Form 4: UMB Financial Corp Chairman and CEO Kemper J Mariner Sells Shares

Kemper J Mariner, Chairman and CEO of UMB Financial Corp, reported the sale of common stock in multiple transactions on November 1, 2024.

Summary

• On November 1, 2024, Kemper J Mariner, Chairman and CEO of UMB Financial Corp, sold shares of UMBF common stock.
• The sales were executed in multiple transactions at varying prices.
• 4,688 shares were sold at a weighted average price of $107.87.
• 10,404 shares were sold at a weighted average price of $108.42.
• 5,308 shares were sold at a weighted average price of $109.40.
• 3,900 shares were sold at a weighted average price of $110.29.
• Following these transactions, Mr. Mariner indirectly owns 1,576,604 shares through a trust.
• Mr. Mariner also directly owns 257,796.2177 shares of common stock.
• Additionally, Mr. Mariner indirectly owns shares through various other entities and accounts, including custodial brokerage accounts for his daughter and son, an ESOP, and several trusts and corporations.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by an insider. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sales in various ways.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's view of the company's prospects, but sales don't necessarily indicate a negative outlook.

Stakeholder Impact

• Shareholders may react to the news of the stock sale, potentially impacting the stock price.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely minimal.

Key Dates