Form 4: David W. Kemper Reports Acquisition of Commerce Bancshares Stock

Sentiment:

SEC Form 4 Filing


Director David W. Kemper reports acquiring 121 shares of Commerce Bancshares Inc. common stock at $51.3587 per share on March 25, 2024.

Summary

  • On March 25, 2024, David W. Kemper, a director of Commerce Bancshares Inc., acquired 121 shares of common stock at a price of $51.3587 per share.
  • Following this transaction, Kemper's directly held shares amount to 1,181,994.
  • Kemper also indirectly owns shares through various trusts and plans, including CB Kemper Irrev Trust (16,276 shares), CB Kemper Rev Trust (24,034 shares), EC Kemper Rev Trust (39,966 shares), Exec Comp Plan (22,990 shares), JW Kemper Rev Trust (47,821 shares), Tower Properties Co (257,680 shares), WL Kemper Irrev Trust (16,266 shares), and WL Kemper Rev Trust (24,024 shares).

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a company director. The size of the acquisition is not significant enough to drastically alter sentiment.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider activity.

Key Dates

DateDescription
03/25/2024Date of transaction: Acquisition of Commerce Bancshares Inc. common stock.
03/27/2024Date of signature on the Form 4 filing.

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