Form 4: UMB Financial Corp CFO Shankar Ram Reports Stock Disposal
SEC Form 4 Filing
Chief Financial Officer of UMB Financial Corp, Shankar Ram, reports the disposal of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 11, 2025, Shankar Ram, the Chief Financial Officer of UMB Financial Corp, reported a transaction involving the disposal of 85 shares of common stock.
- The shares were disposed of at a price of $114.17 per share.
- This transaction was related to covering tax obligations upon the vesting of restricted stock units.
- Following the transaction, Shankar Ram directly owns 31,765.1405 shares of UMB Financial Corp common stock.
- Additionally, Shankar Ram indirectly owns 1,437.179 shares through a 401K and 87.093 shares through an ESOP.
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 insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an officer to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of the stock disposal transaction. |
| 02/13/2025 | Date of signature for the Form 4 filing. |
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