Form 4: UMB Financial Corp Executive Terry Thomas S. Reports Stock Disposal
SEC Form 4 Filing
Chief Credit Officer Terry Thomas S. disposed of 71 shares of UMB Financial Corp stock to cover tax obligations related to vested restricted stock units.
Summary
- On February 12, 2025, Terry Thomas S., Chief Credit Officer of UMB Financial Corp, disposed of 71 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, Terry Thomas S. directly owns 36,650.3105 shares of UMB Financial Corp and indirectly owns 5,004.343 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This filing indicates a routine transaction related to tax obligations from vested equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of stock disposal transaction |
| 02/14/2025 | 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.