Form 4: Commerce Bancshares Executive Vice President John K. Handy Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President John K. Handy reports the disposition of Commerce Bancshares stock through sales and tax withholding.
Summary
- John K. Handy, an Executive Vice President at Commerce Bancshares, reported transactions involving the company's common stock.
- On February 3, 2025, 1,984 shares were disposed of to cover tax obligations at a price of $65.87 per share.
- On February 4, 2025, 4,844 shares were sold at a price of $67.245 per share.
- Following these transactions, Handy directly owns 40,655 shares of Commerce Bancshares common stock.
- Handy also indirectly owns 4,396 shares through his daughter and 9,671 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing reporting stock transactions. It doesn't convey any particular positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The stock sales by an executive could be perceived negatively by shareholders if interpreted as a lack of confidence, but such transactions are common and don't necessarily indicate a negative outlook.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Disposition of 1,984 shares for tax obligations at $65.87 per share. |
| 02/04/2025 | Sale of 4,844 shares at $67.245 per share. |
| 02/05/2025 | Date of signature for the Form 4 filing. |
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