UMBF.NASDAQUmb Financial CORP

Form 4: UMB Financial Corp Executive Vice President Reports Stock Transactions

Sentiment:

SEC Form 4

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Uma Wilson, an Executive Vice President at UMB Financial Corp, reported the disposition of 396 shares of common stock to cover tax obligations related to vested restricted stock units, alongside an increase in shares held through the Employee Stock Ownership Plan (ESOP).

Summary

  • On July 29, 2024, Uma Wilson, an Executive Vice President of UMB Financial Corp, reported a transaction involving the company's common stock.
  • Wilson disposed of 396 shares of common stock at a price of $98.03 per share.
  • This transaction was related to covering tax obligations associated with the vesting of restricted stock units.
  • Following the transaction, Wilson directly owns 16,444.9167 shares of UMB Financial Corp common stock.
  • Wilson also indirectly owns 265.5569 shares through the company's Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing represents a routine transaction related to executive compensation and does not indicate any significant positive or negative developments for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates routine activity related to executive compensation and tax obligations.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

DateDescription
07/29/2024Date of the stock transaction (disposal of shares).
07/31/2024Date of signature on the Form 4 filing.

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