Form 4: UMB Financial Corp Executive Terry Thomas S. Reports Stock Disposal

Chief Credit Officer Terry Thomas S. disposed of 451 shares of UMB Financial Corp stock on July 29, 2024, to cover tax obligations related to vesting restricted stock units.

Summary

• On July 29, 2024, Terry Thomas S., Chief Credit Officer of UMB Financial Corp, disposed of 451 shares of common stock.
• The transaction was executed at a price of $98.03 per share.
• This disposal was related to covering tax obligations upon the vesting of restricted stock units.
• Following the transaction, Terry Thomas S. directly owns 39,447.3105 shares of UMB Financial Corp common stock and indirectly owns 4,910.2107 shares through an ESOP.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal, which is common among executives who receive stock-based compensation.

Stakeholder Impact

• The disposal of 451 shares by an executive is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates