Form 4: Commerce Bancshares Executive Vice President Sells 5,000 Shares
SEC Form 4 Filing
Robert S. Holmes, an Executive Vice President at Commerce Bancshares, sold 5,000 shares of common stock at a price of $52.655 on March 11, 2024.
Summary
- On March 11, 2024, Robert S. Holmes, an Executive Vice President at Commerce Bancshares INC /MO/, sold 5,000 shares of the company's common stock.
- The transaction was executed at a price of $52.655 per share.
- Following the sale, Holmes directly owns 50,293 shares of Commerce Bancshares common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. It's important to consider the overall trend of insider transactions and company performance to determine if this sale is significant.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of the stock sale transaction. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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