Form 4: Commerce Bancshares Inc. Senior Vice President Sells 500 Shares

Patricia R. Kellerhals, a Senior Vice President at Commerce Bancshares Inc., sold 500 shares of common stock at $68.55 per share on December 9, 2024.

Summary

• Patricia R. Kellerhals, a Senior Vice President at Commerce Bancshares Inc., sold 500 shares of the company's common stock on December 9, 2024.
• The sale was executed at a price of $68.55 per share.
• Following the transaction, Ms. Kellerhals directly owns 22,265 shares of Commerce Bancshares Inc. common stock.
• The stock holding balances were adjusted to include 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 routine SEC filing detailing a stock sale by an insider. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for publicly traded companies in the United States.
• The sale of 500 shares by a Senior Vice President is a relatively small transaction and is not unusual.
• Comparable filings can be found for other financial institutions and publicly traded companies.

Stakeholder Impact

• The sale of shares by a company officer may have a minor impact on shareholder sentiment, but is not expected to have a significant impact on the stock price.

Key Dates

Keywords

insider trading, stock sale, common stock, Commerce Bancshares Inc., CBSH, Patricia R. Kellerhals, stock dividend