Form 4: UMB Financial Corp Executive Reports Stock Disposal
SEC Form 4 Filing
Phillip James Mason, President of Institutional Banking at UMB Financial Corp, reports the disposal of common stock to cover taxes upon vesting of restricted stock units.
Summary
- On February 10, 2025, Phillip James Mason, President of Institutional Banking at UMB Financial Corp, disposed of 49 shares of common stock at a price of $113.24.
- This transaction was to cover taxes upon the vesting of restricted stock units.
- Following the transaction, Mason directly owns 9,615.419 shares of common stock.
- Mason also indirectly owns 851.896 shares through a 401(k) and 228.985 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.
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 related to tax obligations upon vesting of stock.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal transaction. |
| 02/12/2025 | Date of signature for the report. |
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