Form 4: Commerce Bancshares SVP Paula S. Petersen Reports Stock Transactions

Senior Vice President of Commerce Bancshares, Paula S. Petersen, reports the disposition of 1,030 shares of common stock to cover tax obligations.

Summary

• Paula S. Petersen, a Senior Vice President at Commerce Bancshares Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 3, 2025, Petersen disposed of 1,030 shares of Commerce Bancshares common stock at a price of $65.87 per share.
• This transaction was related to the satisfaction of tax obligations.
• Following the transaction, Petersen directly owns 39,742 shares of Commerce Bancshares common stock.
• Petersen also indirectly owns 4,683 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't indicate any significant positive or negative implications for the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction related to tax obligations.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive for tax purposes.

Key Dates

Keywords

Form 4, Beneficial Ownership, Commerce Bancshares, CBSH, Stock Transaction, Paula S. Petersen, Senior Vice President