Form 4: UMB Financial Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Shannon Andresen Johnson, Chief Administrative Officer of UMB Financial Corp, disposed of shares to cover tax obligations arising from vested restricted stock units.
Summary
- On February 11, 2025, Shannon Andresen Johnson, Chief Administrative Officer of UMB Financial Corp, disposed of 81 shares of common stock at a price of $114.17 per share to cover tax obligations.
- Following the transaction, Johnson directly owns 32,187.1252 shares of UMB Financial Corp common stock and indirectly owns 337.419 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. They provide transparency into the transactions of individuals with access to non-public information.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of the stock transaction. |
| 02/13/2025 | Date of signature for the Form 4 filing. |
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