Form 4: Commerce Bancshares Director Acquires Shares in Recent Transaction
SEC Form 4 Filing
Director Terry D. Bassham acquired 433 shares of Commerce Bancshares Inc. at a price of $52.04 on February 29, 2024.
Summary
- On February 29, 2024, Terry D. Bassham, a director of Commerce Bancshares Inc., acquired 433 shares of common stock.
- The purchase price was $52.04 per share.
- Following the transaction, Bassham directly owns 21,794 shares of Commerce Bancshares Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by a company director, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence, as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Terry D. Bassham acquired shares of Commerce Bancshares Inc. |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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