Form 4: UMB Financial Corp CFO Shankar Ram Sells Shares

Shankar Ram, CFO of UMB Financial Corp, sold 2,000 shares of common stock on August 26, 2024, at weighted average prices ranging from $103.44 to $104.11.

Summary

• On August 26, 2024, Shankar Ram, the Chief Financial Officer of UMB Financial Corp, sold 1,697 shares of common stock at a weighted average price of $103.72.
• He also sold 303 shares of common stock at a weighted average price of $104.04.
• Following these transactions, Mr. Ram directly owns 18,793.1405 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: Neutral sentiment as it's a standard disclosure of stock sales by an executive. The sales themselves don't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key executives.

Stakeholder Impact

• The stock sale by a key executive could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the reasons behind the sale.

Key Dates