Form 4: Commerce Bancshares Inc. Executive Heise Reports Stock Disposals
SEC Form 4 Filing
Richard W. Heise, a Senior Vice President at Commerce Bancshares Inc., reported the disposal of common stock to cover tax obligations.
Summary
- Richard W. Heise, a Senior Vice President at Commerce Bancshares Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 3, 2025, Heise disposed of 366 shares of common stock at a price of $64.82.
- On March 4, 2025, Heise disposed of 172 shares of common stock at a price of $62.75.
- Following these transactions, Heise beneficially owns 19,598 shares of Commerce Bancshares Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by investors to understand the trading activity of company insiders.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares on the market.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Disposal of 366 shares of common stock at $64.82 per share. |
| 03/04/2025 | Disposal of 172 shares of common stock at $62.75 per share. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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