JAKOVICH KIM L 4

What Happened

Kim L. Jakovich, Senior Vice President of Commerce Bancshares, was granted 2,083 shares on February 3, 2026. The Form 4 reports the acquisition as an award/grant (code A) with an acquisition price of $0.00 and a reported value of $0 for the transaction.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (appears timely).
• Transaction type: Award/Grant (Form 4 code A).
• Shares acquired: 2,083 at $0.00 (reported acquisition value $0).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote: All stock holding balances were adjusted to include a 5% stock dividend (record date 12/02/2025; payable 12/16/2025), which affected reported balances.
• No indication in this filing of a 10b5-1 plan, tax withholding, or a cashless sale.

Context

An "A" code on Form 4 indicates a grant or award (commonly restricted stock or RSUs) rather than an open-market purchase; the $0 acquisition price reflects that the shares were granted rather than bought. Grants are routine compensation for executives and do not by themselves indicate a buy/sell signal. This filing appears timely under the SEC two-business-day rule.