Form 4: Commerce Bancshares Executive Vice President John K. Handy Reports Stock Sale
SEC Form 4
John K. Handy, an Executive Vice President at Commerce Bancshares, reported selling 6,424 shares of common stock on July 29, 2024.
Summary
- On July 29, 2024, John K. Handy, an Executive Vice President of Commerce Bancshares Inc, sold 6,424 shares of the company's common stock.
- The sale was executed at a price of $65.013 per share.
- Following the transaction, Handy directly owns 42,728 shares of Commerce Bancshares.
- Handy also indirectly owns 1,795 shares through his daughter, 2,392 shares through his son, and 9,211 shares through his spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price given the relatively small volume.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of stock sale transaction |
| 07/31/2024 | Date of signature for the report |
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