Form 4: Commerce Bancshares Exec VP David L. Orf Reports Stock Transactions
SEC Form 4 Filing
David L. Orf, Executive Vice President & CCO of Commerce Bancshares, reports acquisition and disposal of company stock.
Summary
- David L. Orf, an Executive Vice President & CCO at Commerce Bancshares Inc, filed a Form 4 on February 5, 2025.
- The report details changes in beneficial ownership of Commerce Bancshares (CBSH) stock.
- On February 3, 2025, Orf disposed of 567 shares of common stock at a price of $65.87.
- Orf directly owns 23,211 shares of Commerce Bancshares common stock following the transaction.
- Orf also indirectly owns 21,533 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, so it doesn't inherently convey strong positive or negative sentiment. It's a neutral disclosure.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the buying and selling activities of company executives and directors. This allows the public to see if insiders are confident in the company's future.
Stakeholder Impact
- Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of stock transaction |
| 02/05/2025 | Date of Form 4 filing |
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