Form 4: UMB Financial Corp Executive Stacy H King Reports Changes in Beneficial Ownership

Stacy H King, Chief Risk Officer of UMB Financial Corp, reports a transaction involving common stock due to tax obligations related to vested restricted stock units.

Summary

• On February 9, 2025, Stacy H King, Chief Risk Officer of UMB Financial Corp, reported a transaction.
• The transaction involved the disposition of 110 shares of common stock at a price of $114.11 per share to cover tax obligations.
• Following the transaction, King directly owns 11,411 shares of common stock and indirectly owns 39.7315 shares through an ESOP.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, indicating routine transactions. The sentiment is neutral to slightly positive as it reflects ongoing executive compensation.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like UMB Financial Corp, similar to filings made by executives at comparable institutions such as Commerce Bancshares (CBSH) and Bank of America (BAC).
• The reporting requirements are consistent across the industry, ensuring transparency in executive stock transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders as it is a routine sale of shares by an executive for tax purposes.
• It provides transparency regarding executive stock ownership.

Key Dates