Form 4: UMB Financial Corp Executive James D. Rine Reports Stock Disposal
SEC Form 4 Filing
James D. Rine, President of UMB Financial Corp, reports the disposal of 312 shares of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On February 11, 2025, James D. Rine, President of UMB Financial Corp, disposed of 312 shares of common stock.
- The transaction was executed at a price of $114.17 per share.
- Following the transaction, Mr. Rine directly owns 74,395.1751 shares of UMB Financial Corp common stock.
- Mr. Rine also indirectly owns 1,457.281 shares through an ESOP.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction. It's a routine disclosure and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of stock disposal transaction |
| 02/13/2025 | Date of signature on the report |
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