Form 4: UMB Financial Corp Executive Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
David Carl Odgers, Chief Accounting Officer of UMB Financial Corp, disposed of shares to cover tax obligations arising from vested restricted stock units.
Summary
- On February 9, 2025, David Carl Odgers, Chief Accounting Officer of UMB Financial Corp, disposed of 35 shares of common stock at a price of $114.11.
- The disposal was to cover tax obligations.
- Following the transaction, Odgers directly owns 6,570.41 shares of UMB Financial Corp common stock.
- Odgers also indirectly owns 260.7539 shares through a 401K and 277.5756 shares through an ESOP.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reports a standard transaction related to tax obligations. There are no indications of unusual or concerning activity.
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, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/09/2025 | Date of stock disposal transaction. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
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