Form 4: Commerce Bancshares Executive Vice President Kevin G. Barth Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President of Commerce Bancshares, Kevin G. Barth, reports the acquisition and disposal of company stock and stock appreciation rights on January 24th and 27th, 2025.
Summary
- Kevin G. Barth, an Executive Vice President at Commerce Bancshares, reported multiple transactions involving the company's common stock and stock appreciation rights.
- On January 24, 2025, Barth exercised stock appreciation rights to acquire 9,202 shares at $38.2618 and 9,336 shares at $41.8947.
- Also on January 24, 2025, Barth disposed of 1,261 shares at $65.8542, 1,022 shares at $65.895, 5,347 shares at $65.8542, 5,936 shares at $65.895, and 24,870 shares at an average price of $66.0616.
- On January 27, 2025, Barth disposed of 1,222 shares at an average price of $66.6123.
- Following these transactions, Barth directly owns 44,289 shares of Commerce Bancshares common stock.
- Barth also has indirect ownership of 14,774 shares through a spouse, 22,442 shares through an executive compensation plan, and 46,149 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment. It is a routine filing.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry. It provides transparency into the trading activities of key personnel.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider trading activities.
- The reported transactions are typical for executives who receive stock-based compensation and periodically exercise options or sell shares.
- Similar filings can be seen from executives at other financial institutions such as JP Morgan Chase, Bank of America, and Wells Fargo.
Stakeholder Impact
- The transactions may have a minor impact on the stock price, but are unlikely to cause significant fluctuations.
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 01/31/2018 | Start date for vesting of stock appreciation rights in four equal annual installments. |
| 01/24/2019 | Start date for vesting of stock appreciation rights in four equal annual installments. |
| 01/24/2025 | Date of multiple stock transactions including acquisition and disposal of shares and stock appreciation rights. |
| 01/27/2025 | Date of additional stock disposal. |
| 01/28/2025 | Date of signature for the SEC Form 4 filing. |
| 01/31/2027 | Expiration date of stock appreciation rights. |
| 01/24/2028 | Expiration date of stock appreciation rights. |
Keywords
stock transactions, insider trading, stock appreciation rights, executive compensation, common stock, Commerce Bancshares, CBSH
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