Form 4: UMB Financial Corp Executive Terry Thomas S. Reports Stock Disposal
SEC Form 4 Filing
Chief Credit Officer Terry Thomas S. disposed of 57 shares of UMB Financial Corp stock to cover tax obligations related to vested restricted stock units.
Summary
- On February 11, 2025, Terry Thomas S., Chief Credit Officer of UMB Financial Corp, disposed of 57 shares of common stock.
- The transaction was executed at a price of $114.17 per share.
- Following the transaction, Terry Thomas S. directly owns 36,705.3105 shares of common stock and indirectly owns 5,004.343 shares through an ESOP.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock units, which is a common practice among corporate executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of stock disposal transaction |
| 02/13/2025 | Date of signature on the Form 4 filing |
Keywords
UMB Financial Corp, Terry Thomas S, Form 4, Stock Disposal, Chief Credit Officer, UMBF, ESOP
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