Form 4: UMB Financial Corp CEO Kemper J Mariner Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Chairman and CEO of UMB Financial Corp, Kemper J Mariner, reports the disposal of 1,134 shares of common stock to cover tax obligations related to vested restricted stock units.

Summary

  • On February 12, 2025, Kemper J Mariner, Chairman and CEO of UMB Financial Corp, reported a transaction involving the disposal of 1,134 shares of common stock.
  • The shares were disposed of at a price of $112.94 per share.
  • This transaction was to cover dividends earned upon the vesting of underlying restricted stock units.
  • Following the transaction, Mr. Mariner directly owns 337,847.2177 shares of UMB Financial Corp.
  • Mr. Mariner also has indirect ownership through various trusts, custodial accounts, and entities like Kemper Realty and Pioneer Service Corporation.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations on vested equity.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates

DateDescription
02/12/2025Date of the stock disposal transaction.
02/14/2025Date of signature for the Form 4 filing.

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