Form 4: UMBF Chief Credit Officer Gifts Shares

UMB Financial Corp's Chief Credit Officer, Thomas S. Terry, reported gifting 400 shares of common stock at no cost, effective December 12, 2025, under a Rule 10b5-1 plan.

Summary

• Thomas S. Terry, Chief Credit Officer of UMB Financial Corp (UMBF), reported a disposition of 400 shares of common stock.
• The transaction occurred on December 12, 2025, and was categorized as a gift (Transaction Code G).
• The shares were disposed of at a price of $0.
• Following this transaction, Mr. Terry directly beneficially owns 35,622.3105 shares and indirectly owns 5,004.343 shares through an Employee Stock Ownership Plan (ESOP).
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction is a routine insider gift, pre-planned under Rule 10b5-1, and involves a relatively small number of shares compared to the officer's total holdings. It has a neutral impact on the company's operational or financial outlook.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned disposition and potentially reducing concerns about opportunistic insider trading.

Negatives

• A reduction in direct beneficial ownership by a key officer, even through a gift, could be perceived as a slight decrease in direct alignment with shareholder interests, though the amount is small relative to total holdings.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing for a financial institution. Such filings are common and provide transparency into executive stock ownership changes, which is standard practice across all industries, including banking.

Related Party Transactions

• The disposition of 400 shares as a gift at $0 price could be considered a related party transaction if the recipient is a family member or entity, though the filing does not specify the recipient.

Stakeholder Impact

• Minimal direct impact on shareholders due to the small number of shares involved relative to the company's total outstanding shares and the officer's remaining holdings.
• Provides transparency to investors regarding executive stock ownership changes.

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-planned gift of a small number of shares by a Chief Credit Officer. Such a transaction is not indicative of any fundamental change in the company's operations, financial health, or strategic direction. It does not provide new information that would warrant a change in investment recommendation for UMBF.

Keywords

UMB Financial Corp, UMBF, Form 4, Insider Transaction, Stock Gift, Chief Credit Officer, Thomas S. Terry, Rule 10b5-1, Equity Disposition