Form 4: UMB Financial Corp Executive Reports Stock Transactions
SEC Form 4 Filing
David Carl Odgers, Chief Accounting Officer of UMB Financial Corp, reports changes in beneficial ownership of company stock due to tax withholding upon vesting of restricted stock units and holdings in 401K and ESOP.
Summary
- David Carl Odgers, the Chief Accounting Officer of UMB Financial Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report indicates a transaction on February 10, 2025, where 34 shares of common stock were disposed of to cover tax obligations related to dividend equivalents earned upon vesting of restricted stock units at a price of $113.24.
- Following the reported transaction, Odgers directly owns 6,570.41 shares of UMB Financial Corp common stock.
- Additionally, Odgers indirectly owns 280.589 shares through a 401K and 294.209 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Form 4) detailing stock transactions by an officer. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and ownership positions. This filing indicates standard tax-related stock disposals.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction (disposal of 34 shares for tax withholding). |
| 02/12/2025 | 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.