Form 4: UMB Financial Corp Executive Nikki Farentino Newton Reports Stock Disposal
SEC Form 4 Filing
Nikki Farentino Newton, President of Private Wealth Management at UMB Financial Corp, reports the disposal of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On February 12, 2025, Nikki Farentino Newton, President of Private Wealth Management at UMB Financial Corp, disposed of 77 shares of common stock.
- The transaction was executed at a price of $112.94 per share.
- This disposal was to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, Newton directly owns 16,559.81 shares of UMB Financial Corp common stock and indirectly owns 65.925 shares through an ESOP.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant change in the executive's holdings or the company's outlook.
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 to cover tax obligations related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of stock disposal transaction. |
| 02/14/2025 | Date of signature on the Form 4 filing. |
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