Form 4: Commerce Bancshares Inc. Senior Vice President Sells 700 Shares
SEC Form 4 Filing
Patricia R. Kellerhals, a Senior Vice President at Commerce Bancshares Inc., sold 700 shares of common stock at a price of $76.235 per share on November 25, 2024.
Summary
- Patricia R. Kellerhals, a Senior Vice President at Commerce Bancshares Inc., sold 700 shares of the company's common stock on November 25, 2024.
- The sale was executed at a price of $76.235 per share.
- Following the transaction, Ms. Kellerhals directly owns 21,681 shares of Commerce Bancshares Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction, with no indication of positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction, which is common in the financial industry. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
- The sale of 700 shares by a Senior Vice President is not unusual and is within the normal range of insider transactions.
Stakeholder Impact
- The sale of shares by a company officer may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.
Key Dates
| Date | Description |
|---|---|
| 11/25/2024 | Date of the stock sale transaction. |
| 11/26/2024 | Date the Form 4 was signed. |
Keywords
Commerce Bancshares Inc., insider trading, stock sale, Form 4, CBSH, Patricia R. Kellerhals
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