Form 4: UMB Financial Officer Sells Shares Under 10b5-1 Plan

Nikki Farentino Newton, President of Private Wealth Management at UMB Financial Corp, sold 1,300 shares of common stock for approximately $137,917.00.

Summary

• Nikki Farentino Newton, President of Private Wealth Management at UMB Financial Corp (UMBF), reported a sale of common stock.
• The transaction involved the disposition of 1,300 shares of UMBF common stock.
• The shares were sold on November 4, 2025, at a weighted average price of $106.09 per share, with prices ranging from $106.04 to $106.20.
• The total value of the shares sold was approximately $137,917.00 (1,300 shares * $106.09/share).
• The sale was executed pursuant to a Rule 10b5-1(c) trading plan, indicating a pre-scheduled transaction.
• Following the transaction, Ms. Newton directly owns 13,666.81 shares and indirectly owns 65.925 shares through an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: A neutral score. While an insider sale can sometimes be viewed negatively, the execution under a 10b5-1 plan mitigates concerns about its implications for the company's immediate prospects. It's a routine personal financial planning event.

Positives

• The sale was conducted under a Rule 10b5-1(c) plan, which suggests it was a pre-scheduled transaction for personal financial planning rather than a discretionary sale based on new material non-public information.

Negatives

• A high-ranking officer of UMB Financial Corp sold a portion of their common stock holdings.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: May interpret the sale as a slight negative signal, though this is largely mitigated by the disclosure that it was executed under a pre-arranged 10b5-1 plan, suggesting it is not based on new, adverse company information.

Key Dates

Recommendation

The insider sale by a high-ranking officer, while a disposition of shares, was executed under a pre-arranged 10b5-1 trading plan. This suggests the sale is part of personal financial planning rather than a reaction to new, adverse company-specific information. Given the routine nature of such transactions and the absence of other material information in this filing, a 'hold' recommendation is appropriate, as this single event is unlikely to fundamentally alter the investment thesis for UMBF.

Keywords

UMB Financial Corp, UMBF, Insider Sale, Form 4, Nikki Farentino Newton, Stock Transaction, Officer Sale, Private Wealth Management, 10b5-1 Plan