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Mercantile Bank Corporation 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Mercantile Bank Corporation’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 14Ballot items
  • 238Asset managers
  • 3,295Fund votes
  • 2026-05-21Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Mercantile Bank Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Mercantile Bank Corporation

These tallies are Mercantile Bank Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Mercantile Bank Corporation — official shareholder meeting results, meeting held 2026-05-21
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Michael S. Davenport 10,862,640--0 224,9922,447,511 Majority: yes
Elect Director: Michelle L. Eldridge 10,778,846--0 308,7872,447,511 Majority: yes
Elect Director: Joseph D. Jones 10,891,612--0 196,0212,447,511 Majority: yes
Elect Director: Richard D. MacDonald 10,867,356--0 220,2772,447,511 Majority: yes
Elect Director: Michael H. Price 10,868,091--0 219,5422,447,511 Majority: yes
Elect Director: David B. Ramaker 10,683,738--0 403,8952,447,511 Majority: yes
Elect Director: Raymond E. Reitsma 10,872,717--0 214,9162,447,511 Majority: yes
Elect Director: Nelson F. Sanchez 10,870,867--0 216,7662,447,511 Majority: yes
Elect Director: Sara A. Schmidt 10,912,834--0 174,7992,447,511 Majority: yes
Elect Director: Steven J. Schweihofer 10,917,759--0 169,8742,447,511 Majority: yes
Elect Director: Amy L. Sparks 10,864,136--0 223,4972,447,511 Majority: yes
Elect Director: Sharon R. Williams 10,893,589--0 194,0442,447,511 Majority: yes
The votes cast on the ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2026 were as follows: 13,471,11354,5269,505 ---- Majority: yes
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: 10,539,827323,243224,563 --2,447,511 Majority: yes

Source: Mercantile Bank Corporation, Form 8-K — read the filing on EDGAR.

How asset managers voted at the Mercantile Bank Corporation 2025-2026 meeting

Each item below shows how the 238 asset managers that disclosed a Mercantile Bank Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. An advisory vote to approve the compensation of our named executive officers disclosed in this proxy statement ("Say-On-Pay").

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 11 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 10,539,827AGAINST: 323,243

Mercantile Bank Corporation’s own tally for this item (“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:”): 10,539,827 for, 323,243 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 61% for, 2% against (63% of the company cast a for/against vote).

The 237 asset managers below cast 99% of the shares they voted on this item FOR (9,967,214 for, 109,123 against).

FOR 99%
FOR: 9,967,214 (98.6%)AGAINST: 109,123 (1.1%)ABSTAIN: 33,781 (0.3%)NOT VOTED: 315 (0.0%)
Largest asset managers voting on “An advisory vote to approve the compensation of our named executive officers disclosed in this proxy statement” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,321,1040 00For
Vanguard1,099,9712 00For
American Century1,093,6150 00For
Wellington997,9990 00For
GEODE CAPITAL MANAGEMENT, LLC433,4230 00For
Fidelity399,6270 00For
Dimensional378,4040 00For
Renaissance296,7940 00For
Charles Schwab280,7570 00For
Northern Trust218,0380 00For
LSV ASSET MANAGEMENT208,5860 00For
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC172,3630 00For
GREENLEAF TRUST117,7060 33,7810For
Tributary Funds, Inc.134,0720 00For
BANC FUNDS CO LLC131,1600 00For
ProShares125,9400 00For
Two Sigma123,7450 00For
MERCER GLOBAL ADVISORS INC /ADV113,8900 00For
AQR111,6610 00For
Siena Capital Partners GP, LLC83,9660 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
Tributary Capital Management, LLC71,4490 00For
De Lisle Partners LLP62,4010 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP60,4050 00For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

2. Election of Directors: Michael S. Davenport

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,862,640WITHHELD: 224,992

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Michael S. Davenport”): 10,862,640 for, 224,992 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Michael S. Davenport” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

3. Election of Directors: Michelle L. Eldridge

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 10,778,846WITHHELD: 308,787

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Michelle L. Eldridge”): 10,778,846 for, 308,787 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 62% for, 2% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,499 for, 0 against).

FOR 99.9%
FOR: 4,147,499 (100.0%)ABSTAIN: 92 (0.0%)
Largest asset managers voting on “Election of Directors: Michelle L. Eldridge” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5930 20For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

4. Election of Directors: Joseph D. Jones

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,891,612WITHHELD: 196,021

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Joseph D. Jones”): 10,891,612 for, 196,021 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Joseph D. Jones” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

5. Election of Directors: Richard D. MacDonald

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,867,356WITHHELD: 220,277

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Richard D. MacDonald”): 10,867,356 for, 220,277 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Richard D. MacDonald” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

6. Election of Directors: Michael H. Price

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,868,091WITHHELD: 219,542

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Michael H. Price”): 10,868,091 for, 219,542 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Michael H. Price” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

7. Election of Directors: David B. Ramaker

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 10,683,738WITHHELD: 403,895

Mercantile Bank Corporation’s own tally for this item (“Elect Director: David B. Ramaker”): 10,683,738 for, 403,895 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 62% for, 2% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,066,279 for, 0 against).

FOR 98%
FOR: 4,066,279 (98.0%)ABSTAIN: 81,311 (2.0%)
Largest asset managers voting on “Election of Directors: David B. Ramaker” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard969,5790 1,0150For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust00 78,9690Abstain
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

8. Election of Directors: Raymond E. Reitsma

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,872,717WITHHELD: 214,916

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Raymond E. Reitsma”): 10,872,717 for, 214,916 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Raymond E. Reitsma” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

9. Election of Directors: Nelson F. Sanchez

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,870,867WITHHELD: 216,766

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Nelson F. Sanchez”): 10,870,867 for, 216,766 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Nelson F. Sanchez” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

10. Election of Directors: Sara A. Schmidt

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,912,834WITHHELD: 174,799

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Sara A. Schmidt”): 10,912,834 for, 174,799 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Sara A. Schmidt” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

11. Election of Directors: Steven J. Schweihofer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,917,759WITHHELD: 169,874

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Steven J. Schweihofer”): 10,917,759 for, 169,874 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1.0% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Steven J. Schweihofer” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

12. Election of Directors: Shoran R. Williams

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,893,589WITHHELD: 194,044

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Sharon R. Williams”): 10,893,589 for, 194,044 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Election of Directors: Shoran R. Williams” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

13. Ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2026 ("Auditor Ratification").

AUDIT-RELATEDMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 13,471,113AGAINST: 54,526

Mercantile Bank Corporation’s own tally for this item (“The votes cast on the ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2026 were as follows:”): 13,471,113 for, 54,526 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 78% for, 0.4% against (78% of the company cast a for/against vote).

The 76 asset managers below cast 100% of the shares they voted on this item FOR (4,147,591 for, 0 against).

FOR 100%
FOR: 4,147,591 (100.0%)
Largest asset managers voting on “Ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm f” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

14. Election of Directors: Amy L. Sparks

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 10,864,136WITHHELD: 223,497

Mercantile Bank Corporation’s own tally for this item (“Elect Director: Amy L. Sparks”): 10,864,136 for, 223,497 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 17,274,375 outstanding shares: 63% for, 1% withheld (64% of the company cast a for/withheld vote).

The 75 asset managers below cast 100% of the shares they voted on this item FOR (4,143,711 for, 0 against).

FOR 100%
FOR: 4,143,711 (100.0%)
Largest asset managers voting on “Election of Directors: Amy L. Sparks” at Mercantile Bank Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard970,5950 00For
BlackRock670,6580 00For
American Century532,5080 00For
Fidelity387,3250 00For
Dimensional278,8110 00For
Charles Schwab140,3600 00For
Tributary Funds, Inc.134,0720 00For
ProShares125,9400 00For
EA Series Trust78,9690 00For
JPMorgan72,4020 00For
ADVISORS' INNER CIRCLE FUND48,6570 00For
BRIDGEWAY FUNDS INC47,3000 00For
HOTCHKIS & WILEY FUNDS /DE/47,2400 00For
WisdomTree43,6460 00For
Equitable41,5910 00For
Principal31,2220 00For
Lincoln Financial30,1880 00For
TIAA28,9490 00For
Nationwide28,9200 00For
QUANTITATIVE MASTER SERIES LLC25,3160 00For
Northern Trust24,0630 00For
Prudential/PGIM22,9160 00For
Columbia Threadneedle22,4360 00For
Goldman Sachs20,2930 00For
AMERICAN BEACON FUNDS19,5400 00For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

Largest Mercantile Bank Corporation shareholders voting in 2025-2026

Ranked by the number of Mercantile Bank Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 17,274,375 shares outstanding at the time of that meeting.

Top Mercantile Bank Corporation shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 7.65%
2Vanguard 6.37%
3American Century 6.33%
4Wellington 5.78%
5GEODE CAPITAL MANAGEMENT, LLC 2.51%
6Fidelity 2.31%
7Dimensional 2.19%
8Renaissance 1.72%
9Charles Schwab 1.63%
10Northern Trust 1.26%

Reported Mercantile Bank Corporation ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Mercantile Bank Corporation beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
BlackRock 8.04% 13F
Wellington Management 6.88% 13F
Vanguard Group 6.17% 13F
Dimensional Fund Advisors 5.98% 13F
State Street 2.91% 13F
Renaissance Technologies 2.73% 13F
Geode Capital 2.52% 13F
Northern Trust 1.35% 13F
Two Sigma 1.05% 13F
Morgan Stanley 0.92% 13F

Percentages above are of 17,274,375 shares outstanding, as reported by Mercantile Bank Corporation on its Form 10-Q dated 2026-04-24 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Mercantile Bank Corporation’s 10-Q dated 2026-04-24. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Mercantile Bank Corporation's shareholder meeting held 2026-05-21, in the 2025-2026 proxy season, 238 asset managers reported how they voted on 14 ballot items in their SEC Form N-PX filings, covering 3,295 separate fund positions. On the most widely held item on that ballot — An advisory vote to approve the compensation of our named executive officers disclosed in this… — FOR was 97% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Mercantile Bank Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

Mercantile Bank Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).