Form 4: Commerce Bancshares Executive Vice President Reports Stock Transactions

John K. Handy, an Executive Vice President at Commerce Bancshares, reported the disposal of company stock and adjustments to holdings following a stock dividend.

Summary

• John K. Handy, an Executive Vice President at Commerce Bancshares, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On January 24, 2025, Mr. Handy disposed of 1,265 shares of common stock at a price of $66 per share.
• On January 27, 2025, he sold an additional 2,722 shares at $66.68 per share.
• Following these transactions, Mr. Handy directly owns 39,638 shares of Commerce Bancshares stock.
• He also indirectly owns 4,396 shares through his daughter and 9,671 shares through his spouse.
• The reported stock holdings have been adjusted to reflect a 5% stock dividend with a record date of December 3, 2024, and payable on December 18, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by an executive, with no indication of positive or negative sentiment.

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 insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transactions are typical for executives managing their personal investment portfolios and are not unusual compared to similar filings from other financial institutions such as JP Morgan Chase or Bank of America.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are unlikely to significantly affect stakeholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Commerce Bancshares, Executive Vice President, Stock Dividend, CBSH