Form 4: Commerce Bancshares CEO John W. Kemper Reports Stock Gift
SEC Form 4 Filing
John W. Kemper, CEO of Commerce Bancshares, reported a gift of 89 common stock shares and updates to his beneficial ownership.
Summary
- On May 20, 2024, John W. Kemper, the President and CEO of Commerce Bancshares, reported a transaction involving the company's common stock.
- Kemper gifted 89 shares of common stock.
- Following the transaction, Kemper directly owns 198,298 shares of Commerce Bancshares common stock.
- Kemper also indirectly owns 257,680 shares through Tower Properties Co.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of stock gift transaction |
| 05/21/2024 | Date of signature on the report |
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