Form 4: Commerce Bancshares Director Acquires 200 Shares
SEC Form 4 Filing
Director Terry D. Bassham acquired 200 shares of Commerce Bancshares Inc. at $62.50 per share on October 31, 2024.
Summary
- On October 31, 2024, Terry D. Bassham, a director of Commerce Bancshares Inc. (CBSH), purchased 200 shares of common stock at a price of $62.50 per share.
- Following this transaction, Bassham directly owns 22,415 shares of Commerce Bancshares Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of a director's stock purchase. The purchase itself is a mildly positive signal, but the filing is simply a regulatory requirement.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into a company's prospects. A director purchasing shares is often viewed positively.
Stakeholder Impact
- The stock purchase by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of transaction: Terry D. Bassham acquired 200 shares of Commerce Bancshares Inc. |
| 11/01/2024 | Date of signature on the Form 4 filing. |
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