Form 4: Commerce Bancshares EVP Sells Shares for Tax

Commerce Bancshares Executive Vice President Kevin G. Barth disposed of 3,366 shares of common stock to cover tax liabilities.

Summary

• Kevin G. Barth, Executive Vice President of Commerce Bancshares Inc. (CBSH), reported a transaction involving the company's common stock.
• On February 2, 2026, Mr. Barth disposed of 3,366 shares of Common Stock at a price of $53.23 per share.
• This transaction was coded 'F', indicating the shares were disposed of to satisfy tax withholding obligations related to equity compensation.
• Following this transaction, Mr. Barth directly beneficially owns 49,237 shares of Common Stock.
• Additionally, Mr. Barth indirectly beneficially owns 50,251 shares in a 401(k) plan, 15,512 shares by his spouse, and 23,999 shares in an Executive Compensation Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine, non-discretionary sale for tax purposes, which does not reflect on the company's operational performance or the executive's investment sentiment.

Negatives

• The Executive Vice President's direct beneficial ownership of common stock decreased by 3,366 shares.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings detailing executive stock transactions, particularly those marked with a 'F' transaction code for tax withholding, are routine occurrences in the financial industry. These transactions are typically pre-planned and do not usually signal a change in an executive's confidence in the company's long-term prospects or broader industry trends.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the company's fundamentals or the executive's long-term view.

Key Dates

Recommendation

This Form 4 reports a routine, tax-related disposal of shares by an executive, which does not indicate a change in the company's fundamentals or the executive's long-term view of the company. It is a standard practice for managing equity compensation and does not warrant a change in investment recommendation based solely on this filing.

Keywords

Commerce Bancshares, CBSH, Kevin G. Barth, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Tax Withholding