Form 4: UMB Financial Corp CEO Kemper J Mariner Reports Stock Sales
SEC Form 4 Filing
Kemper J Mariner, Chairman and CEO of UMB Financial Corp, reported the sale of common stock on August 2, 2024, according to a Form 4 filing with the SEC.
Summary
- On August 2, 2024, Kemper J Mariner, the Chairman and CEO of UMB Financial Corp, sold shares of UMBF common stock.
- The sales were executed at prices ranging from $93.66 to $93.88 per share.
- A total of 2,406.7823 shares were sold.
- Following the reported transactions, Mr. Mariner directly owns 261,133.2177 shares of UMBF common stock.
- Mr. Mariner also indirectly owns shares through various trusts, custodial accounts, and entities such as Kemper Realty and Pioneer Service Corporation.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an insider. It doesn't inherently convey positive or negative sentiment, but the market's reaction can vary.
Risks
- The document does not explicitly state any risks, but insider selling can sometimes be perceived negatively by the market.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- Shareholders may react to the news of insider selling, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of stock sale transactions |
| 08/05/2024 | Date of signature on the Form 4 filing |
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