Form 4: Commerce Bancshares Director Jonathan Kemper Acquires Shares
SEC Form 4 Filing
Commerce Bancshares director Jonathan Kemper acquired 702 shares of common stock at a price of $67.4541 per share on December 17, 2024.
Summary
- Jonathan Kemper, a director at Commerce Bancshares, acquired 702 shares of common stock on December 17, 2024.
- The shares were purchased at a price of $67.4541 per share.
- Following the transaction, Mr. Kemper's total holdings include both direct and indirect ownership through various trusts and plans.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction by a company director, which is generally neutral. The purchase could be seen as a slightly positive signal, but it's not a major event.
Positives
- The purchase of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine filing related to insider trading activity, which is common in the financial industry. It provides transparency into the transactions 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.
- Similar filings are made by directors and officers of other financial institutions such as JP Morgan Chase, Bank of America, and Wells Fargo when they buy or sell shares of their respective companies.
Stakeholder Impact
- The share purchase by a director may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 12/17/2024 | Date of the share acquisition by Jonathan Kemper. |
| 12/19/2024 | Date of signature on the Form 4 filing. |
Keywords
Commerce Bancshares, Director, Share Acquisition, Insider Trading, Common Stock, Form 4, Jonathan Kemper
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