Form 4: Commerce Bancshares Director Jonathan M. Kemper Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Jonathan M. Kemper reports changes in beneficial ownership of Commerce Bancshares stock following a transaction on February 27, 2025.
Summary
- On February 27, 2025, Jonathan M. Kemper, a director of Commerce Bancshares Inc., reported a change in his beneficial ownership of the company's common stock.
- The transaction involved the disposal of 43,510 shares at a price of $64.09 per share.
- Following the transaction, Kemper's direct holdings include 1,058,623 shares.
- Kemper also has indirect ownership through various entities, including 38,256 shares in a 401(k), 12,248 shares in a David BR Kemper Irrev Trust, 184,902 shares in an Exec Comp Plan, 47,818 shares in an Irrev Trust For Self, 8,418 shares in a Nicolas Kemper Irrev Trust, 40,271 shares in a Nicolas Kemper Trust, and 270,564 shares in Tower Properties Co.
Sentiment
Score: 5
Explanation: This is a routine filing; the sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's decision to reduce their holdings.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction involving the disposal of Commerce Bancshares common stock. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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