Form 4: Commerce Bancshares Director Acquires Shares in Recent Transaction
SEC Form 4 Filing
Director Terry D. Bassham acquired 228 shares of Commerce Bancshares Inc. common stock at a price of $54.68 per share on April 30, 2024.
Summary
- On April 30, 2024, Terry D. Bassham, a director of Commerce Bancshares Inc., acquired 228 shares of common stock.
- The purchase price was $54.68 per share.
- Following the transaction, Bassham directly owns 22,022 shares of Commerce Bancshares Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a small transaction.
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 as they can provide insights into a company's performance and future prospects. This transaction is a routine disclosure required by the SEC.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of the transaction where Terry D. Bassham acquired shares of Commerce Bancshares Inc. |
| 05/01/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.