Form 4: Commerce Bancshares Exec VP David L. Orf Reports Stock Sale

David L. Orf, Executive Vice President & CCO of Commerce Bancshares, reports the sale of 1,036 shares of common stock at $68.237 per share on February 5, 2025.

Summary

• David L. Orf, an Executive Vice President & CCO at Commerce Bancshares Inc, filed a Form 4 on February 6, 2025.
• The form reports a transaction that occurred on February 5, 2025, where Orf sold 1,036 shares of Commerce Bancshares common stock.
• The sale price was $68.237 per share.
• Following the transaction, Orf directly owns 22,175 shares of common stock and indirectly owns 21,533 shares through a 401(k).

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it's a common occurrence and doesn't necessarily indicate a negative outlook for the company.

Key Dates

Keywords

Form 4, insider trading, stock sale, David L. Orf, Commerce Bancshares, CBSH, Executive Vice President, CCO