Form 4: Commerce Bancshares Executive Vice President Reports Stock Disposal
SEC Form 4 Filing
Robert S. Holmes, an Executive Vice President at Commerce Bancshares, disposed of 1,848 shares of common stock to cover tax obligations.
Summary
- Robert S. Holmes, an Executive Vice President at Commerce Bancshares Inc., filed a Form 4 indicating a change in beneficial ownership.
- The transaction involved the disposal of 1,848 shares of common stock on February 3, 2025.
- The shares were disposed of at a price of $65.87 per share.
- Following the transaction, Holmes directly owns 57,274 shares of Commerce Bancshares Inc.
- The disposal was likely to cover tax obligations related to vesting of stock awards.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the buying and selling activities of company executives and directors, which can be of interest to investors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of stock disposal transaction |
| 02/05/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Commerce Bancshares, CBSH, Stock Disposal, Executive Vice President, Robert S. Holmes
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