Form 4: Commerce Bancshares Director Jonathan Kemper Sells Shares

Jonathan Kemper, a director at Commerce Bancshares, sold 18,900 shares of common stock on March 5, 2024.

Summary

• On March 5, 2024, Jonathan M. Kemper, a director of Commerce Bancshares Inc., sold 18,900 shares of the company's common stock.
• The sale price averaged $53.61 per share, with individual sale prices ranging from $53.285 to $54.06.
• Following the transaction, Kemper directly owns 996,884 shares of Commerce Bancshares common stock.
• Kemper also indirectly owns shares through various trusts and plans, including a 401(k), Executive Compensation Plan, and irrevocable trusts for himself and family members.
• These indirect holdings total to 695,631 shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of a stock sale by a company director. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company insiders, allowing investors to monitor potential shifts in sentiment or alignment of interests.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.

Key Dates