Form 4: Commerce Bancshares Director Acquires Shares in Year-End Transaction
SEC Form 4 Filing
Director Blackford F. Brauer acquired 1,205 shares of Commerce Bancshares stock on December 31, 2024, increasing his total holdings to 40,849 shares.
Summary
- Blackford F. Brauer, a director at Commerce Bancshares, purchased 1,205 shares of common stock on December 31, 2024.
- The purchase price was $62.31 per share.
- Following the transaction, Brauer's total direct holdings in Commerce Bancshares increased to 40,849 shares.
- The reported stock holding balances include a 5% stock dividend with a record date of December 3, 2024, and payable on December 18, 2024.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction, which is generally positive as it shows director confidence, but it is not a major event.
Positives
- The director's purchase of shares indicates confidence in the company's future prospects.
- The increase in shareholding by a director can be seen as a positive signal to the market.
Industry Context
This transaction is a routine disclosure of insider trading activity and is common for publicly traded companies. It provides transparency into the actions of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
- The transaction is similar to other director share purchases in the financial sector, where directors often acquire shares as part of their compensation or investment strategy.
- The 5% stock dividend is a common corporate action to reward shareholders.
Stakeholder Impact
- The share purchase by a director may positively influence investor confidence.
- The transaction has no direct impact on employees, customers, or suppliers.
Key Dates
| Date | Description |
|---|---|
| 12/03/2024 | Record date for a 5% stock dividend. |
| 12/18/2024 | Payment date for the 5% stock dividend. |
| 12/31/2024 | Date of the share purchase by director Blackford F. Brauer. |
| 01/03/2025 | Date the Form 4 was signed. |
Keywords
Commerce Bancshares, Director Share Purchase, Insider Trading, Stock Acquisition, Form 4, CBSH
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