Form 4: UMB Financial Corp CEO Kemper J Mariner Sells Shares
SEC Form 4
Chairman and CEO of UMB Financial Corp, Kemper J Mariner, reports the sale of company stock on August 2, 2024.
Summary
- Kemper J Mariner, Chairman and CEO of UMB Financial Corp, reported a transaction involving the sale of UMBF common stock on August 2, 2024.
- A total of 124 shares were sold in two separate transactions at prices of $95.25 and $95.28 per share.
- Following the reported transactions, Mr. Mariner directly owns 257,796.2177 shares of UMBF common stock.
- He 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 reporting a stock sale by the CEO. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale by the CEO could have a minor impact on shareholder confidence, depending on how the market interprets the transaction.
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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