Form 4: Commerce Bancshares Director Karen L. Daniel Acquires Stock
Statement of Changes in Beneficial Ownership
Commerce Bancshares Director Karen L. Daniel reported the acquisition of 886 shares of common stock on May 29, 2026.
Summary
- Karen L. Daniel, a Director at Commerce Bancshares, Inc. (CBSH), acquired 886 shares of common stock on May 29, 2026.
- The transaction was executed at a price of $52.22 per share.
- Following this transaction, Daniel beneficially owns 20,305 shares of common stock directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a director's direct investment in the company, which can be interpreted as a sign of confidence, but it does not provide new financial performance data.
Positives
- Director acquisition of company stock can signal confidence in the company's future prospects.
- The acquisition was a direct purchase, indicating personal investment by a key insider.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider stock acquisitions, particularly by directors, are common filings under Section 16 of the Securities Exchange Act of 1934. These transactions provide transparency into insider confidence levels within the financial services sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Karen L. Daniel granted a Power of Attorney to Margaret M. Rowe and Steven A. Brandjord to act on her behalf for SEC filings, including Forms 3, 4, 5, Schedules 13D/13G, and Forms 144, and to manage her EDGAR account. | 04/24/2026 | Facilitates timely and accurate reporting of ownership changes and other required SEC disclosures by delegating administrative and filing responsibilities. |
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively, suggesting insider confidence in the company's value.
Key Dates
| Date | Description |
|---|---|
| 04/24/2026 | Date of execution of Power of Attorney by Karen L. Daniel. |
| 05/29/2026 | Date of transaction (acquisition of common stock). |
| 06/02/2026 | Date of filing of Form 4. |
Keywords
Form 4, Insider Trading, Commerce Bancshares, CBSH, Stock Acquisition, Director Transaction, Beneficial Ownership
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