Form 4: UMB Financial Corp CFO Shankar Ram Reports Stock Disposal Due to Tax Withholding

Chief Financial Officer of UMB Financial Corp, Shankar Ram, reports the disposal of 249 shares of common stock to cover tax obligations upon vesting of restricted stock units.

Summary

• On February 9, 2025, Shankar Ram, the Chief Financial Officer of UMB Financial Corp, disposed of 249 shares of common stock.
• The transaction was executed at a price of $114.11 per share.
• This disposal was related to the fulfillment of tax obligations associated with the vesting of restricted stock units.
• Following the transaction, Shankar Ram directly owns 31,947.1405 shares of UMB Financial Corp common stock.
• Additionally, he indirectly owns 906.1955 shares through a 401K and 73.8624 shares through an ESOP.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity 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 for tax purposes.

Key Dates

Keywords

Form 4, UMB Financial Corp, UMBF, Shankar Ram, Chief Financial Officer, Stock Disposal, Tax Withholding, Insider Trading