Form 4: Commerce Bancshares Director David W. Kemper Reports Gift of Common Stock

Director David W. Kemper reports a gift of Commerce Bancshares common stock, with adjustments to beneficial ownership across various trusts and plans.

Summary

• On September 18, 2024, David W. Kemper, a director of Commerce Bancshares Inc., reported a transaction involving the company's common stock.
• The transaction involved a gift of 323 shares of common stock.
• Following the transaction, Kemper's directly held shares amount to 1,181,994.
• Kemper also has indirect ownership through several trusts and plans, including CB Kemper Rev Trust (40,310 shares), EC Kemper Rev Trust (39,966 shares), Exec Comp Plan (23,106 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 document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates a change in Kemper's holdings, but without additional context, it's difficult to assess the broader implications.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates