Form 4: Commerce Bancshares SVP Douglas Neff Reports Stock Transactions

Senior Vice President Douglas Neff of Commerce Bancshares reported the acquisition and disposal of common stock and stock appreciation rights on July 22, 2024.

Summary

• Douglas D. Neff, a Senior Vice President at Commerce Bancshares, reported transactions involving the company's common stock and stock appreciation rights.
• On July 22, 2024, Neff acquired 2,291 shares of common stock at a price of $27.0219.
• On the same day, Neff disposed of 385, 970 and 936 shares of common stock at prices of $63.83, $63.83 and $63.541 respectively.
• Neff also exercised stock appreciation rights for 2,291 shares on July 22, 2024, at a price of $27.0219.
• Following these transactions, Neff directly owns 8,038 shares of common stock and indirectly owns 631 shares through a 401(k).
• The stock appreciation rights vest in four equal annual installments beginning March 3, 2016.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The filing ensures transparency for stakeholders regarding insider trading activities.

Key Dates