HEISE RICHARD W 4

What Happened

• Richard W. Heise, Senior Vice President of Commerce Bancshares, received a grant/award of 1,157 common shares on February 3, 2026. The reported acquisition price is $0.00 (code A — award/grant), so no cash was paid for these shares. This is an issuance of stock to an insider rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (filed timely).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 1,157; price per share: $0.00; total cash value reported: $0.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: All stock holding balances were adjusted to reflect a 5% stock dividend (record date 12/02/2025; payable 12/16/2025).

Context

• Awards like this are typically part of compensation or retention programs and do not necessarily signal the insider buying or selling stock in the open market. Because the grant price is $0.00, this reflects an issuance of shares rather than a cash purchase. The filing appears timely (within the standard two-business-day window).