Form 4: Commerce Bancshares SVP Kim L. Jakovich Reports Stock Acquisition
SEC Form 4 Filing
Senior Vice President Kim L. Jakovich reports acquisition of Commerce Bancshares stock via dividend and adjustments to holdings.
Summary
- Kim L. Jakovich, a Senior Vice President at Commerce Bancshares Inc., reported a transaction on January 28, 2025.
- Jakovich acquired 2,636 shares of Common Stock.
- The reported transaction increased Jakovich's direct holdings to 11,640 shares.
- Jakovich also indirectly owns 1,364 shares through a 401(k).
- 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 neutral regulatory filing. The acquisition of shares by an insider is mildly positive, but not significantly so.
Positives
- The acquisition of shares by a company insider can be seen as a positive signal.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment and confidence in the company's prospects. This Form 4 filing is a standard regulatory disclosure.
Stakeholder Impact
- The stock acquisition by a Senior Vice President could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/03/2024 | Record date of 5% stock dividend |
| 12/18/2024 | Payable date of 5% stock dividend |
| 01/28/2025 | Date of stock acquisition |
| 01/30/2025 | Date of signature on the Form 4 |
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