Form 4: Commerce Bancshares Inc. Executive Sells 1,000 Shares
SEC Form 4
Patricia R. Kellerhals, Senior Vice President of Commerce Bancshares Inc., sold 1,000 shares of common stock at a price of $69.204 on November 7, 2024.
Summary
- On November 7, 2024, Patricia R. Kellerhals, a Senior Vice President at Commerce Bancshares Inc. (CBSH), sold 1,000 shares of the company's common stock.
- The transaction was executed at a price of $69.204 per share.
- Following the sale, Kellerhals directly owns 22,381 shares of Commerce Bancshares Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction relative to the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the transaction: Patricia R. Kellerhals sold 1,000 shares of Commerce Bancshares Inc. common stock. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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