Form 4: Commerce Bancshares Executive Vice President John K. Handy Reports Stock Disposal
SEC Form 4 Filing
Executive Vice President John K. Handy of Commerce Bancshares Inc. reports the disposal of common stock on May 28, 2024.
Summary
- On May 28, 2024, John K. Handy, an Executive Vice President at Commerce Bancshares Inc., reported a transaction involving the company's common stock.
- Handy disposed of 3,916 shares of common stock at a price of $54.79.
- Following the transaction, Handy directly owns 49,152 shares.
- Handy also has indirect ownership through a 401(k) (1,795 shares), his daughter (2,392 shares), his son (9,211 shares), and his spouse.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an executive's decision to sell shares.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of stock transaction |
| 05/29/2024 | Date of signature on the Form 4 filing |
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