Macatawa Bank Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 58.85% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.5%	Stephen Van Andel	5,319,788	US$75.6m	0.04%	no data
5.93%	AllianceBernstein L.P.	2,038,609	US$29.0m	1.14%	0.01%
4.93%	BlackRock, Inc.	1,693,482	US$24.1m	-4.14%	no data
4.7%	The Vanguard Group, Inc.	1,615,788	US$23.0m	14.6%	no data
4.54%	Dimensional Fund Advisors LP	1,559,969	US$22.2m	0.85%	no data
4.54%	Richard Postma	1,559,639	US$22.2m	0%	no data
2.64%	Renaissance Technologies LLC	905,959	US$12.9m	1.66%	0.02%
1.63%	Geode Capital Management, LLC	561,379	US$8.0m	7.14%	no data
1.63%	State Street Global Advisors, Inc.	558,796	US$7.9m	0.78%	no data
1.45%	Elizabeth Park Capital Advisors, Ltd.	499,302	US$7.1m	-6.36%	5.47%
1.33%	Rhino Investment Partners, Inc.	457,160	US$6.5m	-36.5%	1.21%
1.28%	Siena Capital Partners GP, LLC	439,560	US$6.2m	0%	2.13%
1.15%	Acadian Asset Management LLC	396,277	US$5.6m	0%	0.02%
1.01%	Eaton Vance Management	346,646	US$4.9m	0%	no data
0.91%	Ronald Haan	314,088	US$4.5m	0%	no data
0.91%	Keeley-Teton Advisors, LLC	313,691	US$4.5m	-2.71%	0.56%
0.88%	BNY Mellon Asset Management	303,712	US$4.3m	-1.92%	no data
0.86%	Northern Trust Global Investments	296,661	US$4.2m	25.6%	no data
0.66%	American Century Investment Management Inc	225,580	US$3.2m	-0.01%	no data
0.44%	Goldman Sachs Asset Management, L.P.	152,558	US$2.2m	-1.55%	no data
0.44%	Jon Swets	150,507	US$2.1m	7.66%	no data
0.4%	Douglas Padnos	135,868	US$1.9m	1.45%	no data
0.38%	Raymond James Financial Services Advisors, Inc.	129,177	US$1.8m	9.88%	no data
0.36%	Charles Geenen	123,724	US$1.8m	1.59%	no data
0.36%	Los Angeles Capital Management LLC	122,816	US$1.7m	3.14%	0.01%