The estimated Net Worth of Robert T. Worthington is at least $1.19 Million dollars as of 16 February 2023. Mr. Worthington owns over 2,484 units of Mercantile Bank stock worth over $376,577 and over the last 8 years he sold MBWM stock worth over $376,039. In addition, he makes $440,323 as Chief Operating Officer, Senior Vice President, General Counsel, and Secretary of the Company and Bank at Mercantile Bank.
Robert has made over 5 trades of the Mercantile Bank stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 2,484 units of MBWM stock worth $86,319 on 16 February 2023.
The largest trade he's ever made was selling 3,500 units of Mercantile Bank stock on 1 December 2020 worth over $87,640. On average, Robert trades about 994 units every 79 days since 2016. As of 16 February 2023 he still owns at least 8,815 units of Mercantile Bank stock.
You can see the complete history of Mr. Worthington stock trades at the bottom of the page.
Robert T. Worthington serves as Chief Operating Officer, Senior Vice President, General Counsel, Secretary of the Company and Bank. Mr. Worthington was appointed Chief Operating Officer and Secretary of Mercantile on January 1, 2017, and continues to serve as Chief Operating Officer, Senior Vice President, General Counsel and Secretary of Mercantile and the Bank. Mr. Worthington joined the Bank in 2009 as Senior Vice President and Risk Management Director and was appointed General Counsel of the Bank in 2011. In 2016, Mr. Worthington was appointed Chief Operating Officer of the Bank and became Senior Vice President and General Counsel of Mercantile. Prior to joining the Bank, he was a corporate attorney, internal auditor, certified public accountant, and bank teller. Mr. Worthington serves as a Director of Junior Achievement of the Michigan Great Lakes, Director of Greenville Tool & Die Company, Trustee of Mel Trotter Ministries, Director of the Michigan Bankers Association, Chairman of the Michigan Bankers Workers Compensation Fund, and Trustee of Michigan State University College of Law.
As the Chief Operating Officer, Senior Vice President, General Counsel, and Secretary of the Company and Bank of Mercantile Bank, the total compensation of Robert Worthington at Mercantile Bank is $440,323. There are 7 executives at Mercantile Bank getting paid more, with Robert Kaminski having the highest compensation of $1,014,370.
Robert Worthington is 45, he's been the Chief Operating Officer, Senior Vice President, General Counsel, and Secretary of the Company and Bank of Mercantile Bank since 2017. There are 14 older and no younger executives at Mercantile Bank. The oldest executive at Mercantile Bank Corp. is Edward Clark, 75, who is the Independent Director.
Robert's mailing address filed with the SEC is C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS, MI, 49504.
Over the last 22 years, insiders at Mercantile Bank have traded over $6,885,951 worth of Mercantile Bank stock and bought 319,375 units worth $6,116,262 . The most active insiders traders include Curve Capital Llcbrown Thom..., Michael H Price, and Dale J Visser. On average, Mercantile Bank executives and independent directors trade stock every 32 days with the average trade being worth of $142,599. The most recent stock trade was executed by Robert B Kaminski on 3 September 2024, trading 250 units of MBWM stock currently worth $11,513.
mercantile bank of michigan was founded in 1997 by directors and bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots. at mercantile bank, we use our local directors, our commitment to the community, and our knowledge of michigan to enable us to deliver our services in a way that truly sets us apart from our competitors. we feel our focus on the michigan business community is the best way to help build the economy, and ultimately the community.
Mercantile Bank executives and other stock owners filed with the SEC include: