Form 4: UMB Financial Corp Executive Terry Thomas S. Reports Stock Disposal
SEC Form 4 Filing
Chief Credit Officer Terry Thomas S. disposed of 85 shares of UMB Financial Corp stock to cover tax obligations related to vested restricted stock units.
Summary
- On February 10, 2025, Terry Thomas S., Chief Credit Officer of UMB Financial Corp, disposed of 85 shares of common stock.
- The shares were disposed of at a price of $113.24 per share.
- This transaction was to cover tax obligations related to dividends earned upon vesting of restricted stock units.
- Following the transaction, Terry Thomas S. directly owns 36,752.3105 shares of common stock and indirectly owns 5,004.343 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices. This filing indicates a standard transaction to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal transaction |
| 02/12/2025 | Date of signature on the Form 4 filing |
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