Form 4: UMB Financial Corp Executive Stacy H King Reports Stock Disposal
SEC Form 4 Filing
Stacy H King, Chief Risk Officer of UMB Financial Corp, reports the disposal of 44 shares of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On February 11, 2025, Stacy H King, Chief Risk Officer of UMB Financial Corp, disposed of 44 shares of common stock.
- The transaction was executed at a price of $114.17 per share.
- This disposal was related to covering tax obligations associated with the vesting of restricted stock units.
- Following the transaction, King directly owns 11,313 shares of UMB Financial Corp common stock.
- King also indirectly owns 52.383 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by corporate insiders. This filing indicates a routine transaction related to tax obligations and doesn't necessarily reflect a change in the executive's long-term outlook on the company.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of the transaction (stock disposal). |
| 02/13/2025 | Date of signature on 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.