Form 4: Commerce Bancshares SVP Patricia Kellerhals Reports Stock Transactions

Senior Vice President Patricia R. Kellerhals of Commerce Bancshares Inc. reports the disposition of shares to cover tax obligations and a sale of shares on February 3rd and 4th, 2025.

Summary

• Patricia R. Kellerhals, a Senior Vice President at Commerce Bancshares Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 3, 2025, 858 shares of common stock were disposed of to cover tax obligations at a price of $65.87 per share.
• On February 4, 2025, 1,719 shares of common stock were sold at an average price of $67.3013, with prices ranging from $67.24 to $67.32.
• Following these transactions, Kellerhals directly owns 18,688 shares of Commerce Bancshares Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
• The transactions are relatively small in scale, which is typical for routine tax obligation coverage and minor stock sales by executives.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders, as they represent a small portion of the company's outstanding shares.

Key Dates