Form 4: Commerce Bancshares Inc. Executive Reports Stock Transaction
SEC Form 4 Filing
David L. Roller, Senior Vice President of Commerce Bancshares Inc., reports a disposition of shares to cover tax obligations.
Summary
- David L. Roller, a Senior Vice President at Commerce Bancshares Inc. (CBSH), filed a Form 4 with the SEC.
- The report details a transaction on February 3, 2025, where 1,587 shares of common stock were disposed of at a price of $65.87 per share.
- This transaction was to cover tax obligations.
- Following the transaction, Roller directly owns 34,403 shares and indirectly owns 2,011 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment, as it's simply a factual disclosure.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This transaction appears to be related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of stock transaction |
| 02/05/2025 | Date of signature on the Form 4 filing |
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