Form 4: UMB Financial Corp Executive Brian Beaird Reports Stock Disposal Due to Tax Withholding
SEC Form 4 Filing
Robert Brian Beaird, Chief Human Resource Officer of UMB Financial Corp, reports the disposal of 47 shares of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 11, 2025, Robert Brian Beaird, the Chief Human Resource Officer of UMB Financial Corp, disposed of 47 shares of common stock.
- The transaction was executed at a price of $114.17 per share.
- This disposal was related to the satisfaction of tax obligations arising from the vesting of restricted stock units.
- Following the transaction, Beaird directly owns 11,701.3509 shares of common stock and indirectly owns 216.0408 shares through an ESOP.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes, which is a normal part of executive compensation.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency regarding insider transactions, allowing investors to stay informed about the actions of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of stock disposal transaction. |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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