Form 4: UMB Financial Corp Executive Shannon Johnson Sells Shares
SEC Form 4
Shannon Johnson, Chief Administrative Officer of UMB Financial Corp, sold shares of common stock on August 15, 2024.
Summary
- On August 15, 2024, Shannon Johnson, Chief Administrative Officer of UMB Financial Corp, sold shares of the company's common stock.
- The sales were executed in multiple transactions at prices ranging from $97.15 to $97.21 per share.
- A total of 521 shares were sold directly by Johnson.
- Following the reported transactions, Johnson directly owns 20,464.1252 shares of UMB Financial Corp common stock.
- Johnson also indirectly owns 320.0736 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.
Industry Context
This is a routine disclosure of insider trading activity. Monitoring such filings can provide insights into management's perspective on the company's valuation and future prospects, although individual sales don't always indicate a negative outlook.
Stakeholder Impact
- The sale of shares by a high-ranking officer could be perceived negatively by some shareholders, although it may not necessarily indicate a lack of confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of the stock sale transactions |
| 08/19/2024 | Date of signature on the Form 4 filing |
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