Neff Douglas D 4

What Happened

• Douglas D. Neff, Senior Vice President of Commerce Bancshares, disposed of 898 shares on Feb 2, 2026 to satisfy a tax liability associated with an equity event. The shares were recorded at $53.23 each, for a total value of approximately $47,801.
• This transaction is a tax-withholding sale (Form 4 transaction code F), not an open-market investment sale; such withholdings commonly occur after option exercises or vesting.

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-04 (filed timely).
• Price per share: $53.23; Shares disposed: 898; Total value: ~$47,801.
• Shares owned after the transaction: not specified in the provided extract.
• Footnote: All stock holding balances were adjusted for a 5% stock dividend (record date 12/02/2025; payable 12/16/2025).
• Transaction code: F — payment of exercise price or tax liability (withholding of shares).

Context

• This was a tax-withholding disposal (cashless-like action) tied to an equity event (e.g., option exercise or vesting). Such withholding sales are routine administrative actions to cover tax obligations and do not necessarily indicate the insider’s view on the company’s future performance.