Handy John K 4
Research Summary
AI-generated summary
Commerce Bancshares (CBSH) EVP John K. Handy Withholds 2,349 Shares
What Happened
- John K. Handy, Executive Vice President of Commerce Bancshares, had 2,349 shares disposed (withheld) on Feb 2, 2026 to satisfy an exercise price or tax liability. The shares were valued at $53.23 each, totaling about $125,037. This filing reflects a withholding/tax-payment event (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-02; filing date (Form 4): 2026-02-04 (timely).
- Price: $53.23 per share; Shares withheld/disposed: 2,349; Total value: ~$125,037.
- Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes/exercise).
- Shares owned after transaction: not specified in the filing. Holding balances were adjusted for a 5% stock dividend (F1: record date 12/2/2025, payable 12/16/2025).
- Filing appears timely (within the required two-business-day window).
Context
- A code F withholding is typically a routine settlement to cover taxes or exercise costs following an equity award or option exercise; it is not the same as an open-market sale and therefore doesn't necessarily signal insider sentiment. Purchases or open-market sales are generally more informative about an insider's market view.
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