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Nelson F. Sanchez

MBWM
DIRECTOR · MERCANTILE BANK CORP · CIK 0002014569
FILING MIX · LIFETIME95%/5%
BUYS
18
SELLS
1
TOTAL VALUE
$142.1K
COMPANIES
1
ACTIVE SINCE
Mar 2024
HOLDINGS NOW
3,899
AVG SELL PX
$47.31
TRADE KIND
SHOWING 19 / 19
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
15 backtested trades · 8 horizons · 11 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Nelson F. Sanchez, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d15+46.67%-0.15%-0.63%+0.48%+0.13%—
14d15+66.67%-1.15%-1.48%+0.33%+0.20%—
30d15+40.00%-1.44%-2.19%+0.75%-0.68%—
60d15+46.67%-4.01%-7.67%+3.66%-1.33%—
90d15+40.00%+1.47%-1.04%+2.51%-3.89%—
180d15+46.67%+10.59%+7.99%+2.60%-4.52%—
1y15(1 pending)+92.86%+14.98%+13.87%+1.11%-1.62%—
2y15(10 pending)+100.00%+42.82%+37.32%+5.49%+5.04%—
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
MBWM · 3,899 shares · as of May 22, 2026
09751,9502,9243,89920252026SHARES HELD
Trading cadence · quarterly flow
BUY ● SELL ●
2024
2024
2024
2024
2025
2025
2025
2025
2026
2026
FLOW · 18 buys / 1 sellsCOVERAGE · 10 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
MBWM
MERCANTILE BANK CORP
PURCHASEGRANT
Stock grant
715——3,899May 22, 2026May 27, 2026 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
1,000$43.50$43.5K3,502Oct 31, 2025Nov 4, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASEGRANT
Stock grant
849——3,084May 22, 2025May 27, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
212$47.00$10.0K2,502Feb 26, 2025Feb 28, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
SALE
100$47.31$4.7K2,216Feb 26, 2025Feb 28, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
193$47.50$9.2K2,090Feb 20, 2025Feb 24, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
200$48.00$9.6K2,290Feb 20, 2025Feb 24, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
191$48.00$9.2K1,897Feb 19, 2025Feb 20, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
195$48.50$9.5K1,706Feb 18, 2025Feb 20, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
189$47.50$9.0K1,511Feb 4, 2025Feb 5, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
187$47.89$9.0K1,322Feb 3, 2025Feb 5, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
103$48.50$5.0K1,135Jan 29, 2025Jan 30, 2025 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASEGRANT
Stock grant
1,007——2,272Jun 20, 2024Jun 24, 2024 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
139$35.90$5.0K1,032Jun 11, 2024Jun 12, 2024 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
138$36.10$5.0K893Jun 10, 2024Jun 12, 2024 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
135$36.94$5.0K755Jun 7, 2024Jun 10, 2024 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
135$37.10$5.0K620Jun 6, 2024Jun 10, 2024 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASEGRANT
Stock grant
69——1,639Mar 11, 2024Mar 12, 2024 ↗View →
MBWM
MERCANTILE BANK CORP
PURCHASE
100$36.51$3.7K1,265Mar 11, 2024Mar 13, 2024 ↗View →
Other insiders · MBWM
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About this filer
CIK 0002014569
ROLE
Director
PRIMARY
MBWM
COMPANIES
1
ACTIVE SINCE
Mar 2024
MARKETPEEL · /INSIDER/0002014569DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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