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Compiled from SEC Form N-PX filings and MERCANTILE BANK CORP.’s Form 8-K, filed May 23, 2024 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of May 23, 2024: 10 items on MERCANTILE BANK CORP.’s Form 8-K, filed May 23, 2024: 10 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore MERCANTILE BANK CORP. in the interactive database Compare manager voting policies
These tallies are MERCANTILE BANK CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 23, 2024 (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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Michael S. Davenport | 9,541,236 | -- | 0 | 349,827 | 2,602,807 | 96% | Not verified | — |
| Elect Director: Michelle L. Eldridge | 9,560,281 | -- | 0 | 330,782 | 2,602,807 | 97% | Not verified | — |
| Elect Director: Robert B. Kaminski, Jr. | 9,678,717 | -- | 0 | 212,346 | 2,602,807 | 98% | Not verified | — |
| Elect Director: Michael H. Price | 9,665,436 | -- | 0 | 225,627 | 2,602,807 | 98% | Not verified | — |
| Elect Director: David B. Ramaker | 9,063,738 | -- | 0 | 827,324 | 2,602,807 | 92% | Not verified | — |
| Elect Director: Raymond E. Reitsma | 9,641,187 | -- | 0 | 249,876 | 2,602,807 | 97% | Not verified | — |
| Elect Director: Nelson F. Sanchez | 9,798,778 | -- | 0 | 92,285 | 2,602,807 | 99.0% | Not verified | — |
| Elect Director: Amy L. Sparks | 9,763,098 | -- | 0 | 127,965 | 2,602,807 | 99% | Not verified | — |
| The votes cast on the ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2024 were as follows: | 12,399,286 | 79,936 | 14,648 | -- | 0 | 99.3% | Not verified | — |
| 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: | 9,328,413 | 382,320 | 180,329 | -- | 2,602,807 | 96% | Not verified | — |
Source: MERCANTILE BANK CORP., Form 8-K, filed with the SEC on May 23, 2024 — read the filing on EDGAR.
Each item below shows how the 200 asset managers that disclosed a MERCANTILE BANK CORP. 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.
Combines 3 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Amy L. Sparks
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: Amy L. Sparks”): 9,763,098 for, 127,965 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,613,079 for, 46,537 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,396 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 47,300 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 0 | 46,537 | Withhold |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 3 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: David B. Ramaker
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: David B. Ramaker”): 9,063,738 for, 827,324 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,408,879 for, 250,737 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,355 | 0 | 0 | 41 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 0 | 0 | 0 | 48,013 | Withhold |
| BRIDGEWAY FUNDS INC | 0 | 0 | 0 | 47,300 | Withhold |
| EA Series Trust | 0 | 0 | 0 | 46,537 | Withhold |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 0 | 0 | 0 | 41,164 | Withhold |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 11,339 | 0 | 0 | 13,633 | Mixed |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Michael H. Price
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: Michael H. Price”): 9,665,436 for, 225,627 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,659,538 for, 78 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,365 | 0 | 0 | 31 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 47,300 | 0 | 0 | 0 | For |
| EA Series Trust | 46,537 | 0 | 0 | 0 | For |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 3 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Michael S. Davenport
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: Michael S. Davenport”): 9,541,236 for, 349,827 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,517,725 for, 141,891 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,355 | 0 | 0 | 41 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 0 | 0 | 0 | 48,013 | Withhold |
| BRIDGEWAY FUNDS INC | 0 | 0 | 0 | 47,300 | Withhold |
| EA Series Trust | 0 | 0 | 0 | 46,537 | Withhold |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 3 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Michelle L. Eldridge
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: Michelle L. Eldridge”): 9,560,281 for, 330,782 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,565,738 for, 93,878 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,355 | 0 | 0 | 41 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 0 | 0 | 0 | 47,300 | Withhold |
| EA Series Trust | 0 | 0 | 0 | 46,537 | Withhold |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.0% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Nelson F. Sanchez
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: Nelson F. Sanchez”): 9,798,778 for, 92,285 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.0% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,613,079 for, 46,537 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,396 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 47,300 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 0 | 46,537 | Withhold |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 3 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Raymond E. Reitsma
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: Raymond E. Reitsma”): 9,641,187 for, 249,876 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,595,655 for, 63,961 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,391 | 0 | 0 | 5 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 0 | 0 | 63,956 | Withhold |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 47,300 | 0 | 0 | 0 | For |
| EA Series Trust | 46,537 | 0 | 0 | 0 | For |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Robert B. Kaminski, Jr.
MERCANTILE BANK CORP.’s own tally for this item (“Elect Director: Robert B. Kaminski, Jr.”): 9,678,717 for, 212,346 withheld, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,659,585 for, 31 withheld, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,365 | 0 | 0 | 31 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 47,300 | 0 | 0 | 0 | For |
| EA Series Trust | 46,537 | 0 | 0 | 0 | For |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Combines 7 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS DISCLOSED IN THIS PROXY STATEMENT.
MERCANTILE BANK CORP.’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:”): 9,328,413 for, 382,320 against, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 0 | 257,195 | 0 | 0 | Against |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,396 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 47,300 | 0 | 0 | 0 | For |
| EA Series Trust | 46,537 | 0 | 0 | 0 | For |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Fund voting reports, all 69 managers: 4,401,068 for, 258,404 against, 180 unknown. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 609,975 | 0 | 0 | 0 | For |
| Renaissance | 470,342 | 0 | 0 | 0 | For |
| BANC FUNDS CO LLC | 405,729 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 348,225 | 0 | 0 | 0 | For |
| American Century | 0 | 258,975 | 0 | 0 | Against |
| Tributary Capital Management, LLC | 228,995 | 0 | 0 | 0 | For |
| GREENLEAF TRUST | 176,168 | 1,105 | 47,781 | 0 | Mixed |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Northern Trust | 152,319 | 0 | 0 | 0 | For |
| LSV ASSET MANAGEMENT | 141,599 | 6,500 | 0 | 0 | For |
| State Street | 121,300 | 0 | 0 | 0 | For |
| MERCER GLOBAL ADVISORS INC /ADV | 112,377 | 0 | 0 | 0 | For |
| Allianz | 109,973 | 0 | 0 | 0 | For |
| Dimensional | 98,659 | 0 | 0 | 0 | For |
| Stieven Capital Advisors, L.P. | 96,196 | 0 | 0 | 0 | For |
| Hillsdale Investment Management Inc. | 79,146 | 0 | 0 | 0 | For |
| OBERWEIS ASSET MANAGEMENT INC/ | 68,700 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 63,597 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 61,950 | 0 | 0 | 0 | For |
| AQR | 58,639 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 56,480 | 0 | 0 | 0 | For |
| Invesco | 55,197 | 0 | 0 | 0 | For |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 47,300 | 0 | 0 | 0 | For |
| SEI | 41,194 | 0 | 0 | 0 | For |
| JPMorgan | 40,995 | 0 | 0 | 0 | For |
Institutional-manager reports, all 153 managers: 4,632,088 for, 309,436 against, 47,781 abstained, 100 not voted. Showing the 25 largest; see all in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: RATIFICATION OF THE APPOINTMENT OF PLANTE & MORAN, PLLC AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING COMPANY FOR 2024.
MERCANTILE BANK CORP.’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 2024 were as follows:”): 12,399,286 for, 79,936 against, per its Form 8-K filed May 23, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 70 asset managers below reported 4,613,079 for, 46,537 against, 180 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,040,107 | 0 | 0 | 0 | For |
| Vanguard | 778,903 | 0 | 0 | 0 | For |
| BlackRock | 691,103 | 0 | 0 | 0 | For |
| Fidelity | 336,855 | 0 | 0 | 0 | For |
| American Century | 257,195 | 0 | 0 | 0 | For |
| Charles Schwab | 198,416 | 0 | 0 | 0 | For |
| Tributary Funds, Inc. | 159,713 | 0 | 0 | 0 | For |
| First Trust | 142,505 | 0 | 0 | 0 | For |
| State Street | 116,396 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 66,000 | 0 | 0 | 0 | For |
| WisdomTree | 63,956 | 0 | 0 | 0 | For |
| Invesco | 49,661 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 48,013 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 47,300 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 46,537 | 0 | 0 | Against |
| Equitable | 41,751 | 0 | 0 | 0 | For |
| SEI | 41,164 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 34,940 | 0 | 0 | 0 | For |
| Thrivent | 34,388 | 0 | 0 | 0 | For |
| Northern Trust | 33,442 | 0 | 0 | 0 | For |
| TIAA | 32,819 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 31,696 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,968 | 0 | 0 | 0 | For |
| JPMorgan | 25,340 | 0 | 0 | 0 | For |
| Lincoln Financial | 24,972 | 0 | 0 | 0 | For |
Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 16,122,503 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Dimensional | 6.45% |
| 2 | Vanguard | 4.83% |
| 3 | BlackRock | 4.29% |
| 4 | Fidelity | 2.09% |
| 5 | American Century | 1.60% |
| 6 | Charles Schwab | 1.23% |
| 7 | Tributary Funds, Inc. | 0.99% |
| 8 | First Trust | 0.88% |
| 9 | State Street | 0.72% |
| 10 | OBERWEIS FUNDS | 0.41% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | BlackRock | 3.78% |
| 2 | Renaissance | 2.92% |
| 3 | BANC FUNDS CO LLC | 2.52% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 2.16% |
| 5 | American Century | 1.61% |
| 6 | Tributary Capital Management, LLC | 1.42% |
| 7 | GREENLEAF TRUST | 1.40% |
| 8 | Charles Schwab | 1.23% |
| 9 | Northern Trust | 0.94% |
| 10 | LSV ASSET MANAGEMENT | 0.92% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| BlackRock | 8.88% | 13F |
| Dimensional Fund Advisors | 7.21% | 13F |
| Vanguard Group | 6.44% | 13F |
| Renaissance Technologies | 3.24% | 13F |
| State Street | 2.80% | 13F |
| Geode Capital | 2.16% | 13F |
| JPMorgan Chase | 1.33% | 13F |
| Northern Trust | 1.14% | 13F |
| Morgan Stanley | 1.04% | 13F |
| Robert B. Kaminski, Jr.● | 0.80% | DEF14A |
Percentages above are of 16,122,503 shares outstanding, as reported by MERCANTILE BANK CORP. on its Form 10-Q dated March 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from MERCANTILE BANK CORP.’s 10-Q dated March 31, 2024. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At MERCANTILE BANK CORP.'s shareholder meeting held May 23, 2024, in the 2023-2024 proxy season, 200 asset managers reported how they voted on 10 ballot items in their SEC Form N-PX filings, covering 2,332 separate fund positions. On the most widely held item on that ballot — ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS DISCLOSED IN THIS… — FOR was 96% 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 CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 23, 2024.
MERCANTILE BANK CORP. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.