Form 4: Commerce Bancshares SVP Patricia Kellerhals Sells 1,500 Shares
SEC Form 4 Filing
Patricia R. Kellerhals, Senior Vice President of Commerce Bancshares, sold 1,500 shares of common stock at a price of $60.82 on August 12, 2024.
Summary
- On August 12, 2024, Patricia R. Kellerhals, a Senior Vice President at Commerce Bancshares Inc, sold 1,500 shares of the company's common stock.
- The sale was executed at a price of $60.82 per share.
- Following the transaction, Kellerhals directly owns 25,381 shares of Commerce Bancshares.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports a stock sale.
Industry Context
Insider transactions are routinely monitored as they can provide signals, though not always definitive, about a company's prospects. It is important to consider the context of the transaction, such as the size of the sale relative to the individual's holdings and any patterns of trading.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of transaction: Patricia R. Kellerhals sold 1,500 shares of Commerce Bancshares. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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