Form 4: UMB Financial Corp Executive Nikki Farentino Newton Reports Stock Disposal
SEC Filing
Nikki Farentino Newton, President of Private Wealth Management at UMB Financial Corp, reports the disposal of 91 shares of common stock to cover tax obligations related to vested restricted stock units.
Summary
- Nikki Farentino Newton, an officer at UMB Financial Corp, filed a Form 4 on February 12, 2025, reporting a transaction that occurred on February 10, 2025.
- The transaction involved the disposal of 91 shares of UMB Financial Corp common stock at a price of $113.24 per share.
- This disposal was to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, Newton directly owns 16,666.81 shares of common stock and indirectly owns 65.925 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax-related stock disposal and doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal transaction |
| 02/12/2025 | Date of Form 4 filing |
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