Form 4: UMB Financial Officer Increases Stake Through Stock Grant and Tax-Related Sale

UMB Financial's Chief Administrative Officer, Shannon Andresen Johnson, increased her direct beneficial ownership of common stock by 4,905 shares following a stock grant and a concurrent tax-related sale.

Summary

• Shannon Andresen Johnson, Chief Administrative Officer of UMB Financial Corp (UMBF), acquired 8,878 shares of common stock at a price of $0.00 per share on July 28, 2025.
• Concurrently, Johnson disposed of 3,973 shares of common stock at a price of $108.95 per share on July 28, 2025, likely to cover tax obligations related to the stock acquisition.
• Following these transactions, Johnson's direct beneficial ownership stands at 37,009.1252 shares.
• Additionally, Johnson holds an indirect beneficial ownership of 337.419 shares through an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 7

Explanation: The filing indicates a net increase in insider ownership through a stock grant, which is generally a positive signal of management's vested interest in the company's performance, despite a concurrent tax-related sale. This is a routine compensation event.

Positives

• Chief Administrative Officer Shannon Andresen Johnson increased her direct beneficial ownership by a net of 4,905 shares, indicating continued alignment with shareholder interests.
• The acquisition of 8,878 shares at $0.00 suggests a stock grant, which is a form of compensation and retention for key executives.

Negatives

• The disposition of 3,973 shares, while likely for tax purposes, represents a reduction in the total number of shares held directly by the officer from the peak after the grant.

Future Outlook

NA

Industry Context

This filing reflects routine executive compensation practices within the financial services industry, where stock grants are common for aligning executive interests with long-term company performance. The concurrent sale for tax purposes is also a standard practice.

Related Party Transactions

• The reported transactions involve an executive (Shannon Andresen Johnson) and the company (UMB Financial Corp), which are considered related parties. The stock grant and subsequent tax-related sale are standard related-party transactions for executive compensation.

Stakeholder Impact

• Shareholders: The net increase in direct beneficial ownership by a key executive may be viewed positively, signaling confidence and alignment of interests with shareholders.
• Employees: The ESOP ownership indicates a broader employee stock ownership program, which can foster employee alignment with company performance.

Key Dates

Recommendation

The filing details a routine executive compensation event involving a stock grant and a tax-related sale, resulting in a net increase in the officer's direct ownership. While this indicates continued alignment of interests, it does not present new fundamental information that would warrant a change from a 'hold' position based solely on this Form 4. Investors should consider broader financial performance and market conditions.

Keywords

UMB Financial Corp, UMBF, Shannon Andresen Johnson, Insider Trading, Form 4, Stock Grant, Executive Compensation, Common Stock, Beneficial Ownership, Chief Administrative Officer