Form 4: UMB Financial Corp Executive Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Phillip James Mason, President of Institutional Banking at UMB Financial Corp, disposed of shares to cover tax obligations related to vested restricted stock units.
Summary
- On February 11, 2025, Phillip James Mason, President of Institutional Banking at UMB Financial Corp, reported a transaction involving common stock.
- Mason disposed of 27 shares of common stock at a price of $114.17 to cover tax obligations.
- Following the transaction, Mason directly owns 9,593.419 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: The sentiment is neutral as the filing simply reports a routine transaction to cover tax obligations. It doesn't indicate any significant positive or negative outlook for the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of the stock transaction (disposal of shares). |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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