Form 4: UMB Financial Corp Executive Amy Harris Reports Stock Disposal

Amy Harris, EVP and Chief Legal Officer of UMB Financial Corp, reports the disposal of 40 shares of common stock to cover tax obligations upon vesting of restricted stock units.

Summary

• On February 11, 2025, Amy Harris, EVP and Chief Legal Officer of UMB Financial Corp, disposed of 40 shares of common stock.
• The transaction was executed at a price of $114.17 per share.
• This disposal was related to covering tax obligations upon the vesting of restricted stock units.
• Following the transaction, Ms. Harris directly owns 7,818 shares of UMB Financial Corp common stock and indirectly owns 92.223 shares through an ESOP.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock units, which is a common practice among executives.

Comparison to Industry Standards

• Executive stock transactions are common across the financial industry.
• Comparing Amy Harris's transactions to those of executives at similar regional banks like Commerce Bancshares or First National of Nebraska would provide context.
• These transactions are typically driven by personal financial planning and tax management strategies.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, as it is a small disposal of shares by an executive for tax purposes.

Key Dates