Form 4: Commerce Bancshares SVP Reports Routine Stock Dispositions
Insider Transaction Report
Paula S. Petersen, Senior Vice President at Commerce Bancshares, reported the disposition of common stock shares related to tax withholding.
Summary
- Paula S. Petersen, Senior Vice President of Commerce Bancshares Inc. (CBSH), reported two dispositions of common stock.
- On February 2, 2026, 831 shares were disposed of at a price of $53.23 per share.
- On February 3, 2026, an additional 405 shares were disposed of at a price of $53.59 per share.
- These dispositions are indicated by transaction code "F", typically representing shares withheld for tax purposes upon the vesting of equity awards.
- Following these transactions, Petersen directly holds 40,493 shares of common stock and indirectly holds 4,932 shares in a 401(k) plan.
- All stock holding balances were adjusted to include a 5% stock dividend with a record date of December 2, 2025, and payable on December 16, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The transactions are routine dispositions for tax purposes and do not reflect a change in the insider's investment sentiment or the company's operational performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that routine insider transactions, such as those for tax withholding, are common across all industries, particularly in financial services where executive compensation often includes equity awards. These specific transactions do not indicate a shift in broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Paula S. Petersen granted a Power of Attorney to Margaret M. Rowe and Paul A. Steiner to prepare, execute, and file SEC forms (including Forms 3, 4, 5, 13D, 13G, and 144) on her behalf. This includes actions related to the SEC's EDGAR system and obtaining transaction information. | 2025-08-20 | Enhances efficiency and compliance for insider reporting by delegating administrative tasks to designated attorneys-in-fact, ensuring timely and accurate filings. |
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine tax-related dispositions by an insider, not a sale indicating a lack of confidence. The 5% stock dividend is a positive for shareholders, increasing their share count proportionally.
Key Dates
| Date | Description |
|---|---|
| 2025-08-20 | Effective date of Power of Attorney granted by Paula S. Petersen. |
| 2025-12-02 | Record date for 5% stock dividend. |
| 2025-12-16 | Payable date for 5% stock dividend. |
| 2026-02-02 | Disposition of 831 shares of Common Stock by Paula S. Petersen. |
| 2026-02-03 | Disposition of 405 shares of Common Stock by Paula S. Petersen. |
| 2026-02-04 | Signature date of the Form 4 filing. |
Keywords
Commerce Bancshares, CBSH, Form 4, Insider Trading, Stock Transaction, Paula S. Petersen, Senior Vice President, Stock Dividend, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.