Form 4: Commerce Bancshares Director Jonathan M. Kemper Reports Acquisition of Shares

Director Jonathan M. Kemper reports acquiring 1,012 shares of Commerce Bancshares Inc. at $51.3587 per share on March 25, 2024.

Summary

• On March 25, 2024, Jonathan M. Kemper, a director of Commerce Bancshares Inc., acquired 1,012 shares of the company's common stock at a price of $51.3587 per share.
• Following this transaction, Kemper directly owns 996,884 shares of Commerce Bancshares Inc.
• Kemper also has indirect ownership through various trusts and plans, including 76,509 shares in a 401(k), 21,532 shares in the Charlotte Kemper Irrev Trust, 11,665 shares in the David BR Kemper Irrev Trust, 193,319 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 share acquisition by a director. While insider buying can be seen as a positive signal, it's not overwhelmingly positive in this context.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions. They are closely watched by investors for signals about management's confidence in the company.

Stakeholder Impact

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

Key Dates