,036 Avg Close $25.60 Range $23.81 - $27.39

Q4 2017

Shares 58,911 Value ($000) $2,084 Avg Close $26.15 Range $24.52 - $27.67

Q3 2017

Shares 44,598 Value ($000) $1,557 Avg Close $22.92 Range $21.01 - $26.06

Q2 2017

Shares 37,222 Value ($000) $1,172 Avg Close $23.48 Range $21.84 - $25.88

Q1 2017

Shares 34,855 Value ($000) $1,199 Avg Close $24.07 Range $21.88 - $27.11

Q4 2016

Shares 32,321 Value ($000) $1,218 Avg Close $22.21 Range $18.55 - $27.62

Q3 2016

Shares 30,369 Value ($000) $816 Avg Close $18.07 Range $16.30 - $19.60

Q2 2016

Shares 28,395 Value ($000) $677 Avg Close $16.40 Range $14.56 - $17.56

Q1 2016

Shares 29,342 Value ($000) $657 Avg Close $15.54 Range $14.31 - $16.73

Q4 2015

Shares 30,183 Value ($000) $741 Avg Close $16.07 Range $13.15 - $17.93

Q3 2015

Shares 29,557 Value ($000) $615 Avg Close $13.89 Range $12.48 - $14.88

Q2 2015

Shares 21,957 Value ($000) $471 Avg Close $13.68 Range $13.02 - $14.91

Q1 2015

Shares 4,197 Value ($000) $82 Avg Close $12.97 Range $12.52 - $14.18

Q4 2014

Shares 3,888 Value ($000) $81 Avg Close $13.18 Range $12.41 - $14.87

Q3 2014

Shares 5,008 Value ($000) $95 Avg Close $13.06 Range $12.14 - $15.56

Q2 2014

Shares 6,842 Value ($000) $156 Avg Close $13.00 Range $10.96 - $15.18

Q1 2014

Shares 5,638 Value ($000) $117 Avg Close $12.36 Range $11.23 - $13.27

Q4 2013

Shares 5,638 Value ($000) $122 Avg Close $12.77 Range $11.84 - $13.37

Q3 2013

Shares 5,509 Value ($000) $120 Avg Close $11.85 Range $10.54 - $13.30

Q2 2013

Shares 9,720 Value ($000) $175 Avg Close $9.96 Range $9.67 - $10.62

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	44,288	$2,130	$45.87	$42.41 - $50.41
Q3 2025	40,614	$1,828	$46.86	$43.03 - $49.73
Q2 2025	39,503	$1,833	$42.36	$36.85 - $47.07
Q1 2025	37,494	$1,629	$45.00	$39.27 - $50.23
Q4 2024	44,802	$1,993	$44.75	$39.26 - $50.92
Q3 2024	33,755	$1,476	$42.22	$36.25 - $48.82
Q2 2024	33,524	$1,360	$35.44	$31.60 - $39.19
Q1 2024	30,615	$1,178	$35.78	$32.03 - $40.05
Q4 2023	34,525	$1,394	$32.54	$27.90 - $39.22
Q3 2023	34,234	$1,058	$30.06	$24.71 - $33.68
Q2 2023	34,715	$959	$25.19	$21.63 - $28.94
Q1 2023	41,761	$1,277	$30.13	$26.60 - $33.18
Q4 2022	39,113	$1,310	$29.85	$26.67 - $32.30
Q3 2022	39,899	$1,185	$29.44	$25.99 - $34.34
Q2 2022	41,119	$1,314	$28.27	$26.23 - $31.41
Q1 2022	46,988	$1,665	$32.39	$30.19 - $34.58
Q4 2021	47,699	$1,671	$29.90	$27.52 - $31.97
Q3 2021	32,885	$1,053	$26.36	$24.18 - $28.25
Q2 2021	34,264	$1,035	$26.87	$25.15 - $28.09
Q1 2021	70,095	$2,275	$25.18	$22.28 - $28.98
Q4 2020	102,869	$2,795	$19.74	$14.70 - $23.37
Q3 2020	110,209	$1,986	$17.10	$14.08 - $19.75
Q2 2020	114,013	$2,577	$17.76	$14.98 - $20.99
Q1 2020	96,935	$2,053	$24.07	$15.19 - $29.58
Q4 2019	85,791	$3,129	$27.83	$24.96 - $29.70
Q3 2019	88,378	$2,899	$25.24	$23.31 - $26.97
Q2 2019	89,171	$2,904	$25.50	$23.74 - $26.93
Q1 2019	85,344	$2,793	$25.60	$21.46 - $27.59
Q4 2018	76,862	$2,171	$23.28	$20.34 - $26.17
Q3 2018	82,637	$2,758	$26.41	$24.55 - $28.44
Q2 2018	69,655	$2,574	$26.43	$24.25 - $28.08
Q1 2018	61,237	$2,036	$25.60	$23.81 - $27.39
Q4 2017	58,911	$2,084	$26.15	$24.52 - $27.67
Q3 2017	44,598	$1,557	$22.92	$21.01 - $26.06
Q2 2017	37,222	$1,172	$23.48	$21.84 - $25.88
Q1 2017	34,855	$1,199	$24.07	$21.88 - $27.11
Q4 2016	32,321	$1,218	$22.21	$18.55 - $27.62
Q3 2016	30,369	$816	$18.07	$16.30 - $19.60
Q2 2016	28,395	$677	$16.40	$14.56 - $17.56
Q1 2016	29,342	$657	$15.54	$14.31 - $16.73
Q4 2015	30,183	$741	$16.07	$13.15 - $17.93
Q3 2015	29,557	$615	$13.89	$12.48 - $14.88
Q2 2015	21,957	$471	$13.68	$13.02 - $14.91
Q1 2015	4,197	$82	$12.97	$12.52 - $14.18
Q4 2014	3,888	$81	$13.18	$12.41 - $14.87
Q3 2014	5,008	$95	$13.06	$12.14 - $15.56
Q2 2014	6,842	$156	$13.00	$10.96 - $15.18
Q1 2014	5,638	$117	$12.36	$11.23 - $13.27
Q4 2013	5,638	$122	$12.77	$11.84 - $13.37
Q3 2013	5,509	$120	$11.85	$10.54 - $13.30
Q2 2013	9,720	$175	$9.96	$9.67 - $10.62