Form 4: UMB Financial CEO Sells Shares for Tax Obligations

UMB Financial Corp's Chairman and CEO, J Mariner Kemper, disposed of 1,721 shares of common stock to cover tax liabilities related to vested restricted stock units.

Summary

• J Mariner Kemper, Chairman and CEO of UMB Financial Corp (UMBF), reported a disposition of 1,721 shares of common stock.
• The transaction occurred on February 10, 2026, at a price of $132.87 per share.
• The disposition was an 'F' transaction code, indicating shares were withheld to cover tax obligations upon the vesting of underlying restricted stock units.
• Following this transaction, J Mariner Kemper directly beneficially owns 329,621.2177 shares of common stock.
• Indirect beneficial ownership includes shares held by a daughter's custodial brokerage account (1,000 shares), an ESOP (2,352.3 shares), a son's custodial brokerage account (1,000 shares), various trusts (RC Kemper For John, TUW RC Kemper For John Mariner, Mary S Hunt Trust, Megan Kemper Trust, RC Kemper Irrevocable Trust totaling 1,540,218 shares), Kemper Realty (288,945 shares), and Pioneer Service Corporation (392,029 shares).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related disposition of shares upon the vesting of restricted stock units, which is a common practice for executive compensation.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings detailing insider transactions, particularly those involving tax-related dispositions of equity compensation, are routine occurrences in the financial industry and are generally not indicative of a change in company fundamentals or management's long-term outlook.

Related Party Transactions

• J Mariner Kemper's indirect beneficial ownership includes shares held in custodial brokerage accounts for his daughter and son, as well as shares held by various trusts (RC Kemper For John, TUW RC Kemper For John Mariner, Mary S Hunt Trust, Megan Kemper Trust, RC Kemper Irrevocable Trust), Kemper Realty, and Pioneer Service Corporation.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine tax-related transaction and does not reflect a discretionary sale or change in management's confidence.
• Employees: No direct impact on employees, though it highlights the structure of executive equity compensation.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares for tax purposes related to vested equity compensation. It does not provide new information that would warrant a change in investment recommendation for UMB Financial Corp, as it is a standard event for insiders managing their equity awards. Investors should consider broader company fundamentals and market conditions rather than this specific transaction.

Keywords

UMB Financial, UMBF, J Mariner Kemper, Insider Transaction, Form 4, CEO, Stock Sale, Tax Withholding, Restricted Stock Units