Form 4: UMB Financial Corp CFO Shankar Ram Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of UMB Financial Corp, Shankar Ram, disposed of shares to cover tax obligations related to vested stock units.
Summary
- On February 10, 2025, Shankar Ram, the Chief Financial Officer of UMB Financial Corporation, reported a transaction involving common stock.
- A total of 128 shares were disposed of at a price of $113.24 per share to cover tax obligations.
- Following the transaction, Mr. Ram directly owns 31,835.1405 shares of UMB Financial Corp common stock.
- Mr. Ram also indirectly owns 1,437.179 shares via 401K and 87.093 shares via ESOP.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company executives and directors. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal transaction. |
| 02/12/2025 | Date of signature by attorney-in-fact. |
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