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

Paula S. Petersen, a Senior Vice President at Commerce Bancshares Inc., sold 1,462 shares of common stock at $72.995 per share on November 13, 2024.

Summary

• Paula S. Petersen, a Senior Vice President at Commerce Bancshares Inc., reported a transaction involving the company's common stock.
• On November 13, 2024, Ms. Petersen sold 1,462 shares of common stock at a price of $72.995 per share.
• Following this transaction, Ms. Petersen directly owns 34,190 shares of common stock.
• She also indirectly owns 4,433 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by an executive, which is a routine event. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of an insider transaction, which is common in the financial industry. Such filings are required by the SEC to ensure transparency and prevent insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, and this transaction is consistent with typical insider trading disclosures.
• Similar filings are made by executives at other financial institutions such as JP Morgan Chase, Bank of America, and Wells Fargo when they buy or sell company stock.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale by an executive.

Key Dates

Keywords

Commerce Bancshares Inc, CBSH, stock sale, insider trading, Form 4, Paula S. Petersen, executive transaction