Form 4: UMB Financial Corp Executive Abigail Wendel Executes Stock Options and Sells Shares
SEC Form 4
Abigail Wendel, President of Consumer Banking at UMB Financial Corp, exercised stock options and sold shares on March 13, 2024.
Summary
- On March 13, 2024, Abigail M Wendel, President Consumer Banking at UMB Financial Corp, executed stock options to acquire 1,239 shares of common stock at a price of $75.25.
- Simultaneously, Wendel sold 300 shares at $80.71 and 882 shares at $80.7, reducing her direct holdings.
- Following these transactions, Wendel directly owns 15,216.9979 shares and indirectly owns 279.226 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document simply reports transactions; it's neutral in sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/02/2019 | Date stock options were exercisable |
| 03/13/2024 | Date of transaction: stock option exercise and sale of shares |
| 02/02/2027 | Expiration date of stock options |
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