Form 4: Commerce Bancshares Director David W. Kemper Reports Acquisition of Shares

Sentiment:

SEC Form 4 Filing


Director David W. Kemper reports the acquisition of Commerce Bancshares Inc shares through a transaction on September 23, 2024.

Summary

  • On September 23, 2024, David W. Kemper, a director of Commerce Bancshares Inc, acquired 101 shares of common stock at a price of $61.9298 per share.
  • Following the transaction, Kemper directly owns 1,181,994 shares of Commerce Bancshares Inc.
  • Kemper also indirectly owns shares through various trusts, including CB Kemper Rev Trust (40,310 shares), EC Kemper Rev Trust (39,966 shares), Exec Comp Plan (23,207 shares), JW Kemper Rev Trust (47,409 shares), Tower Properties Co (257,680 shares), WL Kemper Irrev Trust (16,266 shares), and WL Kemper Rev Trust (24,024 shares).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a transaction. It doesn't inherently indicate positive or negative sentiment about the company.

Positives

  • The director's acquisition of shares could be interpreted as a positive signal about their confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider trading regulations and provides transparency regarding the transactions of company insiders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
2019/04/17Date of Power of Attorney execution.
2024/09/23Date of transaction: acquisition of Commerce Bancshares Inc shares.
2024/09/25Date of signature on the Form 4 filing.

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