Form 4: UMBF CFO Sells Shares for Tax Withholding

UMB Financial Corp's Chief Financial Officer, Ram Shankar, disposed of 926 shares of common stock to satisfy tax withholding obligations.

Summary

• Ram Shankar, Chief Financial Officer of UMB Financial Corp (UMBF), disposed of 926 shares of common stock.
• The transaction occurred on December 31, 2025, at a price of $115.04 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code "F".
• Following the transaction, Mr. Shankar directly owns 30,251.1405 shares and indirectly owns 1,437.179 shares via 401K and 87.093 shares via ESOP.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes by an insider, executed under a pre-arranged plan. It is a neutral event with no significant positive or negative implications for the company's performance or outlook.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-scheduled and non-discretionary sale.

Industry Context

This is an insider transaction filing, which is specific to an individual's stock activity and does not typically reflect broader industry trends or competitive positioning. It is a routine compliance disclosure.

Related Party Transactions

• Ram Shankar, the Chief Financial Officer, disposed of shares of UMB Financial Corp, which is a related party transaction as defined by SEC regulations for insider reporting.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary sale for tax purposes.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

UMB Financial Corp, UMBF, Ram Shankar, Chief Financial Officer, CFO, Insider Trading, Form 4, Stock Sale, Tax Withholding, Equity Disposition, Rule 10b5-1