4/A: UMB Financial Corp Director's Ownership Corrected: No Shares Held in 401(k)
SEC Filing Amendment
A corrected SEC filing reveals that UMB Financial Corp director John K. Schmidt does not hold any company shares in his 401(k) account, contrary to a previous filing.
Summary
- This is an amended SEC Form 4 filing by John K. Schmidt, a director of UMB Financial Corp.
- The amendment corrects a previous filing from February 4, 2025, which incorrectly stated that Mr. Schmidt owned 2,629 shares of UMB Financial Corporation common stock in his 401(k) account.
- The corrected filing clarifies that Mr. Schmidt does not own any UMB Financial Corporation common shares in his 401(k) account.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing. It doesn't indicate any positive or negative performance, but rather ensures accuracy and compliance.
Industry Context
Form 4 filings are standard practice and are required by the SEC to ensure transparency of insider transactions. Amendments are not uncommon and are filed to correct errors or omissions in previous filings.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of earliest transaction |
| 02/04/2025 | Date of original filing that is being amended |
| 05/01/2025 | Date of signature on the amended form |
Keywords
Form 4, Amendment, Director, UMB Financial Corp, Stock Ownership, 401(k), UMBF, SEC Filing
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.