Form 4: UMB Financial Corp Executive Rine James D Reports Stock Transaction

James D. Rine, President of UMB Financial Corp, reports a disposition of 682 shares of common stock to cover tax obligations, leaving him with 75,377.1751 shares directly and 1,421.5131 shares indirectly through an ESOP.

Summary

• On February 9, 2025, James D. Rine, President of UMB Financial Corp, disposed of 682 shares of common stock.
• The transaction was to cover tax obligations, with the shares being disposed of at a price of $114.11.
• Following the transaction, Rine directly owns 75,377.1751 shares of common stock.
• Rine also indirectly owns 1,421.5131 shares through an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a standard transaction related to tax obligations. It doesn't indicate positive or negative performance for the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an executive to cover tax obligations.

Key Dates