Form 4: Commerce Bancshares Director Jonathan M. Kemper Reports Acquisition of Shares
SEC Form 4
Director Jonathan M. Kemper reports acquiring 974 shares of Commerce Bancshares at $53.6855 per share on June 18, 2024.
Summary
- On June 18, 2024, Jonathan M. Kemper, a director of Commerce Bancshares Inc, acquired 974 shares of the company's common stock at a price of $53.6855 per share.
- Following this transaction, Kemper's directly held shares amount to 997,112.
- Kemper also has indirect ownership through various trusts and plans, including 77,332 shares in a 401(k), 21,532 shares in the Charlotte Kemper Irrev Trust, 11,665 shares in the David BR Kemper Irrev Trust, 194,293 shares in an Exec Comp Plan, 45,541 shares in an Irrev Trust For Self, 8,018 shares in the Nicolas Kemper Irrev Trust, 38,354 shares in the Nicolas Kemper Trust, and 257,680 shares in Tower Properties Co.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's share purchase. While insider buying can be seen as a positive signal, it's a relatively small transaction.
Positives
- The director's purchase of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of transaction: Jonathan M. Kemper acquired 974 shares of Commerce Bancshares. |
| 06/20/2024 | Date of signature on the Form 4 filing. |
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