Form 4: UMB Financial Corp Executive Stacy H King Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Stacy H King, Chief Risk Officer of UMB Financial Corp, disposed of 51 shares of common stock on February 12, 2025, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 12, 2025, Stacy H King, the Chief Risk Officer of UMB Financial Corp, disposed of 51 shares of common stock.
- The transaction was executed at a price of $112.94 per share.
- This disposal was to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, King directly owns 11,273 shares of UMB Financial Corp common stock.
- King also indirectly owns 52.383 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (disposal of shares to cover tax obligations) by a company executive, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by the SEC to monitor potential illegal activity. This transaction appears to be a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of the stock disposal transaction. |
| 02/14/2025 | Date of signature for the Form 4 filing. |
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