Form 4: UMB Financial Corp Director Kevin Gallagher Reports Share Transactions

Sentiment:

SEC Form 4 Filing


Director Kevin Gallagher of UMB Financial Corp reported acquiring 678 shares of common stock and adjustments to holdings in IRA and Roth IRA accounts.

Summary

  • Kevin Gallagher, a director at UMB Financial Corp, reported a transaction on January 31, 2025.
  • He acquired 678 shares of common stock at a price of $117.9 per share.
  • The report also reflects adjustments to his holdings in an IRA and Roth IRA, with 8,040.001 shares held in the IRA and 444.161 shares held in the Roth IRA.
  • These holdings include shares acquired through dividend reinvestment since his last report.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider trading activity, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
  • The reported transaction is typical for directors who may acquire shares through various means, including dividend reinvestment.

Stakeholder Impact

  • This filing provides transparency to shareholders regarding the trading activity of a company director.

Key Dates

DateDescription
01/31/2025Date of the reported stock transaction.
02/03/2025Date the form was signed.

Keywords

UMB Financial Corp, insider trading, Form 4, share acquisition, director, Kevin Gallagher, stock transaction, IRA, Roth IRA, dividend reinvestment

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.