Form 4: UMB Financial CEO Sells Over 5,400 Shares Under Pre-Arranged Trading Plan

UMB Financial's Chairman and CEO, J. Mariner Kemper, reported the sale of 5,412 shares of common stock on June 2, 2025, through pre-arranged trading plans.

Summary

• J. Mariner Kemper, Chairman and CEO of UMB Financial Corp (UMBF), reported the sale of 5,412 shares of common stock.
• The transactions occurred on June 2, 2025.
• 1,452 shares were sold at a weighted average price of $101.84 per share, with prices ranging from $101.51 to $102.02.
• 3,960 shares were sold at a weighted average price of $101.80 per share, with prices ranging from $101.33 to $102.02.
• These sales were conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating they were pre-scheduled.
• Following these transactions, Mr. Kemper's beneficial ownership includes 336,366.2177 shares held directly and various indirect holdings through entities and trusts, such as Kemper Realty, Pioneer Service Corporation, and several trusts, totaling over 2.5 million shares including the indirect holdings.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider sale, it was conducted under a pre-arranged 10b5-1 plan, which typically mitigates negative interpretations as it suggests the sale was not based on new, material non-public information.

Positives

• The sales were conducted under a Rule 10b5-1(c) plan, which suggests the transactions were pre-scheduled and not based on new, non-public information, mitigating potential negative interpretations.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived as a slight negative by investors as it reduces management's direct equity stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine disclosure of an insider stock sale under a pre-arranged plan, which is a common practice for executives managing their personal portfolios.

Key Dates

Keywords

UMB Financial Corp, UMBF, J. Mariner Kemper, Insider Trading, Form 4, SEC Filing, Stock Sale, CEO, Director, 10b5-1 Plan, Financial Services, Banking