Form 4: UMB Financial Corp Executive Sells Shares
SEC Form 4
Robert Brian Beaird, Chief Human Resource Officer of UMB Financial Corp, sold 698 shares of common stock at a price of $93.185 per share on August 2, 2024.
Summary
- On August 2, 2024, Robert Brian Beaird, the Chief Human Resource Officer of UMB Financial Corp, sold 698 shares of the company's common stock.
- The sale price was $93.185 per share.
- Following the transaction, Beaird directly owns 6,682.3509 shares of UMB Financial Corp.
- Beaird also indirectly owns 327.5558 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by an executive, and does not inherently indicate positive or negative sentiment. It's a neutral event from a financial perspective unless part of a larger trend.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This allows the public to see if key people are buying or selling shares in their own companies.
Stakeholder Impact
- The sale of shares by a company executive can sometimes be perceived negatively by shareholders, although single transactions are not necessarily indicative of a trend.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of the stock sale transaction |
| 08/05/2024 | Date of signature for 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.