Form 4: UMB Financial Corp Executive Phillip James Mason Sells Shares
SEC Form 4
Phillip James Mason, President of Institutional Banking at UMB Financial Corp, sold a portion of his UMBF shares on August 23, 2024.
Summary
- Phillip James Mason, President of Institutional Banking at UMB Financial Corp, reported the sale of UMBF shares on August 23, 2024.
- The transactions involved the sale of 200 shares at $103.11, 200 shares at $103.01, and 174 shares at $103.23.
- Following these transactions, Mason directly owns 3,536.419 shares, indirectly owns 837.883 shares through a 401(k), and indirectly owns 213.419 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of the reported transactions (sale of shares). |
| 08/26/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.